Cryptocurrency Analysis and News Portal
DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. DeFi draws inspiration from blockchain, the technology behind the digital currency bitcoin, which allows several entities to hold a copy of a history of transactions, meaning
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The number of pending transactions on Ethereum per minute has jumped 30% after the claim for Uniswap’s UNI token begins. The decentralized trading platform announced around 00:30 UTC time Thursday that it has launched its governance token dubbed UNI with 1 billion coins that will be released over the next four
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Political and social upheaval around the world can lead to internet censorship and interference by powerful actors. The Open Observatory of Network Interference (OONI) is allowing people around the world to monitor internet censorship and interference in their countries in a decentralized manner for free. It has created the world's
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In a new twist in Bitmain’s ongoing power struggle, co-founder Jihan Wu has regained the legal representative status of the bitcoin miner maker giant. China’s business registration record update on Sept. 14 shows Wu has again become the legal representative and executive director of Beijing Bitmain Technology, the operating entity of
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“Web 2.0 is broken”: It’s arguably the most important thesis driving innovation across the world of crypto as entrepreneurs tout visions of a Web 3.0 that re-emphasizes the internet’s founding ideals of freedom and empowering prosperity. In 2020, that vision has deviated from its original course in well-documented ways: the capture
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The CryptoX 20 has made its first change since launching in July: Orchid (OXT), issued by Orchid Labs Inc., developer of virtual private network (VPN) software designed to be decentralized and open source, has replaced the basic attention token (BAT) issued by Brave Software Inc., developer of the Brave browser. First
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Most people would be happy to have World Wide Web creator Sir Tim Berners-Lee’s wealth, which is reportedly somewhere between $10 million and $60 million. Yet, Berners-Lee’s net worth pales into insignificance against that of Amazon founder Jeff Bezos, who last week became the first person ever to be worth more
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Bitcoin had a lackluster August while Ethereum “gas” fees are soaring. In 15 charts, CryptoX Research’s Monthly Review for August looks at bitcoin (BTC) performance compared to traditional assets, its relationship to the dollar and other fiat currencies, and at Ethereum’s increasing congestion. Some of the key takeaways: Source
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A major bank quietly opened up a wallet service for China’s central bank digital currency to public users – but quickly disabled it after the feature gained widespread attention. Around noon on Saturday local time, users of China Construction Bank (CCB), one of the big-four state-owned commercial banks, started to notice that
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Ribbit Capital, a major investor in fintech startups including cryptocurrency and blockchain ventures, is seeking to raise $350 million for a “blank check” company that would make acquisitions. While it’s unclear how much Ribbit Leap will focus on crypto or blockchain acquisitions, the filing comes at a time of renewed exuberance
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