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Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020
23.10.2022
The explosive Web3 growth in the country is supported by several factors, including a large talent pool, a high adoption rate and product development for global markets
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
22.10.2022
In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin...
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’
21.10.2022
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion...
Ecosystem Growth, Not Prices, Tells the Real Crypto Story
20.10.2022
An increasing number of positive narratives around crypto and blockchain technology have emerged in the recent years, but current prices do not reflect the growth. Regulation and risk-appetite could be what's needed to turn things around
Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event
19.10.2022
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development...
Will Polygon’s DApp ecosystem growth boost MATIC price?
18.10.2022
Now Polygon is the home of more than 53,000 decentralized applications according to the latest statistics published by the leading web three development platform, Alchemy. It has increased nearly 60% since June and more than eightfold from the beginning of this year. It is a total of DApps that...
Bank of America’s Survey of Wealthy Americans: Younger People Are 7.5 Times More Likely to Hold Crypto in Their Portfolios
16.10.2022
Bank of America has found that younger wealthy Americans are 7.5 times more likely to hold crypto in their portfolios than investors aged 43 and older. “If the youngest cohort isn’t confident in stocks, where do they see opportunities for investment growth? Alternatives, including...
Onomy hybrid DEX’s expansion to Shimmer’s stablecoin unlocks Web3’s growth
13.10.2022
Onomy is greatly excited and takes immense pleasure in making its formal announcement that they are in the due process of connecting its Hybrid DEX, all bridges, and its collection of stablecoins, onto the Shimmer network. However, this will, in the opinion of the team at Onomy, pave the way...
560 New Stock CFDs Uplift Global Brokerage’s Business Growth
11.10.2022
After adding new crypto CFD products in June this year, Infinox has added 560 new Stock CFDs to its offering. Products are available to all traders irrespective of their registration status. Retail and institutional traders can access the new listing and diversify their portfolios. The new listing...
Ethereum Sees Biggest Network Growth Day in 2022 – Number of Addresses Hits All-Time High
10.10.2022
The Ethereum network has seen its biggest one-day growth so far in 2022, with the total number of wallet addresses on the network hitting a fresh all-time high over the weekend. The growth indicates that the real-world utility of the network is rising.
Per data from the crypto analytics firm...
US Jobs Growth Slows Less Than Expected; Bitcoin Slips From $20K
7.10.2022
The monthly employment situation report, released by the Labor Department, has become one of the most important economic indicators to watch as the Federal Reserve evaluates the state of the economy
Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009
3.10.2022
Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than...
Net Bitcoin ATMs growth drops globally for the first time ever
1.10.2022
Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network
Chainlink Launched the BUILD Initiative to Encourage Cross-Ecosystem Growth
30.9.2022
Chainlink has announced the launch of the Chainlink BUILD program as a part of Chainlink Economics 2.0. The objective is to accelerate the growth of projects in their early stages. Chainlink will expand its assistance by enhancing the accessibility to Chainlink technical support and services...
Arbswap Launches the Nova Accelerator to Support Arbitrum’s Ecosystem Growth
30.9.2022
PRESS RELEASE. Arbswap, the Arbitrum-native automated market maker decentralized exchange, has seen significant progress over the past months. Following the migration of its contracts to the Arbitrum Nova network, Arbswap has recently launched the Nova Accelerator with support from Old Fashion...
Bitcoin․com To Deploy Verse Development Fund To Expand Ecosystem
29.9.2022
PRESS RELEASE. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can accessibly and safely interact with cryptocurrencies and digital assets, is launching the Verse Development Fund, an initiative to accelerate growth and innovation in Bitcoin.com’s Verse ecosystem....
Web3 and How It Helps the Environment – Dave Uhryniak of TRON DAO Explains
28.9.2022
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development...
Ethereum Project Ribbon Finance Launches Crypto Options Exchange to Boost Growth
28.9.2022
Ribbon expects trading volumes to reach over $100 million a day within the first six months of launch
Vietnam’s crypto adoption: Factors driving growth in Southeast Asia
27.9.2022
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend
Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased Crypto
27.9.2022
Nubank, a Brazil-based digital bank, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the biggest financial institutions of its kind in Brazil. The company also announced that almost 2 million of its customers...