Altcoins

 After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx  resumed normal services at 8:00 am UTC on Nov. 26. Having announced the re-opening last week, OKEx then indicated it would be launching a compensation and rewards program to express its gratitude to customers for holding out during the disruption.  These programs include commission rebate cards denominated in
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Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero. In a Nov. 20 blog from CipherTrace, the firm stated that the patents would include forensic tools to explore Monero (XMR) transaction flows to assist in financial investigations, statistical and probabilistic methods
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Ether (ETH) returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance. Cryptocurrency market overview from Coin360. Ether price sees $500 after more than 2 years Data from Cointelegraph Markets, Coin360 and TradingView showed ETH/USD briefly hitting the psychologically significant barrier
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Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov. 18. The occasion was marked by the implementation of the Canopy upgrade, which establishes a development fund for the platform and removes the controversial “Founders Reward.” The halving and upgrade occurred at block 1,046,400, just over four years after Zcash was first mined in
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Despite a pull back from the meteoric bull market for decentralized finance, the average DeFi token return has vastly outperformed Bitcoin and Ethereum. The median performance is a different story however. On Nov. 17, pseudonymous crypto analyst ‘Ceteris Paribus’ shared data with his 12,000 followers compiling the YTD median and average performances of 40 top
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Malta-based virtual assistant firm Vaiot has integrated IBM’s Watson Assistant with the Cosmos blockchain to sell car insurance. The new platform features an end-to-end sales process that does not require human assistance to complete the car insurance contracts. The mobile app interacts with customers via voice or text, initially asking a series of questions to
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Cryptocurrency exchange ShapeShift recently delisted three privacy coins: Dash, Zcash (ZEC) and Monero (XMR). This was an unexpected move to say the least, given the exchange’s historic commitment to privacy. As a noncustodial platform, Shapeshift did not impose user identification requirements on traders in its early days, although this began to change with the gradual introduction of
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While many decentralized finance (DeFi) tokens suffered heavy losses last month — prompting hastily written obituaries about the DeFi “bubble” — metrics measuring user activity saw sustained sector-wide growth. According to crypto market data aggregator Dune Analytics, the total number of unique DeFi user-addresses is around 860,000, an increase of roughly 10 times over the
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bulls keep running as Bitcoin notches a new 2020 high
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