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Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days
27.11.2021
30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds...
Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin
27.11.2021
As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326...
Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July
27.11.2021
Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to plummet to 128 EH/s two days later. The recent shifts have taken place before the upcoming...
Nigerian Artist Davido Launches Fan Token That Gives ‘Power Back to the Fans’
27.11.2021
Nigerian artist Davido has launched a fan token, the Echoke Social Token, that he says gives “power” to his millions of fans. Eliminating the Middlemen A Nigerian pop artist and celebrity, Davido, recently announced the launch of his fan token, the Echoke Social Token, via...
Digital Land Plots Selling for Millions in Metaverse Projects
27.11.2021
The concept of the metaverse is starting to blow up, and many of the early companies that are invested in it are already reaping some of the benefits from this new trend in the market. Digital land plots in virtual worlds are now selling for millions of dollars on different platforms, including...
Grayscale Report Sees Metaverse as Potential $1 Trillion Business Opportunity
27.11.2021
Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide a profitable entry...
‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom
27.11.2021
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the...
Paytm Founder: Crypto Is Here to Stay and Will Become Mainstream in 5 Years
27.11.2021
The founder of Paytm, a major digital payment company in India, is “very positive about crypto.” Noting that cryptocurrency is here to stay, he expects it to become a mainstream technology in a few years. Paytm Founder Is ‘Very Positive About Crypto’ Vijay Shekhar...
Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe
27.11.2021
The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary...
Major Estonian Bank LHV Starts Offering Cryptocurrency Trading via Bitstamp
27.11.2021
One of the largest banks in Estonia, LHV, is now offering cryptocurrency trading directly from its app through crypto exchange Bitstamp. The bank says it is the “first bank in the Baltics to start offering crypto trading.” Large Estonian Bank Now Offers Crypto Trading LHV announced...
Best Cyber Monday 2021 Crypto Deals - Save Big When Paying With Crypto
27.11.2021
Thanksgiving is a major holiday for so many in the US, but it is also the day before the beginning of the Christmas / holiday shopping season - for both those within the country and globally.
Right after Thanksgiving comes the Black Friday bonanza, when merchants offer a myriad of discounts...
2021 Crypto Literacy Report Suggests 96% of Americans Fail to Comprehend Basic Crypto Knowledge
26.11.2021
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents aware of bitcoin, 17% in the U.S., 15% in Brazil, and 14% in Mexico own the crypto asset. The report published...
Nigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round
26.11.2021
A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the exchange, will be used to expand its operations...
Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume
26.11.2021
A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have...
Acid, Bitcoin mining and a bad trip to North Korea
26.11.2021
Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant
26.11.2021
During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between...
Flexible Staking Now Live on Bybit’s ByFi Center
26.11.2021
Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their staked tokens. Traders can get started by staking at least 0.01 ETH, 0.001 BTC,...
Russian Parliament Sets Up Working Group on Cryptocurrency Regulations
26.11.2021
A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining...
Sidus Heroes CEO Dan Khomenko Talks About the Economics of Play-to-Earn Blockchain Games, NFTs and the Metaverse
26.11.2021
SIDUS HEROES is the first ever WEBGL, AAA-level, Play-to-Earn, NFT and MMORPG game. The game is set in a space metaverse at a time when technological advancements have reached the level of merging with all living beings. All characters belong to one of several blockchain races and embody that...
8 Best Crypto Trading Bot of 2021 – Pionex
26.11.2021
The Overview of Crypto Trading Bots Crypto trading bots are software programs that are programmed to trade on financial markets. They can make profits by following specific predefined rules which can detect patterns in the market. Bots are becoming increasingly popular in financial trading. There...