Major crypto exchange Binance will launch its first crypto lending product on Aug. 28, 2019. According to an official announcement on Aug. 26, holders of Binance Coin (BNB), Ethereum Classic (ETC) and Tether (USDT) will be able to lend their assets and earn interest through Binance’s new service called Binance Lending. The services will be available for subscription from Aug. 28 till Aug. 29, Binance noted in the announcement. Lending products will have an initial 14-day period. BNB will have the highest annualized interest rate of 15% while the rates for USDT and ETC amount to 10% and 7%, respectively. …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Facebook’s Libra continues to face resistance as central banks, regulators and governments have not been supportive of the project. Due to this, a few early backers of Libra are considering withdrawing from the project to avoid unwanted scrutiny of their existing businesses. Bank of England Governor Mark Carney has said that a digital …

Ethereum Classic (ETC) price has surged 40% this week on several bullish news stories, according to data from Coin360. Over the past seven days, ETC price has climbed from around $5.50 to roughly $7.30 by press time. It now sits in the number sixteen spot by market capitalization between Chainlink (LINK) and DASH. Ethereum Classic 7-day price chart. Source: Coin360 Here are some news stories that have likely turned traders bullish, at least for the time being. Atlantis Fork next month The Ethereum Classic so-called Atlantis Fork is scheduled for next month. It is expected to occur on Sept. 13, …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Only a handful of hedge funds have invested large sums of money in the crypto universe. Digital Currency Group, likely the largest, has invested in over 130 crypto-related projects with an average seed round size of $3.24 million. Its subsidiary, Grayscale Investments, which invests directly in cryptocurrencies and digital assets, had $2.7 billion …

With Bitcoin regaining market dominance of over two-thirds of the entire combined cryptocurrency capitalization, discussions regarding market share of prominent altcoins have largely left the dominant cryptocurrency discourse. Here is a different outlook on the market and on how the top cryptocurrencies stack up with the rest. Market dominance flows from alts to BTC since 2018 Market dominance between the top cryptocurrencies by market capitalization has changed over the last year. As of Aug. 19, 2018, as seen in the chart below, the three largest coins comprised 71.95% of the combined cryptocurrency market — an 8% difference to the figures …

Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name. In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote: “Opinion: Many #cryptocurrency in the top market cap would be absolutely #Rekt by #EthereumClassic if we removed #Ethereum from the brand. I know we are original Ethereum project, but maybe this can be water cooler chatter at summit eh?” Classic X As Cointelegraph has previously reported, Lohja’s reminder that Ethereum Classic is the original Ethereum project …

Ethereum Classic (ETC) Labs incubator today officially announced Studio, its new program to support the launch of new projects on Ethereum Classic. ETC Labs Studio to support firms seeking to launch projects and crowdsales on ETC According to an official blog post from Aug. 8, the ETC Labs Studio will now support companies that seek technical and marketing expertise for new projects and crowdsales. The new program intends to share technical expertise to promote building and implementation of decentralized applications and crowdsales, as well as provide guidance on project launch and marketing tools for businesses and startups that want to …

Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network. On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on the Ethereum Classic blockchain. According to the announcement, the first Cohort of Ethereum Classic Labs Accelerate was formed during Q1 2019 while the second is expected to be announced in Q3. Ethereum Classic Labs noted that Accelerate targets two cohorts per year, with each …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. There is a sea of red as most of the top 20 currencies are showing negative returns for the week. This shows that the market is in a bear grip. The total market capitalization has dipped from over $385 billion on June 27 to just over $262 billion at press time. Though Bitcoin …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The current hot debate is whether bitcoin will continue to rally while altcoins languish. Many have been outspoken in support of the largest cryptocurrency as it maintains its market dominance above 62%. Though bitcoin is the undisputed leader, it is unlikely that it will remain the only cryptocurrency that will see a sharp …

On June 19, the Ethereum Classic (ETC) community announced that the Atlantis hard fork is now in its testing stage. As Cointelegraph previously reported, the update is scheduled for September and will take place on the block 8.75 million. Also, as Cointelegraph reported, ETC Labs, which actively contributed to the Atlantis project, has recently launched an Ether (ETH)/ETC interoperability tool as part of the Metronome Validator Network software. This move brings transparency on certain aspects of the upcoming upgrade. ETC itself was introduced after the DAO attack back in 2016, when 3.6 million ETH had been stolen within the first …

San Francisco-based incubator for the blockchain Ethereum Classic (ETC), ETC Labs, has announced that it will create a solution for Ethereum (ETH)/ETC interoperability in a collaboration with Metronome, in an official blog post on June 27. Per the announcement, blockchain interoperability—also referred to as “chainhopping”—is a property of a blockchain asset meaning that it can be transferred between separate blockchains. In this case, the cryptocurrency Metronome (MET) will be transferable between the ETH and ETC blockchains. The ETH and ETC blockchains initially split in the summer of 2016 after a contentious vote to return money lost when The DAO collapsed …