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Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell
12.10.2021
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total...
Celsius & MoonPay Ride Unicorns, Blockchain.com Launches Margin Trading + More News
12.10.2021
nt group. The transaction will reflect a valuation of more than USD 3bn for Celsius, the company
Binance to Pump USD 1B Into Its Chain, Aims for Billion Users
12.10.2021
arget="_blank" rel="noopener noreferrer" href="https://www.newswire.ca/news-releases/binance-launches-1-billion-binance-smart-chain-bsc-fund-to-increase-global-crypto-users-to-1-billion-862993651.html">Per the press release, the platform has launched a USD 1bn Crypto Mass Adoption Fund for BSC,
FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way
12.10.2021
On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in...
Mining Hardware Manufacturer Bitfury Plans to Go Public
11.10.2021
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars...
Bitfury Is Said To Be Valued 'In Billions' as IPO Rumors Reemerge
11.10.2021
ank" rel="noopener noreferrer" href="https://www.telegraph.co.uk/technology/2021/10/10/bitcoin-mining-giant-plots-billion-pound-float/">reported, claiming it has obtained information suggesting the offering could have a “price tag in the billions of pounds.”Bitfury, which is headquar
New Funding Round Could Bring ConsenSys Value To USD 3 Billion
11.10.2021
https://www.ft.com/content/1773d1ed-0df0-46c1-9732-223c4012bc48">citing undisclosed sources briefed on the plans.While ConsenSys did not officially acknowledge its plans, should they be confirmed, the financing would represent a significant milestone for the New York-based company. It cou
Cross-Chain Bridge Value Increases by 89% in Less Than a Month Surpassing $14 Billion TVL
10.10.2021
23 days ago on September 16, cross-chain bridges held around $7.79 billion total value locked (TVL) and since then the TVL has increased 89% since then to $14.75 billion. Currently, the top bridges include network connections like Polygon Bridges with $4.5 billion, Fantom Anyswap Bridge with $4.1...
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
5.10.2021
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from...
Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange
3.10.2021
Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a decentralized exchange (dex), according to the company’s co-founder Jeff Zirlin during a podcast with Frank Chaparro. Moreover, Axie Infinity recently...
Billion dollar Bitcoin mining industry resumes in Iran after three month ban
1.10.2021
The extreme heat of the summer has subsided, so crypto mining has been given the green light as it can no longer be blamed for stressing the electricity grid
Genshin Impact Made $2 Billion In A Year
30.9.2021
Free-to-play game Genshin Impact made $2 billion on the Google Play and Apple App stores in its first year. That makes Genshin Impact the third most financially successful mobile game in the world, sitting comfortably behind Honor of Kings and PUBG Mobile. Excluding sales figures from China...
Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’
28.9.2021
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments...
23,250 ‘Sleeping Bitcoins’ Spent in 2021: This Year Old School Miners Moved $1 Billion in BTC From 2010-2013
28.9.2021
On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The strange miner was not the only entity that spent 2010 BTC block rewards during the last nine months, but this miner returned on a few occasions to spend strings...
China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether
26.9.2021
Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at approximately 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in bitcoin was dispersed to unknown wallets....
USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months
25.9.2021
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great deal, rising more than $10 billion in 125 days. Since...
These 3 NFT Projects Collectively Captured Over $10 Billion in Sales
25.9.2021
Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockchain NFT game Axie Infinity, and the digital collectible series Cryptopunks...
Rich Dad Poor Dad Author Calls Evergrande a ‘House of Cards’ While China’s Officials Prep for Firm’s Demise
23.9.2021
The world is still focused on the financial downfall of China’s real estate giant Evergrande and according to Chinese authorities have told the private sector to get “ready for the possible storm.” Reports show that even though the People’s Bank of China already provided...
Bank Forex Deposits Rise by SH2.6 Billion in July
23.9.2021
The Kenyans’ foreign money deposits in the local banks fell by about Sh2.6 billion in the month of July. This indicates an increase in consumption by the importers, who increased holdings belonging to them in June. According to Kenya National Bureau of Statistics (KNBS) statistics, value...
SushiSwap denies reports of billion dollar bug
23.9.2021
Claims by a self professed white-hat hacker about a major security risk to SushiSwap liquidity providers have been rejected by one of the exchange’s devs