Crypto.com Enables ‘Soft Staking’ for Dai (DAI) Stablecoin

Hong Kong-based cryptocurrency payment platform Crypto.com has added support for the stablecoin Dai (DAI) to join its Soft Staking program. The addition enables users to earn dividends or interest on their DAI holdings just for depositing and holding the token on…

Some ICOs Funded Useful Research Despite Being Unethical

Adam Back recently took to Twitter with controversial comments on many of the industry’s largest crypto projects — including Ethereum (ETH), Cardano (ADA), Ripple (XRP), and Stellar (XML). His tweets placed these projects in the same category as a number…

Instagram crypto scams have risen this year

A new wave of scam artists are running amuck on Instagram, harming legitimate crypto influencers Since the beginning of 2020, there have been over 1.3 million posts featuring “#Coinbase” hashtags on Instagram, many of which were created by crypto scams…

Bittrex and Poloniex Move for Summary Judgment in Market Manipulation Case

Attorneys representing cryptocurrency exchanges Bittrex and Poloniex notified Judge Failla of the Southern District of New York Friday of their intention to move for summary judgment in a class action case that alleges they, along with Tether and Bitfinex, were…

Monero’s Hashrate Experienced Its Largest Single Day Gains Ever

Monero has experienced its biggest single day gain in hashrate since its creation back in 2014. August 6, Monero (XMR) has experienced its biggest increase in hashrate since the network’s creation in 2014. Monero hashrate. Source: Coin Metrics. The Monero…

Bitcoin Plunges Under Pivotal $11.5k Support: What Do Analysts Think Is Next?

Bitcoin is slipping lower after peaking at $11,950 just the other day. This marked the second major rejection at the pivotal $12,000 level in the span of a week. As of the time of this article’s writing, BTC is trading…