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Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours
23.10.2020
Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. ■ The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s...
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply
21.10.2020
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars. This past August the billion-dollar firm...
Harvest Finance Doubles Total Value Locked to $704M in One Week
21.10.2020
Harvest Finance’s dramatic growth took place during a time when enthusiasm around the DeFi space has slowly hit a wall
Coinbase Received 1,900 Requests for Client Info From Law Enforcement During First Half of 2020
17.10.2020
Coinbase has revealed that it received a total of 1,914 requests for customer data from global law enforcement agencies during the first six months of 2020. It is, however, not clear how many of the requests were fulfilled. In its first so-called“transparency report” published Friday...
12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?
12.10.2020
The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent endorsement of Defi, rug pulling...
Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
11.10.2020
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi)...
Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC
8.10.2020
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc....
Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment
8.10.2020
Jack Dorsey's payments company announced Thursday it has purchased 4,709 bitcoins in a strategic investment
Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M
8.10.2020
Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624...
ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network
4.10.2020
A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to...
Total Stablecoin Supply Nearly Doubled in Q3, Adding Record $8B
1.10.2020
“2020 seems to be the year of stablecoins,” said Tether CTO
Market Wrap: Bitcoin Retests $10.8K; Total Value Locked in DeFi Hits $11B
30.9.2020
Bitcoin price is flirting with $10,800 territory while DeFi soldiers on
Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot
30.9.2020
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more...
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange
30.9.2020
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently...
Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype
29.9.2020
Crypto research firm, Messari says new Defi token offerings or initial dex offerings (IDO) are a reincarnation of initial coin offerings (ICO) and warns average investors to steer clear these. The firm notes that several early participants of IDOs are the ones that typically make off with outsized...
Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On
27.9.2020
The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to the data, USDT now accounts for an estimated at 80% of total supply...
A Mega DeFi Project Buy-Sell (BSE) ILO Presale Will Start Today
26.9.2020
The cryptocurrency space in recent times has seen and experienced a drastic and exponential growth, this is a result of decentralized finance (DeFi) which has taken an entirely new dimension and has attracted lots of positive attention around it. As at the time of writing, the total DeFi market...
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
25.9.2020
Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted...
How a Spoof Turned Into a Media Hype About Bitcoin Cash
19.9.2020
An anonymous Bitcoin Cash (BCH) supporter says he deliberately started a spoof which successfully baited local media to report on the coin. The trick, which involved the use of 100 Bitcoin Cash tip stickers, only cost a total of $1,100 yet it managed to get BCH featured by media outlets...
Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B
18.9.2020
The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however...