Crypto Frontline

Latest Crypto and the Market News by Crypto Frontline

    ETH and Altcoins Worth $500k Stolen from DeFi App

ETH and Altcoins Worth $500k Stolen from DeFi App

The past few months had been beneficial for Ethereum’s decentralized finance ecosystem, with over $1.5 billion locked in DeFi applications. Apps like Compound, Maker, or Synthetix are trending right now, but a recent even exposes vulnerabilities, which might turn into a setback for a trend that had supported Ether in

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    Cryptocurrencies Under Pressure As COVID-19 Fears Rise

Cryptocurrencies Under Pressure As COVID-19 Fears Rise

Following a promising start of the week, most cryptocurrencies resumed the downside impulsively, as the fears surrounding the COVID-19 pandemic are rising once again. The reopening of economies all around the world is facilitating the spread of the virus and the total number of discovered cases is close to 10

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    Ethereum 2.0 Implementation Expected to Have Consequences

Ethereum 2.0 Implementation Expected to Have Consequences

The Ethereum blockchain is poised for another series of updates, following Constantinople and St. Petersburg, and this time it is the massive Ethereum 2.0 update that will take the spotlight. The first stage of this new phase is almost here, but since the changes are significant, numerous consequences will arise

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    Cryptocurrencies Steady on the Upside After the FOMC Meeting

Cryptocurrencies Steady on the Upside After the FOMC Meeting

On June 10th, the US Federal Reserve ended its two-day meeting, and several announcements released last night had been bursting cryptocurrency valuations higher. Following the fake breakout above $10,000 Bitcoin continues to be heading north while the rest of the altcoins had also been consolidating at higher levels, communicating there

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    Ledger Wallet Users Now Have Access to DEX

Ledger Wallet Users Now Have Access to DEX

A new piece of good news emerged for users of the Ledger hardware wallets, which can now connect their wallet devices to DEX, or the DeversiFi decentralized exchange. Well-known for their increased security, hardware wallets continue to be attractive for cryptocurrency investors wanting to store their tokens safely, without having

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    Goldman Sachs Still Not Impressed by Cryptocurrencies

Goldman Sachs Still Not Impressed by Cryptocurrencies

One of the largest investment banks on Wall Street continues to be skeptical when it comes to cryptocurrencies, according to a slide deck released by the bank’s consumer and investment management division on Wednesday. Although the presentation was mainly focused on examining the impact of the COVID-19 pandemic, an important

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    Hopes Attached to Second-Generation Stablecoins

Hopes Attached to Second-Generation Stablecoins

The past two years had seen cryptocurrencies transition to a whole new different phase, but despite that, the decentralized token economy of the future seems to be far away in the future, mainly because the current market structure is not designed to reach the masses. The lack of real adoption

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    John McAfee Will Launch a Private Crypto on May 25th

John McAfee Will Launch a Private Crypto on May 25th

John McAfee, the controversial figure from the crypto industry, is poised to launch a new token later this month, in its quest to provide a new alternative when it comes to privacy cryptocurrencies. He’s well known for a series of claims that had proved to be wrong along the way.

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    Crypto Market Cap Surges $40B on COVID-19 Drug News

Crypto Market Cap Surges $40B on COVID-19 Drug News

The cryptocurrency market went parabolic on April 29th, 2020, after the risk sentiment across the global financial markets surged on the upside. The market cap jumped impulsively, showing investors were rushing into crypto as their appetite for risk increased. Without any other major news, it is the report related to

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    Checkout.com Joins the Libra Association

Checkout.com Joins the Libra Association

The digital currency initiative launched by Facebook last year had been under regulatory pressure and as a result, several companies had pulled out of the Libra Association. We’ve written how the project lost key financial companies like Visa, Mastercard, and Stripe, but a glimpse of good news had shown on

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