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Here is why strong post-Merge fundamentals could benefit Ethereum price
28.10.2022
An increase in staked ETH, lucrative yield on liquid staked ETH tokens and deflationary tokenomics are possible bullish factors for Ethereum price
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs
28.10.2022
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy...
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
22.10.2022
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down...
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty
22.10.2022
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second...
Digital Asset Investments See $12 Million Inflows as Total Assets Under Management Reaches $25 Billion
18.10.2022
Inflows into digital asset investment products reached $12m last week, marking a strong improvement from the net outflows recorded the week before. Total assets under management (AuM) in crypto investment funds has now reached $25bn....
Read More: Digital Asset Investments See $12 Million Inflows...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion
16.10.2022
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June...
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%
10.10.2022
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded...
Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second
5.10.2022
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET)...
New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers
5.10.2022
The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more...
Upside capped at $980B total crypto market, according to derivatives metrics
3.10.2022
A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level
US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round
2.10.2022
The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it...
Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets
1.10.2022
A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo...
Paraguayan Senate Rejects Presidential Veto to Cryptocurrency Bill
30.9.2022
The Paraguayan Senate has decided to reject the total veto that President Mario Abdo exerted over a proposed cryptocurrency bill on September 2. The Senate defended the initiative, stating that passing the bill would benefit the country due to its effect on tracking the energy consumption of crypto...
La tenencia de criptomonedas de los bancos podría ser solo el 0,01% de la exposición total de riesgo, según estudio
30.9.2022
El primer estudio de este tipo podría tener influencia en las normas globales más importantes sobre el capital bancario para las criptomonedas
Banks’ Crypto Asset Holdings May Be Just 0.01% of Total Risk Exposure, Basel Study Finds
30.9.2022
The first survey of its kind may influence crucial global standards on bank capital for crypto
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
26.9.2022
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund...
Ivory Coast-Based Payments Fintech Secures $5 Million From Its Pre-Series A Funding Round
26.9.2022
The Ivorian payments financial technology (fintech) startup, Julaya, recently concluded its pre-Series A round with an additional $5 million capital raise. This brings to $7 million the total capital that the fintech startup, which specializes in business-to-business payments, has raised in this...
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients
22.9.2022
The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded...
Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike
22.9.2022
Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm