Coronavirus pushes Bitcoin-friendly Japan to begin “Digital Yen” trials

The East Asian superpowers are battling it out, this time with blockchain and digital currencies as a focus.
The post Coronavirus pushes Bitcoin-friendly Japan to begin “Digital Yen” trials appeared first on CryptoSlate. …

Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14%

The recent infatuation for most in the cryptocurrency market is with DeFi tokens and staking, with the sectors seeing strong growth in both technology and price values since the past month.
The post Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14% appeared first on CryptoSlate. …

Singapore’s Huobi launches Chainlink (LINK) node, aims to bolster the DeFi market

Huobi, one of the world’s largest crypto exchanges by market cap, is now running a Chainlink (LINK) node on its Wallet service, the firms announced in a release Thursday.
The post Singapore’s Huobi launches Chainlink (LINK) node, aims to bolster the DeFi market appeared first on CryptoSlate. …

Charles Hoskinson: Cardano’s code is the “highest quality” seen in the crypto space

It has been an exciting week for Cardano, with the ongoing rollout of the Shelly public mainnet electrifying the ADA community and sending the token’s price rocketing higher.
The post Charles Hoskinson: Cardano’s code is the “highest quality” seen in the crypto space appeared first on CryptoSlate. …

Compound users now supplying over $1 billion in ETH assets; COMP a top-25 altcoin

Compound’s meteoric rise in the crypto-space is coupled with the rise of DeFi tokens and retail traders chasing the next “moonshot.” COMP, Compound’s native token, rose over 600 percent from a listing price of $61 to over $350 on June 21, before steadily falling to its current $195 level.
The post Compound users now supplying over $1 billion in ETH assets; COMP a top-25 altcoin appeared first on CryptoSlate. …

“Don’t even think” crypto will be immune to a derivative crisis: Bitcoin whale

Prior to the pandemic, it was a common narrative in crypto space that Bitcoin was immune to any macroeconomic and geopolitical issues.
The post “Don’t even think” crypto will be immune to a derivative crisis: Bitcoin whale appeared first on CryptoSlate. …