Cryptocurrency Analysis and News Portal
With the future of decentralized finance (DeFi) increasingly appearing to be multi-chain, the need to shuttle assets between blockchain networks has never been higher.The bridge market, however, is largely dominated by centralized solutions or a handful of decentralized incumbents – a state of affairs one startup is looking to disrupt.Symbiosis
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Crypto exchange giant Binance has hired Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer.According to an announcement issued on Thursday, Binance stated that McGinness will contribute to the company’s push towards better relations with regulatory bodies across the
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Nahmii, a system designed to scale Ethereum with the needs of regulated institutions in mind, is launching its mainnet. The project is armed with $8 million in funding from the ConsenSys alums at DARMA Capital, Aligned Capital and Delta Fund.Layer 2 networks that run on top of the Ethereum mainnet
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Bitcoin (BTC) briefly fell below $42,000 on Sept. 25 as the weekend looked set to deliver an unimpressive weekly close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Bitcoin "fine" above $38,000Data from Cryptox Markets Pro and TradingView showed BTC/USD losing $1,000 in just over an hour during Saturday before rebounding.The weekend had
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This episode is sponsored by NYDIG.Download this episodeToday on the Brief:BlockFi gets another extensionChainalysis’s secret data honeypotRobinhood crypto finally gets transfersIn our main discussion, NLW talks how crypto has mainstreamed over the last year, including:Bitcoin for hedge fundersBitcoin for El SalvadorNFTs for NBA fansNFTs for crypto OGs and celebritiesHe specifically looks
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Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped in value, the TVL across
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Bitcoin price is facing hurdles near the $46,000 zone against the US Dollar. BTC could start a major decline if it continues to struggle near the $46,000 zone. Bitcoin is facing a major resistance near $45,600 and $46,200 levels. The price is now trading below $45,500 and the 100 hourly simple moving
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Ethereum wallet and browser extension MetaMask achieved another major milestone in August, as its monthly active userbase topped 10 million for the first time, further highlighting the growing demand for DeFi assets.MetaMask credited a confluence of factors for its exponential growth, including the rapid adoption of Ethereum smart contract technology,
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The nonfungible token (NFT) space is arguably one of the most popular aspects of crypto and blockchain technology. Indeed, NFTs are often the topic of conversation, garnering significant interest both from inside and outside the industry.Such is the growing appeal of NFTs outside the crypto space that major brands like
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The crypto market has been surging recently and there’s one cryptocurrency — Bitcoin (BTC) — leading the way. After having suffered through volatility for the better part of the last 60-some days, the flagship crypto has showcased a high level of recovery, even breaking past its 200-day moving average earlier
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