Altcoin News by Thebittimes.Com

The crypto currency market cap grew to $1.5 trillion in November as blockchain protocols and digital assets experienced a massive influx of capital. During November, crypto price s saw a significant uptick amid market-wide bullish sentiment among participants, with tokens in the top 30 by market cap leading gains within 30 days.  Avalanche (AVAX), a layer-1 blockchain, led price gains with a massive 88% increase on the back of institutional interest, according to 21Shares. JPMorgan and Apollo Global tapped an Avalanche subnet for an on-chain portfolio management tool included in Project Guardian, a proof-of-concept initiative spearheaded by the Monetary Authority of Singapore. Once hailed as a so-called “Ethereum killer”, Solana’s network saw renewed on-chain activity which filtered into the SOL ecosystem. The token rallied some 63% and trading on Solana-native decentralized exchanges (DEX) hit an all-time high of $7.3 billion. Users likely flocked to Solana for its cheap transac...

A researcher who found evidence of data harvesting inside Ledger Live has revealed equally disturbing harvesters inside MetaMask and Avalanche browser extensions. MetaMask , the world’s most popular Crypto wallet, uses a single pixel (‘1X1’) iFrame to embed trackers into its browser extension . The Ethereum- and ConsenSys-backed extension contains a data harvesting ‘analytics_iFrame’ within its code. For context, the iFrame is an old trick by web marketers. Publishers would secretly serve ad code inside an iFrame displayed as one, invisibly small pixel — tolling untold profits through invisible ad impressions . Due to years of iFrame abuse, many web browsers and advertising platforms ban iFrames altogether. Many browsers and advertising platforms ban iFrames — but MetaMask still uses them. However, MetaMask still uses an invisible iFrame — perhaps hoping that no one would have thought to look through its outdated bits of CSS code. The iF...

Trader Joe says its "Liquidity Book" will mitigate the impermanent loss "suffered by so many liquidity providers on other DEXs" during times of market turbulence. Avalanche-based decentralized finance (DeFi) protocol Trader Joe claims it may have found a way to mitigate one of DeFi’s biggest weaknesses — impermanent loss.  In a newly released whitepaper on Aug. 23 called the JOE v2 Liquidity Book, authored by Quant developers and researchers Adam Sturges, “TraderWaWa”, “Hanzo” and software engineer “Louis MeMyself”, the developers outlined the use of Liquidity Book (LB) with an additional variable fee swap feature to "provide traders with zero or low slippage trades." /4 Impermanent Loss One of the most critical issues of Uniswap V3 is that impermanent loss often exceeds swap fees. A study effectuated by the @Bancor team showed that 50% of Uniswap V3 LPs lose money. Liquidity Book solves this problem by introducing variable swap fees. — The DeFi Invest...