The popular hardware wallet provider Ledger had recently announced that it had been subject to a data breach in June and July, which had exposed the marketing and e-commerce database the company used for sending promotional emails. Based on the latest headlines, cryptocurrency funds stores in wallets are safe, as
Latest Crypto and the Market News by Crypto Frontline
Continuous dollar weakness is acting as a tailwind for cryptocurrency valuations starting the new week, with most of the large-cap tokens in green territory. After consolidating around $270B, the global market cap of cryptocurrencies is on the rise again and surpassed $300 billion, as the global reserve currency continues to
Following the March dip, the global cryptocurrency market had managed to rebound, but despite that, the broader picture is still not encouraging. The market as a whole continues to stand below the February highs, even though in the meantime we’ve had altcoins like Chainlink outperforming by a wide margin. There
Even though the main focus is still on Bitcoin, there are some other altcoins that managed to post massive gains. Chainlink is one of the best-performing cryptocurrencies in 2020 after surging from $1.8 in January to approximately $8.10 at the time of writing. Cryptocurrencies were briefly under pressure on rising
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
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
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
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
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
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
