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Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
22.3.2022
The exponential growth seen in decentralized finance (DeFi) in recent years may be set to slow owing to hurdles such as regulation and overcollateralization, Morgan Stanley said in a research report
Luna token price is soaring, but is the network's growth sustainable?
21.3.2022
The last few months have seen Terra and its associated cryptocurrency LUNA surge in popularity. Is there more to this exponential growth than meets the eye?
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
Bitcoin Ink: Study Shows Interest in ‘Crypto Tattoos’ Jumped 222% in the Past Year
19.3.2022
As cryptocurrencies, bitcoin, decentralized finance (defi), and non-fungible token (NFT) technology experienced extreme growth during the last year, interest in crypto tattoos has risen a great deal. According to a recent study published by Crypto Head, searches for tattoos related...
Chainlink Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth
18.3.2022
This disparity between Chainlink’s TVS and LINK’s market cap may reflect several issues, Coinbase said
$100M fund aims to support the growth of decentralized machine economy
16.3.2022
The IoTeX Foundation will examine all DApp developers thoroughly to ensure that they effectively enable machine financialization
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
US Senator Booker: Cryptocurrency Can Bring Growth to American Economy if Properly Regulated
13.3.2022
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy if properly nurtured and regulated.” The senator from New Jersey is encouraged by President Joe Biden’s executive order on crypto regulation....
Ukraine Tether Trading Volume Sees Strong Growth, Persistent Premiums
11.3.2022
Trading volume in the stablecoin tether (USDT) with Ukrainian hryvnia (UAH) is again seeing strong growth on crypto exchange Binance, with the volume on several days this week reaching and surpassing the level seen on the day the war started....
Read More: Ukraine Tether Trading Volume Sees...
Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets
10.3.2022
The Avalanche Foundation has announced a new incentives program to support the use of subnets. The organization announced that the program, dubbed “Multiverse,” will connect developers with a fund of up to $290 million, approximately 4 million AVAX, to incentivize the growth...
AdaLend: The World’s Leading Cardano-Based Lending Protocol
9.3.2022
BSCPad and ADAPad Public Sale On March 14th. Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains. Over $2.5 trillion in cryptocurrencies was traded in January 2022...
US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’
6.3.2022
Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for...
GAIMIN Poised for Significant Growth and Technology Advancement in 2022
4.3.2022
March 6th sees GAIMIN enter its fifth and most exciting year: GAIMIN’s distributed data processing application which rewards users for participation in the network will be launched in April 2022. GAIMIN’s Minecraft plugin is delivering blockchain and NFT functionality to the Minecraft...
DeFi Platform Thetanuts Finance Raises $18M Seed Funding to Fuel Growth
1.3.2022
The funding round was led by Three Arrows Capital, Deribit, QCP Capital and Jump Crypto
Bank of America Sees No Crypto Winter Given User Adoption, Developer Activity Growth
28.2.2022
Even so, crypto-market upside likely to be limited for the next six months by Fed tightening, macroeconomic headwinds
Saxo Bank Shows Growth in Client Count While Profits Remain Marginal
25.2.2022
The annual financial reports for the Denmark-based Saxo Bank came in earlier this week. While the bank scored less exceptionally in terms of profits, the phenomenal growth in client count makes up for the moderate performance. Compared to the previous year’s revenue of 750 million Danish...
NFTs most popular assets on Ethereum, but Wrapped Bitcoin growth stalls
24.2.2022
NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while WBTC minted on chain has leveled off this month
Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months
21.2.2022
Horizon Worlds, one of the flagship metaverse apps that Meta has released, has reached a monthly userbase of 300K users on its platform. Meta’s executives announced this milestone in a virtual all-hands update last week. The company also announced recently that more than 10,000 worlds...
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
19.2.2022
While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the...