Latest CoinGecko News

  • DeFi market cap hits $8 billion
    DeFi market cap hits $8 billion
    Decentralized finance momentum isn’t slowing down, with CoinGecko showing yet another major milestone smashed today.
  • SOL Jumps Almost 40% as FTX Announces Solana-Based Project
    SOL Jumps Almost 40% as FTX Announces Solana-Based Project
    Solana (SOL) has rallied in double digits today following the news that its blockchain has been used as a basis for a new ecosystem project. At pixel time (13:19 UTC), SOL, ranked 150th by market capitalization on Coingecko, trades at around USD 2 and is up by almost 40% in a day and 118% in a week.
  • CoinGecko: Bitcoin exchanges may be paying for web traffic
    CoinGecko: Bitcoin exchanges may be paying for web traffic
    Bitcoin exchanges, such as OKEx, are seeing more web traffic come from sites that pay people to visit websites.
  • Binance Retains Top Spot as CoinGecko Revamps Exchange Trust Metric
    Binance Retains Top Spot as CoinGecko Revamps Exchange Trust Metric
    CoinGecko has added a cybersecurity metric to its Trust Score.
  • CoinGecko Adds Crypto Exchanges' Cybersecurity Ratings to Trust Score
    CoinGecko Adds Crypto Exchanges' Cybersecurity Ratings to Trust Score
    Crypto data platform CoinGecko has partnered with cybersecurity firm Hacken to incorporate the security of crypto exchanges into its Trust Score metric. Cryptocurrency market data aggregator CoinGecko has updated its Trust Score algorithm to consider the cybersecurity standards of the more than 400 cryptocurrency exchanges listed on its platform. From July 1, 20% of CoinGecko’s Trust Score will be determined according to a cybersecurity rating provided by security technology company Hacken.  According to an announcement, the algorithm update will provide “a more holistic overview of cryptocurrency exchanges.” Speaking to Cointelegraph, CoinGecko co-founder and COO Bobby Ong stated that the firm has “wanted to work closely with a cybersecurity company to incorporate exchanges' cybersecurity score since [introducing] Trust Score in May 2019,” but that CoinGecko “did not manage to find any suitable partner to help us with this endeavor until now.” CoinGecko scores exchanges on security Hacken’s cybersecurity score seeks to measure “the ability of an exchange to maintain a secure operating environment for both the platform and its users.” The score grades exchanges from one to 10 based on analysis of “server [and] user security, bug bounty of crowdsourced preventive measures, as well as historical hack cases.” Ong stated that the integration followed several months of discussions between the two firms, with the partnership also slated to see collaboration to “educate the crypto community on improving personal cybersecurity practices.” Dyma Budorin, CEO of Hacken, described cryptocurrency exchanges as among “the most complex and financial platforms,” that have become the “main targets of the growing black hat hackers community." CoinGecko to expand derivatives metrics Ong noted that CoinGecko plans to further develop its Trust Score over 2020, stating, “There are several other metrics which we are researching for