Altcoins

Altcoins are known as “alternative currencies,” this means cryptocurrencies that aren’t Bitcoin itself. The most popular altcoins on the market are Ethereum’s ether, XRP, litecoin, bitcoin cash, TRON’s TRX, EOS, and more.

While some altcoins are widely adopted and have a large number of use cases, others are seen as worthless. The most popular ones are relatively liquid and have specific use cases, while others may have crated use cases or security flaws.

On this page you’ll find the latest altcoin-related news and developments.

Ethereum Token Powered VR Platform Signs Deal With Superstar DJ

On Tuesday (September 29), Sensorium Corporation, the company behind social VR platform Sensorium Galaxy, which is backed by Jay-Z’s music streaming service TIDAL, announced that it had signed a deal with French DJ and music producer David Guetta. Sensorium Corporation, which was founded by Forbes-listed Russian billionaire Mikhail Prokhorovin in 2018, is “a technology company […]

You Can Now Earn Passive Income From Your Cosmos (ATOM) Holdings on Coinbase

Crypto exchange Coinbase has announced that it now offers staking support for a second Proof-of-Stake (PoS) blockchain. On 6 November 2019, Coinbase announced staking support for PoS blockchain Tezos (XTZ). The idea was that eligible U.S. customers would be able to earn around 5% APY from staking rewards simply by keeping their XTZ holdings on […]

Waves Exchange Launches ‘Decentralized Forex’ Market Using Stablecoins

Cryptocurrency exchange Waves Exchange has announced the launch of a ‘decentralized forex’ market within its platform powered by stablecoins pegged to various fiat currencies. According to a press release shared with CryptoGlobe, Waves Exchange will initially support seven stablecoins pegged to the value of fiat currencies: USDN, EURN, JPYN, CNYN, RUBN, UAHN and NGNN. The […]

KuCoin Hacker Starts Moving Millions in ERC-20 Tokens, XRP to Cash Out

The hacker who stole hundreds of millions of dollars’ worth of cryptassets form Singapore-based crypto exchange KuCoin have started moving millions in ERC-20 tokens and XRP to cash out using various methods. Data from the Ethereum blockchain, spotted by Whale Alert, shows that the hacker, who managed to steal an estimated over $200 million from […]

Uniswap becomes first DeFi Protocol With over $2 Billion in total value locked

Decentralized cryptocurrency exchange Uniswap has become the first decentralized finance (DeFi) protocol to surpass $2 billion in total value locked as users take advantage of the ongoing yield farming trend. Uniswap is a decentralized exchange that uses an automated market maker (AMM) model instead of the traditional order books. Users provide liquidity to Uniswap and […]

Swipe’s SXP Token Jumps Over 25% Ahead of Swipe Governance Mainnet Deployment

The price of Swipe’s SXP token has jumped well over 25%, from $1.29 to $1.65 at press time, after Swipe Governance’s (SG) smart contracts were successfully audited by CertiK and SG’s mainnet deployment started being prepared. According to an announcement posted on Twitter, Swipe Governance’s smart contracts were successfully audited by CertiK, and Swipe Governance’s […]

Top Technical Analyst Predicts Bitcoin to $11,400, Recommends Two Altcoins

Popular crypto analyst and technical trader Michaël van de Poppe recommended investors follow altcoins CRV and SXP while predicting bitcoin could make a move to $11,400.

Bitcoin and Ether Trading Higher Now Than Before the Attack on KuCoin

On Monday (September 28), the top two cryptoasets by market cap, perhaps rather surprisingly, are trading higher than they were were before the one of the most significant attacks ever on a crypto exchange. Over the weekend, around 02:51 UTC+8 on September 26 (or 18:51 UTC on September 25) to be more specific, Singapore-based crypto […]

Head of Crypto at Visa Explains How Automated Market Makers Such As Uniswap Work

On Sunday (September 27), Cuy Sheffield, a Senior Director at Visa and the head of its crypto division, explained in layman terms how decentralized automated market makers (AMMs)―such as Uniswap, Balancer, and Curve―work. On August 6, the research arm of Asia-based crypto exchange Multi published a blog post that explained what AMMs are in the […]

Ripple-backed XRP Ledger Foundation Aims to Help With Adoption of XRP Ledger

On Thursday (September 24), independent and non-profit entity XRP Ledger Foundation announced that it had just launched and that its mission is “to accelerate the development and adoption of the decentralized XRP Ledger.” Here is a brief explanation of the XRP Ledger: “The XRP Ledger is “an online system for payments, powered by a community without a […]

