Dubai Attracts Crypto.com, Bybit as Friendly Rules Bear Fruit
Both exchanges plan to establish hubs in Dubai after the UAE moved to create a crypto-friendly regulatory regime. Original Source
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Attracts
Floki Inu Bark Attracts BSC And Ethereum Whales
Dog-themed meme currency Floki Inu, named after Elon Musk’s Shiba Inu dog, is attracting Ethereum and Binance Smart Chain whales after receiving speculative market interest on Friday. On social media, Shiba and Floki followers engage in a heated debate over an ad for their respective dog-themed cryptocurrency. This may have been good news
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DeFi attracts 2.91M Ethereum addresses, according to ConsenSys
By the end of June 2021, 2.91 million unique Ethereum addresses had interacted with at least one DeFi protocol, representing 65% growth from the previous quarter. “As community driven education, simple user interfaces, appealing yields, and general awareness around DeFi best practices increased throughout the quarter, so too did the
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GoodFi Advisory Board Attracts 22 Executives from Chainlink, Aave, Radix, mStable and Other Leading DeFi Projects
GoodFi, a not-for-profit organization created by Radix with the mission of getting 100 million people into DeFi by 2025, announced today the addition of 22 executives to its advisory board from DeFi industry leaders such as Chainlink, Aave, Sushiswap, Avalanche and mStable. The addition of the Board of Advisors, who meet
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Volatility derivatives project Volmex Finance attracts backing from VC giants
A number of venture capital giants have completed a financing round for Ethereum-based volatility and derivatives protocol Volmex Finance.According to a March 17 announcement from Volmex Labs, the financing round was contributed to by several leading decentralized finance venture capital firms including Alameda Research, Three Arrows Capital, Robot Ventures, CMS
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Lightning Network’s New Liquidity Marketplace Attracts a ‘Surprising’ Mix of Individuals, Enterprises
Lightning Labs’ new liquidity marketplace, Lightning Pool, has seen more early-stage growth than its creators expected. And what’s more, a fair share of its volume is coming from individual Lightning users – not businesses.“It’s a big surprise! Very exciting,” Lightning Labs Business Development head Ryan Gentry told CryptoX. “The primary
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Non-fungible digital art ‘goes parabolic,’ attracts Morgan Creek execs
Major players in the crypto community are betting big on digital art NFTs surpassing the physical art market.According to a Sept. 21 tweet from Messari analyst Mason Nystrom, sales of non-fungible token (NFT) marketplace Rarible passed $5 million in September, with a volume of 5,309 of its RARI governance tokens
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DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising
A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April.Despite the decline in overall investment, the decentralized lending sector appears to still be flourishing — raising 150% of its March total.Crypto fundraising plummets during AprilThe report
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Bakkt Attracts $300 Million Funding as Bitcoin Sell-off Continues
Crypto derivatives provider Bakkt raised $300 million in its latest financing round even as its core portfolio asset bitcoin suffered huge losses amidst the Coronavirus-led sell-off.According to the announcement, penned by Bakkt’s CEO Mike Blandina, Intercontinental Exchange, PayU, Microsoft’s M12, Goldfinch Partners, Boston Consulting Group, Pantera Capital, and CMT Digital all
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Crypto Scam Coinjer Attracts Victims by Promoting Free Bitcoin Reward
A user on Reddit recently shared his experience with Coinjer, calling it an elaborate cryptocurrency scam that has recently surfaced on the internet.The user, @m3l0n, shared that he received a message on Discord, a platform for video gaming communities, advertising that users could win 0.25 Bitcoin, almost equivalent of $1,830
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