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Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline

Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During this downtime, crypto traders that are new to markets.Bitcoin.com got a glimpse of what the platform has to offer. Markets.Bitcoin.com matches CMC on most metrics including professional Tradingview charts and Into the Block onchain data. Not only can you keep up to date with the top digital currency market caps, but there’s always a plethora of reliable crypto…

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Analysis: Most DeFi Tokens Are Concentrated In Hands of Top 500 Holders

A new analysis suggests the token supplies for most DeFi projects are not widely distributed, with up to 99% held by the top 500 addresses. Token supplies for most decentralized finance (DeFi) projects are not widely distributed according to an analysis by the co-founder of DeFi Italy and Head of CryptoLab’s Digital Assets Investments Simone Conti.He compiled data from Defi Pulse and Etherscan that suggests that 90% of tokens for almost all DeFi projects are held by the top 500 addresses. For three of the projects, that figure rises to 99%.According to a graphic shared by Conti, Compound is the…

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