Economist Nouriel Roubini Decides to Go After DeFi

On Thursday (September 24), American economist and well-known cryptocurrency and blockchain critic Dr. Nouriel Roubini (aka “Dr. Doom”), who calls himself an expert in asset bubbles, fired shots at decentralized finance (DeFi). Professor Roubini teaches at New York University’s Stern School of Business, and is chairman of Roubini Macro Associates LLC, an economic consultancy firm. During 2018, Roubini called blockchain “a glorified […]

Chinese State-Owned Media Tout Cryptoasset Price Performance YTD in Rare Report

In a rare and coordinated effort, Chinese state-owned media have highlighted cryptocurrencies’ performance so far this year, pointed out cryptoassets were this year’s top-performing investment. The country’s top broadcaster, China Central Television (CCTV), published a three-minute news clip this Friday highlighting cryptoassets soared by 70% so far this year, and added that “cryptocurrency has undoubtedly […]

Winklevoss Twins’ Gemini Exchange Lists Seven New DeFi Tokens

The Winklevoss twins’ cryptocurrency exchange Gemini has announced the listing of seven new decentralized finance (DeFi)-related tokens, including Uniswap’s UNI and Yearn.finance’s YFI. In an announcement, the cryptocurrency exchange revealed it’s also adding Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA). Gemini is also adding five new cryptoassets that aren’t related to DeFi: Decentraland (MANA), […]

TRON Partners With BitGo to Bring Wrapped BTC, ETH to Its Blockchain

TRON has partnered with cryptocurrency services provider BitGo to create two new tokens on its blockchain, wrapped bitcoin and wrapped ether. These new tokens will reportedly be backed 1:1 by bitcoin in the case of wrapped bitcoin and by ether in the case of wrapped ether, by funds deposited at BitGo Trust, a qualified crypto […]

Stablecoins Surpass $20 Billion in Market Cap as Demand Keeps Rising

The total value of stablecoins in the cryptocurrency space is now above $20 billion as demand for cryptocurrencies pegged 1:1 with national fiat currencies – mainly the U.S. dollar – keeps on growing. According to data from Coin Metrics, the total value of stablecoins surpassed $20 billion this Thursday, September 24, little over four months […]

Crypto ETP Trading Volumes Plunged 74% Over the Last Month

Cryptocurrency exchange-traded product (ETP) trading volumes have plunged over 74% in the last month, as the prices of these products have also been dropping. According to cryptoasset data aggregator CryptoCompare, in its newly launched The Digital Asset Management Review, exchange-traded products dropped 74% over the last month from $186.5 million in mid-August to an average […]

3 Macro Factors Behind Risk-Off Sentiment That Is Punishing Bitcoin

On Thursday (September 24), the prevailing risk-off sentiment is continuing to punish risk assets, such as stocks and Bitcoin, as investors flock to the relative safety of the U.S. dollar. Since 2 September, U.S. stocks have experienced a significant correction. Here are the one-month charts for the three major U.S. stock indexes, i.e. the Dow […]

Winklevoss Twins’ Gemini Exchange Now Allows Buying Crypto With British Pound

On Thursday (September 24), crypto asset Gemini announced that it had launched in the UK. The Winklevoss twins—Tyler and Cameron Winklevoss—are the co-founders of Gemini Trust Company, LLC (which operates the Gemini digital asset exchange) as well as family office Winklevoss Capital Management, LLC. In a blog post published earlier today,Gemini CEO Tyler Winklevoss announced that they had […]

There Are Now Over 10,000 Bitcoin ATMs Throughout the World

The number of bitcoin ATMs installed throughout the world has exceeded 10,000, and the United States continue to lead the rest of the world in crypto ATMs with 76% of machines installed. According to CoinATMRadar, the first Bitcoin ATM was installed back in 2013 and in seven years the industry grew to over 10,000 machines […]

Crypto Markets in Turmoil As They Anxiously Watch the U.S. Stock Market

After another down day (September 21) on Wall Street, which followed a three-week losing streak, it is no wonder that today many crypto traders are nervously watching the U.S. stock market for some guidance on where crypto prices are headed. Concerns over the seeming inability of lawmakers in Washington to reach consensus on another COVID-19 […]

TRON Apologizes for Erroneous Tweet Claiming Userbase Exceeds 10 Billion

The TRON Foundation has issued an apology for an erroneous tweet published over the weekend claiming the platform had more than ten billion users.

