New Ethereum Tokens Poised to Reach All 430,000,000 Monthly Users on Reddit – But There’s a Catch

New Ethereum Tokens Poised to Reach All 430,000,000 Monthly Users on Reddit – But There’s a Catch

Reddit is planning to roll out its Ethereum-powered community points token on all of its subreddits, making it available to 430 million monthly users. But to make it happen, the team at Reddit needs a scaling solution that supports a massive number of transactions per…

XRP Utility Fork Launching in December – Here’s How Crypto Investors Can Receive Spark Tokens

XRP Utility Fork Launching in December – Here’s How Crypto Investors Can Receive Spark Tokens

Ripple-backed blockchain firm Flare Networks says it plans to distribute its new token, Spark, based on a snapshot of XRP Ledger it will take in December. XRP investors, with the exception of Ripple, will be able to claim one free Spark token for each XRP…

$YFI Creator Wants To Cap the Token’s Supply

$YFI Creator Wants To Cap the Token’s Supply

In brief Yearn.finance’s creator, Andre Cronje, today proposed a measure to prevent new YFI tokens from being minted. The online community seems to be in agreement, with 99.97% voting in favor of the proposal. YFI’s price has exploded this year, peaking at $41,210. Yearn.finance’s creator,…

Ethereum's 12% plunge batters DeFi tokens

Ethereum's 12% plunge batters DeFi tokens

Traders were aware of the risks of investing in DeFi, or decentralized finance, this summer’s money printing bonanza that made people rich from so-called “yield farming,” where investors in non-custodial lending protocols and liquidity pools earned extra tokens, netting annual yields of more than 1000%….