Altcoin

The Tron Foundation has requested a New York federal judge dismiss a class action lawsuit alleging securities violations through Tron’s 2017 initial coin offering, describing the claims as “fatally flawed.” The Chinese blockchain developer filed a motion to dismiss on Dec. 15, asserting that the case has “no connection” to New York. The foundation also
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Major decentralized finance (DeFi) tokens Yearn.finance (YFI), AAVE and Compound (COMP) plunged steeply in the last 24 hours. The three DeFi tokens, which are valued well over $500 million, declined by over 10% on the day. Yearn.finance, AAVE, COMP 15-minute chart (Binance). Source: TradingView.com Three reasons why DeFi-related cryptocurrencies pulled back particularly hard are low volume,
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In an exclusive interview with Cointelegraph, Pomp reaffirmed the Bitcoin price prediction he made back in 2019. “It’s going to be pretty aggressive. I am pretty confident in Bitcoin to $100K by the end of 2021.” Together with favorable macroeconomic conditions, Pompliano sees the after-halving effect as one of the main catalysts that could drive
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