Prominent Bitfinex Trader Joe007 Says Uniswap (UNI) is Overvalued

Prominent Bitfinex trader Joe007, who is well-known for holding massive positions on the price of bitcoin, has revealed he believes Uniswap’s UNI governance token is overvalued. On social media, where Joe007 is well-known for standing up for bitcoin and Bitfinex, and for being bearish on altcoins, responded to a user who asked him about his […]

Creator of Project That Surpassed $40,000 per Token Backing New DeFi Project COVER

Yearn.Finance founder Andre Cronje is providing advisory support for the rebranding of SAFE token to COVER, a new protocol that is set to launch in November.

Crypto Travel Agency Travala Enters Chinese Travel Market

The Binance-backed cryptocurrency travel booking website Travala is reportedly expanding into the growing Chinese travel market, as the country’s tourism industry starts rebounding from the COVID-19 pandemic. According to CoinDesk, the online travel agency has launched a Chinese language website and created a regional customer support team. It’s also starting to market to travelers in […]

Tether’s Market Cap Surpasses $15 Billion After Growing by $3 Billion in a Single Month

The total market capitalization of Tether’s USDT stablecoin has grown by $3 billion in a single month, to help the stablecoin further cement its position as the number three crypto by market cap, at $15 billion. Tether celebrated the milestone on Twitter by pointing out its growth over the last 30 days and its position […]

Cardano Launches $250,000 ADA Fund to Develop Its Ecosystem

IOHK, the tech firm behind Cardano (ADA) has launched a public fund to help publish the network’s decentralization further and attract entrepreneurs to the Cardano ecosystem. In a blog post, the firm revealed the new fund, part of Project Catalyst, is set to allocate funds to pay for proposals that are approved by members of […]

Crypto Market Update: Binance Coin ($BNB), Neo ($NEO), VeChain ($VET)

This article provides an update (as of September 18) on the cryptoasset market, with a particular focus on the following digital assets: Binance Coin (BNB), Neo (NEO), and VeChain (VET). To give you a rough idea of how well the crypto market is doing today, 47 of the top 50 cryptoassets (by market cap) are […]

Ethereum Miner Revenues Hit 5-Year High Over 2,275 ETH

Ethereum miners have been seeing their revenues surge so far this month, with the one-day moving average hitting 2,275 ETH thanks to the recent airdrop of Uniswap’s UNI tokens to users who interacted with the protocol. As CryptoGlobe reported, pending transactions on the Ethereum network surged after Uniswap launched its UNI governance token, and airdropped […]

Crypto Market Update: Bitcoin ($BTC), Ether ($ETH), Chainlink ($LINK)

This article provides an update (as of September 18) on the cryptoasset market, with a particular focus on the following digital assets: Bitcoin (BTC), Ether (ETH), and Chainlink (LINK). To give you a rough idea of how well the crypto market is doing today, 43 of the top 50 cryptoassets (by market cap) are currently […]

Spanish Crypto Ponzi Scheme Freezes Accounts of 120,000 Investors

Spanish crypto Ponzi scheme Arbicorp froze the accounts of more than 120,000 investors after discovering an error in trading bot that led to overpayments.

Holders Set 1.1 Billion XRP to Participate in Upcoming Spark Token Airdrop

XRP holders have set up nearly 20,000 XRPL accounts to participate in an upcoming massive token airdrop to those who hold XRP. These accounts have a total of 1.1 billion XRP in them. According to XRP blockchain forensics firm xrplorer, a total of 19,997 accounts have set a message key to receive tokens in the […]

Ethereum’s Pending Transactions Surged After Uniswap Launches Governance token

The number of pending transactions per minute on the Ethereum network jumped shortly after leading decentralized exchange Uniswap announced the launch of its UNI token, coupled with a 400 token airdropped to those who have used the protocol. The decentralized exchange’s announcement revealed it launched the UNI governance token, with a total of one billion […]

U.S. DOJ Charges Two Over $16.8 Million Crypto Phishing Campaign

The U.S. Department of Justice (DOJ) has indicted two Russian nationals for allegedly running a near $17 million cryptocurrency phishing campaign that defrauded both crypto exchanges and their customers. According to the DOJ’s official statement both individuals, Danil Potekhin and Dimitrii Karasavidi, created numerous websites mimicking those of legitimate cryptocurrency exchanges and lured users onto […]

Cardano co-founder CEO Charles Hoskinson Slams YouTube Over Fake Channels

IOHK CEO and ethereum co-founder Charles Hoskinson slammed YouTube for failing to shut down cryptocurrency giveaway scams.

