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Cake DeFi: A One-Stop Shop for Generating Yield


Cake DeFi, a platform that allows users to generate cash flow through pooled masternode staking and options lending, has created a platform with a clean user interface that allows anyone from the novice to the time-starved investor, to start earning interest on their cryptocurrency with a couple...

Bitcoin News Roundup for July 29, 2020


With the battle for CBDC dominance in the East heating up and smart contract use skyrocketing as Ethereum turns five, CoinDesk's Markets Daily is back with another news roundup

Key Insights Behind the Recent Bitcoin & Ethereum Run-Up


Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading The post Key Insights Behind the Recent Bitcoin & Ethereum Run-Up appeared first on CoinMarketCap Blog

Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia


During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....

Coinbase Sees More Institutional Investors Buying Bitcoin in H1


Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...

Swiss Exchange SIX Lists Actively Managed Bitcoin Exchange-Traded Product


Switzerland’s principal stock exchange SIX Swiss Exchange is listing a new bitcoin exchange-traded product (ETP). The BTCA index, otherwise known as the “Bitcoin Capital Active ETP (BTCA),” is different from other crypto ETPs exchanged on SIX because it’s an “actively...

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria


Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach


Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto...

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