Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform. Compound price on January 20th is $218.20 USD with a 24-hour trading volume of $218,568,181 USD. Compound was down 3.68% …

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. On January 14th, 2021, Curve DAO Token price was $0.688297 USD with a 24-hour trading volume of $47,691,036 USD. What Is Curve? Curve, or CRV is a decentralized exchange for stablecoins. To manage liquidity, they use…

The University of Cambridge found that the number of cryptoasset users worldwide has exceeded 101 million — this was unveiled in their 3rd Global Cryptoasset Benchmarking Study that collated date from entities operating in four main segments of the industry: exchange, payments, custody and mining. The growth for crypto The number above is almost…

A Beginner’s Guide DeFi supporters have warmed up to the farming metaphor and memed into existence “yield farmers” — the weapon of choice for folks who measure yield as the amount of interest that’s grown atop underlying crypto assets when they’re in use in DeFi platforms like Compound. Even if you are new…

Mt. Gox, a bitcoin exchange based in Shibuya, Tokyo, Japan. By 2013 and into 2014 it was handling over 70% of all bitcoin (BTC) transactions worldwide and went bankrupt in 2004 due to an exchange hack. The disappearance of $460 million, apparently stolen by hackers, and another $27.4 million missing…

Robert Farkas, also known as “RJ,” the founder of cryptocurrency firm Centra Tech was accused of conspiring to commit securities and wire fraud and ordered a sentence between 70 to 87 months and a fine of up to $250,000. Representatives of Centra Tech, a crypto project that at one time…

Compound is the latest means in the line of decentralized finance. There are a number of reasons for its increased demand and factors that need to be taken into consideration — is it a new bubble, or is it a force to be reckoned with? Maker, the leader of decentralized…

This one has the dubious honor of being the first ever criminal fraud case in the U.S. involving cryptocurrency — Trendon Shavers was sent to jail for sixteen month in addition to having to pay $1.23m in restitution. …

Scams are all too common in the cryptocurrency world — in addition to the monetary losses sustained by affected individuals, scams paint a negative picture of the industry and may scare off potential participants as well. However, in the case of one notable 2019 scam, the consequences may go beyond…