DeFi Protocol bZx Recovers $8 Million in Crypto Stolen in Third Exploit

Decentralized finance (DeFi) lending protocol bZx has revealed it managed to recover the over $8 million worth of cryptocurrency that an attacker stole from it earlier this week. On Twitter, the protocol’s official account announced it recovered the funds without providing the community with a lot of details. According to CoinDesk, a spokesperson for the […]

Popular Analyst Predicts Bitcoin Retreat to $9,000, Bullish on DeFi Project AMPL

Prominent crypto analyst Nicholas Merten predicts bitcoin’s price pulling back to $9K while saying DeFi altcoin AMPL be a top performer.

Binance’s Crypto Debit Card Launches in Europe

Leading cryptocurrency exchange Binance has launched its Binance Visa Card, a cryptocurrency debit card that lets users pay with crypto anywhere visa is accepted, to its users in the European Economic Area. According to a press release, the Binance visa Card lets users transact at over 60 million locations throughout the world, and can virtually […]

New DeFi Token Enjoys 1,100% Surge After Receiving Attention From Ethereum Creator Vitalik Buterin

The price of a new decentralized finance (DeFi) token has surged over 1,100% in a few days shortly after attracting the attention of Ethereum co-founder Vitalik Buterin, who praised its voting system. The DeFi token, Pickle Finance (PICKLE) has seen its price jump from around $5.88 on September 13 to over $75 at press time, […]

Binance Coin (BNB) Staking Goes Live on Smart Chain Network

Leading cryptocurrency exchange Binance has announced the official launch of BNB staking on the Smart Chain network.

Bitcoin and Gold Holding Steady, As Markets Wait to Hear More From the Fed

On Wednesday (September 16), traders around the world are anxiously waiting for the Federal Reserve’s two-day Federal Open Market Committee (FOMC) meeting to end (later today) so they can hear what the Fed has to say in its statement and at its press conference. What is the FOMC? The Federal Reserve (which is the central […]

India Is Reportedly Planning to Ban Cryptocurrency Trading

India is reportedly planning on introducing a new law to ban cryptocurrency trading in the country, a move that would be a blow to the rapidly growing cryptocurrency scene in the country. According to Bloomberg, the new law is expected to be discussed shortly by the federal cabinet, before being sent to the country’s parliament. […]

Regulations Will Make Demand for XRP ‘Skyrocket’, Says Crypto Analyst

Popular Twitter user and contrarian investor CryptoWhale gave their support for XRP in the event of greater market regulations, saying demand for the altcoin would skyrocket.

Bitcoin Breaks $10,650 for First Time in 10 Days

According to data from CryptoCompare, on Monday (September 14), around 13:50 UTC (or 10:50 Eastern Time) the Bitcoin price broke through the $10,650 level for the first time since September 4, helped presumably by U.S. stocks rebounding after a two-session sell-off last week. Popular Dutch crypto analyst/trader Michaël van de Poppe, offered this technical analysis of Bitcoin’s […]

DeFi Protocol bZx Loses $8 Million in Third Exploit

Decentralized finance (DeFi) lending protocol bZx has suffered a third exploit, and this time the attackers got over $8 million in cryptocurrency by duplicating assets. The exploit, according to the bZx team, allowed the attackers to use flawed code to duplicate assets or increase their balance of interest-bearing tokens on bZx, dubbed iTokens. After noticing […]

Alleged ETH Pyramid Scheme Forsage Continues to Attract Investors Despite Warnings

Ethereum-based protocol Forsage continues to gain investment despite regulators warning that the project is a Ponzi scheme.

OKEx Jumpstart’s First Mining Project: 10 Million OKB Staked in 6 Minutes

OKExs Jumpstart mining project, which allows users to stake OKB tokens 14 days ahead of the launch of a new project on Jumpstart to earn “high rewards and staking incentives,” has seen users stake $53.9 million in only six minutes on its first project. According to a press release the firm published, on September 10 […]

DeFi Exit Scam Vanishes with $20 Million two Days After Launch

A supposed new liquidity mining pool on the decentralized finance ecosystem, YFDEX.Finance (YFDEX) has allegedly pulled an exit scam, leaving with $20 million worth of investors’ funds merely two days after launch. The supposed DeFi project ran a two-day campaign heavily promoting itself on social media, even incentivizing cryptocurrency giveaways on Twitter to get more […]

Binance to Assist in Recovering Crypto Stolen From Crypto Exchange ETERBASE

Leading cryptocurrency exchange Binance is set to assist hacked crypto trading platform ETERBASE in recovering funds hackers stole from its hot wallets earlier this month. In an announcement on Twitter, where ETERBASE revealed it will continue operating despite being hacked for millions worth of cryptocurrency, it also revealed that its investigations show a “big part” […]

IRS Offering $625,000 to Anyone Who Can Crack Monero’s Privacy Network

The US Internal Revenue Service (IRS) is offering participants $625,000 in order to crack Monero’s privacy network.

