The crypto rewards platform has seen tremendous growth over the past three months. Celsius, a centralized cryptocurrency lending platform, claims to have paid out over $250 million in rewards to its 415,000 users, underscoring the rapid growth of blockchain lending protocols.  Celsius announced the milestone in a Monday press release, which highlighted the company’s significant growth over the past two years. “Celsius remains one of the fastest-growing companies in finance as it achieves new milestones week-over-week,” the company said. Unlike DeFi protocols, Celsius offers a centralized alternative […]

The total volume on the crypto exchange has fallen 4.9% in the last 24 hours. London-based cryptocurrency exchange EXMO suffered a distributed denial-of-service attack earlier today, causing the platform’s servers to become unavailable. In a tweet earlier today, EXMO reported that hackers had targeted the exchange with $75 million in trading volume in a distributed denial-of-service, or DDoS, attack. These cyberattacks typically overload a system with numerous requests from multiple virus-infected servers. Important: DDoS attack on EXMO ❗️Please note the EXMO exchange website is now under the […]

“I don’t have Bitcoin, and I’ll never ask you to send me any,” said Joe Biden. In recognition of Presidents’ Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain. One of the earliest presidential adopters, Bill Clinton reportedly received his first Bitcoin (BTC) in 2016 — more than fifteen years after his two terms in office. Though the Democratic U.S. President accepted the crypto asset gift from venture capitalist Matthew Roszak, seemingly with a […]

Uniswap’s all-time trade volume reached $101.5 billion on Monday, according to data from Dune Analytics. Uniswap’s decentralized exchange reached a major milestone on Monday, as cumulative trade volumes surpassed $100 billion in the wake of the DeFi boom.  Hayden Adams, Uniswap’s CEO, tweeted Monday that his platform became the first decentralized exchange to process over $100 billion in transactions. Using data from Dune Analytics, Adams shows cumulative volumes of $101.5 billion as of Feb. 15. The chart highlights Uniswap’s dramatic growth since mid-2020 when the first DeFi […]

Both on-chain and trading metrics indicate Ether dips are meant for buying as ETH eyes $2,000. In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety regarding CME’s ETH futures launch on Feb. 8 seems to have faded, sustained excessive transaction fees might have undermined investors’ confidence. Nevertheless, the fundamentals behind Ethereum remain solid, indicating ETH price should […]

The first Ethereum 2.0 hard fork is aimed to be a general test before introducing deeper changes. Ethereum co-founder Vitalik Buterin published a plan on Monday for the first hard fork of the new Ethereum 2.0 beacon chain, tentatively named HF1. The hard fork would allow the developers to introduce several key upgrades to the recently-launched beacon chain, which would also serve as a useful test for deeper changes in the future. The biggest practical change is the support for light clients — Nodes that would have […]