Yams Goes from $60m to $0 in Moments as Bug Fix Vote Fails
The new hot DeFi coin Yams was supposed to earn everyone 2% a day. But the hype train go derailed when the rushed project crashed to $0 after a key vote to fix a bug failed.
News
CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
Is it DeFi Season?
ETH is breaking out after decentralized finance (DeFi) coins, almost all of which are Ethereum-based have run hard.
Is it Time for Alt Season?
Is it time for alt season again? Looking at this simple divergence indicator (comparing the total cap to total cap minus BTC), it looks like alt season could be approaching.
Coinbase Considering adding New Coins
Coinbase announced they will consider adding Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Token, Siacoin*, SKALE Network, Synthetix, and VeChain.
Coinbase Launching Compound and Maker
Coinbase is launching compound and maker. Both are Ethereum-based cryptos and are related to lending and borrowing systems.
Grayscale’s ETHE Premium is Nearly 10x ETH’s Price
The ETHE premium is nearly 10x ETH’s price and is about 10x ETHE’s value. This means people are paying about 10 times what ETHE is worth.
Russia’s Oldest and Largest Bank Is Buying Blockchain ATMs That Can Mine Crypto
According to CoinTelegraph Russia’s oldest and largest bank, Sberbank, is buying blockchain ATMs that can mine crypto.
Bitcoin Mining Reward is Cut in Half
The Bitcoin halving occurred today. The Mining reward for Bitcoin is now cut in half from 12.5 to 6.25 BTC.
Bitcoin Nears $10k With the Halving Only Days Away
Bitcoin is nearing $10k with the halving only a few days away (estimated on May 11 2020). That is all 🙂
Bitcoin’s Block Reward is Cut in Half in Less Than a Week
The Bitcoin halving, where Bitcoin’s block reward will decrease from 12.5 to 6.25 BTC a block, is less than a week away. It will occur at block 630,000.