Yearn Finance (YFI) Is Getting Listed on Coinbase Pro, $YFI Surges 29%

On Thursday (September 10), Coinbase announced that it is going to list two exciting decentralized finance (DeFi) tokens on Coinbase Pro, its trading platform for experienced/professional traders. These two cryptoassets are DeFi platform yearn.finance’s YFI token and exchange protocol Loopring’s LRC token. Here is how Coinbase describes YFI: “yearn.finance (YFI) is a decentralized finance (DeFi) platform […]

Dave Portnoy Missing ‘Crazy’ Crypto Community, Promises He’ll Return

Barstool Sports founder Dave Portnoy has revealed he is going to be back in the cryptocurrency space after abruptly abandoning it in the wake of a Chainlink (LINK) trade that went wrong. In a recent video of his daily Davey Day Trader stock market stream, Portnoy pointed out he has been working with internet businesses […]

EOS DeFi Project Moves Crypto Worth $2.5 Million in Apparent Exit Scam

A decentralized finance project on the EOS blockchain has moved $2.5 million worth of user funds in what appears to have been an exit scam. According to China-based auditing firm SlowMist, yield farming project Emerald Mine (EMD), based on the EOS blockchain, moved tokens supposedly locked in its smart contract to an account labeled “sji111111111.” […]

Binance Uganda to Delist Parent Company’s Own BNB Token

The East African arm of leading cryptocurrency trading platform Binance, Binance Uganda, has announced it will delist the parent company’s native token, the Binance Coin (BNB). According to an announcement published by Binance Uganda, the token will be delisted on September 17, with the exact trading pair being removed being BNB/UGX. This means traders using […]

Crypto Derivatives’ Monthly Volumes Hit New All-Time High Above $700 Billion: Report

 A total of $711.7 billion worth of cryptocurrency derivatives products were traded in August, as volumes went up 53.6% when compared to July. The figure represents a new all-time high for monthly derivatives trading volumes. According to CryptoCompare’s August 2020 Exchange Review, derivatives volumes went up over 50% in August while spot volumes increased 49.6% […]

Ethereum Transaction Fees Plummet After Hitting New All-Time High

The average fee paid to transact on the Ethereum network has plummeted this week, after it hit a new all-time high of $14.5. The average transaction fee started dropping along with the price of the cryptocurrency. According to data from BitInfoCharts, on September 2 the average transaction fee to move funds on the Ethereum network […]

Cryptocurrency Rarely Used to Launder Money Stolen From Banks: Report

Cryptocurrency are rarely used to launder funds stolen from banks and other financial institutions, while traditional methods based on fiat currencies are still popular among cybercriminal organizations. According to a report published by SWIFT, the organization behind the SWIFT international bank messaging system that nearly all banks throughout the world use, traditional methods like the […]

Bitcoin Staying Above $10K, Peter Schiff’s Son Buys More Bitcoin

On Monday (September 7), the day that Peter Schiff’s son decided to increase his BTC holdings, Bitcoin has managed to stay above the psychologically important $10,000 level (except for one 65-minute interval). All market data used in this article was taken from CryptoCompare around 20:30 UTC on 7 September 2020. To give you a rough idea of […]

Betting on DeFi? Crypto Insurance Products May be Worth Looking into

The decentralized finance (DeFi) space has been steadily growing, going form less than $500 million worth of cryptocurrencies locked a year ago to over $9 billion at press time. Data shows that the space’s exponential growth took off after DeFi lending protocol Compound started distributing its COMP governance token. A yield farming trend was started […]

Top-Tier Cryptocurrency Exchanges Dominated Trading Volumes in August: Report

Last month, Top-Tier cryptocurrency exchanges have seen their trading volumes soar by 58.3%, while Lower-Tier crypto trading platforms saw their volumes increase 30.2% over the same period. Top-Tier trading platforms now represent 64% of the crypto space’s total trading volume. The data comes from CryptoCompare’s August 2020 Exchange Review, with exchange rankings coming from CryptoCompare’s […]

FTX CEO Takes Over SushiSwap Following Master Chef’s $10M+ Cash Out

FTX CEO Sam Bankman-Fried announced he had taken over SushiSwap after the sudden and controversial cash-out by former founder Chef Nomi.