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Roll-ups to preserve Ethereum’s DeFi monopoly despite competitors: Messari
3.12.2020
Popular crypto data provider Messari has predicted that roll-ups will beat out Layer 1 alternatives as the dominant scaling solution amid Eth2’s multi-year incubation
UniSwap fights back as competitors drain value from the DEX
20.11.2020
Even as incentives continue to dry up on UniSwap, TVL across the board seems to have remained steady
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
17.8.2020
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc...
Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
3.8.2020
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...
ESPN Announces Online Gaming That Allows Bitcoin Deposits and Withdrawals
26.7.2020
ESPN Global has announced the launch of a blockchain-powered gaming platform, which will allow competitors to deposit and withdraw using bitcoin and other cryptocurrencies through Cryptopay. The platform is also integrating an online treasure hunt, Satoshi’s Treasure, with $1 million worth...
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
23.7.2020
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...
Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan
14.6.2020
The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan.
And with the Bitcoin halving in May putting an extra squeeze on the profit margins...
CZ Insists That DDoS Attacks Were Foul Play From Binance Competitors
4.5.2020
Binance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto
CZ Blames ‘Self-Perceived Competitors’ for New DDoS Attacks on Binance
29.4.2020
Binance CEO Changpeng Zhao confirms DDoS attacks on Binance, blaming “self-perceived competitors” for the attack
Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...
Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia
6.11.2019
Just recently the web portal Bitcoinbch.com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide margin. After the study, the researchers analyzed transactions for the month of October...
Fearless Ripple CEO Keeps Belittling Major Competitors
21.6.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
As potential new major competitors pop-up one after another and the old ones are overhauling their businesses, Ripple, a California-based blockchain startup focusing on the banking sector, tries not to show that the newcomers might...
Ripple CEO: Bitcoin and XRP Aren’t Competitors — I’m Long BTC
21.6.2019
There is no competition between bitcoin and XRP, Ripple CEO said, adding that there will not be one single crypto to ‘’rule them all”