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How yield farming on decentralized exchanges can become less risky
30.7.2021
DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels
Ripple Introduces on-demand Liquidity With SBI Remit
29.7.2021
Ripple finally announced the launch of RippleNet in partnership with SBI Remit Co., the biggest provider for financial transfers in Japan. Through the partnership, SBI Remit will join hands with SBI VC Trade, the platform for exchanging digital assets and Coins.ph of the Philippines, to enable...
Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
29.7.2021
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs...
Tesla Q2-2021 Earnings Call to Shed Light on Its Bitcoin Holdings
26.7.2021
The upcoming Tesla Q2-2021 earnings call, which will be announced this Monday after market hours, will at last shed some light on what has happened with the company’s bitcoin holdings. The company held more than 1.5 billion dollars in bitcoin on Q1 and has reported only one sale...
Bitcoin security still a concern for some institutional investors
21.7.2021
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests
FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion
21.7.2021
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise...
Dogecoin Fan Sues Coinbase For 'Tricking' Him Into Providing Liquidity
20.7.2021
A Dogecoin (DOGE) fan sued the leading US crypto exchange Coinbase for allegedly “misleading” sweepstake ad campaign. The class action complaint seeks USD 5m in damages on the behalf of the plaintiff and other allegedly deceived Coinbase users.
David Suski, Coinbase user behind the complaint...
Exchange Providers Halt BSV Services as Mining Pool Captures 78% of BSV Network Hashrate
14.7.2021
The cryptocurrency community has been discussing the Bitcoinsv network as a mining pool called Taal has well over 51% of the hashrate. Data from the analytical crypto website Coin Dance shows the mining pool Taal commands over 78% of the network’s hashrate during the last 24 hours....
Forex Shortages Force Nigerian Corporates to Turn to Parallel Market
13.7.2021
Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this resource on the parallel market, a former official with the Lagos Chamber of Commerce and Industry (LCCI) has said. According to Muda Yusuf, who is the previous director-general at LCCI, these...
El Salvador Bitcoin move will put pressure on network: JPMorgan
12.7.2021
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say
Bullish Cryptocurrency Exchange Prepares to Launch and Go Public on NYSE
10.7.2021
Crypto startup Bullish has announced its plan to go public on the NYSE as it gets ready to launch a cryptocurrency exchange. The Bullish exchange aims to be a “revolutionary, regulated cryptocurrency exchange that offers deep, predictable liquidity for investors to generate yield from their...
Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’
10.7.2021
Bitcoin bulls pushed the price back above $34,000 but analysts warn that a variety of bearish factors remain a threat in the short term
AscendEX Launches Hummingbot Rebate Campaign
9.7.2021
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to launch the Hummingbot Rebate Campaign to reward users for trading on AscendEX using the Hummingbot Liquidity Mining Portal. The campaign will begin July 9, 2021 and run for 60 days....
Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher
8.7.2021
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching...
Is This the Future of Liquidity Mining?
8.7.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Liquidity mining, also known as yield farming, has become one of the most popular uses for cryptocurrencies in 2021, with billions of dollars worth...
Unicly to Leverage Sushi’s Miso Auction Tools to Deepen Fractional NFT Liquidity
2.7.2021
As Unicly advances NFT combination, fractionalization, and trading, an integration with Sushiswap’s auction platform is designed to promote better pricing conditions for utoken creators and buyers. Collaboration Designed to Improve NFT Price Discovery Process Despite the cooling hype...
Relite Finance Now on Reef Chain to Power Cross-Chain Liquidity
30.6.2021
To grow its ecosystem, Reef Finance is soon going to integrate Relite Finance into its network. The official announcement in this regard has just been made by Reef Finance. The primary benefit of this integration will manifest in terms of wider access to facilities that users of Reef Finance will...
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
30.6.2021
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi
26.6.2021
The days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools