Author: hotcrypto

Key Takeaways Cosmos and its largest decentralized exchange, Osmosis, saw positive price momentum that outpaced the rest of the market today. Cosmos, like Polkadot, is a base layer that connects multiple independent blockchains. Osmosis has reached all-time highs for total value locked and near all-time highs for total volume. Share this article The tokens for both Cosmos and its most prominent decentralized exchange, Osmosis, are up today while much of the rest of the cryptocurrency market is either flat or down. Positive MomentumThe cryptocurrency markets have seen some strong performers despite an overall rough day. Cosmos’ ATOM token is up approximately 7%…

Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cyber security, recently announced the expansion of their business in the NFT (non-fungible token) custody area. In the recent months since the NFT space expanded exponentially, a number of cases related to damaged assets emerged when using marketplaces dedicated to NFTs. Among these, pirated and forged artworks take up a large percentage of the associated damage. As an example, in September 2021, pirated NFTs falsely claiming to be related to the famous British artist Banksy were sold for about $400…

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication: GAINERS Algorand (CRYPTO: ALGO) rose 9.01% to $1.82 over the past 24 hours. Algorand’s current trading volume totals $453.77 million, a 2.29% increase from its 100-day average volume. $ALGO’s estimated market cap is $11,607,043,751.00 as of today.Circulating Supply: 6,374,207,006.63Max Supply: 10,000,000,000.00 Osmosis (CRYPTO: OSMO) is up 8.39% at $7.39. Osmosis’s current trading volume totals $62.04 million, a 180.05% increase from its 100-day average volume. $OSMO’s estimated market cap is $1,941,275,784.00 as of today.Circulating Supply: 262,738,342.00Max Supply: 1,000,000,000.00 Olympus…

Dogecoin (CRYPTO: DOGE) enthusiasts who hoped to go interplanetary one day won’t be able to spend or trade the cryptocurrency on Mars due to synchronization issues, according to Tesla, Inc (NASDAQ:TSLA) CEO Elon Musk. The cryptocurrency gained a lot of new utility here on Earth in 2021, however, and if Dogecoin continues to be adopted as payment for goods and services in the year ahead, its price could be bolstered as a result. Dogecoin is currently bogged down by the price of apex cryptocurrency Bitcoin (CRYPTO: BTC), which Dogecoin tends to trade in tandem with. On Monday, Bitcoin was trading down almost…

The new year didn’t ring well for the Algorand community, as the decentralized trading platform Tinyman built on the network was subject to an attack on 1 January, 2022. This followed a year of heightened theft that saw over $10 billion being lost to DeFi scams and hacks. In a new blog post, Tinyman has now detailed the fateful exploit that cost the DeFi platform an estimated $3 million. The attacker was able to exploit some vulnerabilities in the network’s smart contracts that provided unauthorized access to pools from which they could extract tokens. 1- As many of you are…

What happened Today is the first official trading day for stocks, but the third official trading day for cryptocurrencies in 2022. Most top tokens have seen heightened volatility to start the year, as investors place their bets on which tokens could outperform this year. Most mega-cap cryptocurrency tokens are down today, with Ethereum (CRYPTO:ETH) trading 2.3% lower over the past 24 hours, as of 12:30 p.m. ET. Out of the top 20 cryptocurrencies, Chainlink (CRYPTO:LINK) is one of only four tokens that have made a positive move over this same time frame. This token appreciated 3.5% over the past 24 hours. Investors in…

According to data compiled by CryptoRank and Santiment, Cardano was the most developed crypto project on GitHub in 2021, with over 140,000 events. Rounding out the top three were Kusama and Polkadot at second and third places, respectively, with roughly the same number of events over the year. Cardano beat Ethereum’s development activity by a wide margin, with the latter coming in fourth place. Santiment defines a GitHub event as either creating an issue, creating a pull request, commenting on an issue or pull request, or forking/starring/watching a code repository, among others. The Most Developed Cryptos on @Github in 2021 According to…

Key facts: The CoinPayments platform allows transactions to those who want to pay with cryptocurrencies. The store will accept bitcoin, bitcoin cash, and litecoin as a payment method. A Colombian chain of stores dedicated to aromatherapy, decided to embark on the Bitcoin (BTC) economy. This week, it announced that it began accepting cryptocurrencies as a payment method for its different items, even offering discounts to those who cancel in this way. In a press release, the company, called Olfabrand, based in Bogotá, Colombia, and which sells scent diffusers and other related products, indicated that the type of payment it began…

Ethereum’s two-day recovery made way for Tron’s jump from its immediate demand zone. Further, Terra formed a reversal pattern on its 4-hour chart after displaying a slight bullish edge. Meanwhile, Binance Coin was rangebound and flashed low volatility signs. But all the above cryptos struggled to gather more volumes to commit to a convincing trend. Binance Coin (BNB) TradingView, BNB/USDT BNB persistently marked lower peaks after poking its six-month high on 7 November. The bulls, however,  ensured the crucial 512-mark for over nine weeks now. Since 11 December, the alt has found an oscillating range between $569 and the aforementioned…

Bitcoin and EthereumNurPhoto / Getty ImagesWilfred Daye, an ex-Wall Street trader, has led crypto firms including OkCoin and Enigma Securities. Daye, now head of Securitize Capital, recently shared with Insider his crypto outlook for 2022.  He touched on price predictions for major assets and top trends to watch in the year ahead.  After a blockbuster year of breakneck growth in crypto, investors are eager to see what 2022 has in store for the still-nascent industry.Bitcoin (BTC) notched a 60% gain in 2021, trouncing major risk assets including the S&P 500, which was up 27% on the year. The largest cryptocurrency…