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Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
13.5.2021
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which in turn made it difficult for migrants in...
Vitalik Buterin Donates $1B Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund
13.5.2021
On Wednesday, Ethereum’s Vitalik Buterin took control of his stack of Shiba Inu, a dogecoin ERC20 token, and donated more than 1 billion dollars worth of the currency to India’s Crypto Covid Relief Fund. The fund is an initiative that seeks to help people suffering from the covid-19...
Cointelegraph Consulting: Aave’s avenue to over $11 billion in TVL
12.5.2021
Breaking down Aave protocol’s usage and its liquidity mining program as the platform’s TLV doubles in under a month
Ether breaks $500 billion market cap for first time
12.5.2021
Bitcoin broke a $500 billion market capitalization in late December 2020
Over 67,000 Fusions: Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash
10.5.2021
While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like...
African Exchange, Quidax Processes Over $3.2 Billion in Transactions, Announces Global Expansion
10.5.2021
PRESS RELEASE. Cryptocurrency exchange, Quidax on Monday, 10th May officially shared plans to expand beyond Africa to the global market. They also announced the launch of their native token, QDX and revealed plans to reposition as the global home of BEP20 tokens. Quidax is a cryptocurrency exchange...
Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round
7.5.2021
Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep...
Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform
6.5.2021
On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last...
Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange
5.5.2021
The startup has a total value of $2.2 billion following its latest Series C investment round
Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion
5.5.2021
According to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume...
Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash
5.5.2021
The acquisition comes as Galaxy Digital plans a U.S. listing later this year
The $70B Meme Coin Market: Dogecoin Skyrockets Past a Half Dollar, DOGE Market Cap Eats Into BTC Dominance
4.5.2021
The popular meme-based crypto-asset dogecoin has seen incredible gains during the last 24 hours jumping over 40% since yesterday. After just recently capturing a $50 billion market valuation, Dogecoin’s market cap now exceeds $71 billion. Moreover, the meme-coin has been eating away...
Epic Spent $1 Billion On PC Exclusives By 2019
4.5.2021
As the trawl through Epic’s court documents continues, another figure jumps out: $1 billion—the amount Epic had spent on securing exclusives by 2019.Read more
Fortnite Made Over $9 Billion Between 2018 And 2019
3.5.2021
Today, the trial between Epic and Apple finally began after nearly nine months of legal filings and pre-trial hearings. During the court proceedings, new documents surfaced providing more data on how these companies operate. For example, we now know that Fortnite made $9,165,000,000 in...
Ethereum market cap hits $337 billion, surpassing Nestle, P&G and Roche
2.5.2021
The value of the Ethereum network soared above major companies like Nestle and P&G after its market cap hit a new high at $337 billion
A $1 billion crypto fund could be on its way from Andreessen Horowitz
30.4.2021
The VC firm is looking to raise a considerable sum to put towards crypto investments
Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’
28.4.2021
Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.” Japan’s Nexon Buys Bitcoin Major gaming company Nexon...
Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows
28.4.2021
Tesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion. This is also after the electric car company sold some bitcoins...
Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy
27.4.2021
Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open...
Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro
26.4.2021
The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based...