Cryptocurrency Analysis and News Portal
After nearly three years in operation, Nigerian cryptocurrency exchange Quidax has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy.Since launching in August 2018, Quidax has amassed over 400,000 customers across 72 countries, the company disclosed Monday. The figures were published
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While there are increased expectations that the 1inch token will be used for greater utility in the broader network as been envisaged, the token has seen organic growth this year amid the ongoing DeFi boom.Multichain decentralized finance (DeFi) exchange aggregator 1inch has unveiled its rebrand to 1inch Network amidst a
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Despite being in the middle of a $1.3 billion lawsuit with the United States Securities and Exchange Commission, it appears that it is still business as usual for Ripple.Speaking to Reuters on Friday, Garlinghouse revealed that the company has not suffered any negative blowback in the APAC business theatre amid
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As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain. In a press release today, the 1inch team revealed that they’ve ported 10 million 1INCH tokens (currently worth over $40 million dollars) to BSC. The tokens will be used
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The exchange has increased the trading options for Singapore users, including several DeFi tokens. Source
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Brazil’s largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across Latin America.Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the “regulatory culture” in those countries to Brazil’s.According to Useful Tulips, Mexico is currently the fourth-largest Latin American
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Publicly traded mining company Hive Blockchain (HVBTF) reported a Q2 profit even as the firm continued its “big spend” on upgrading its mining facilities. Hive took in $13 million in quarterly mining revenue, according to its Q2 earnings report Tuesday, 8% up from the year-ago period’s $12 million.The company posted a
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The publicly traded bitcoin miner aims to quadruple its current hashrate by mid-2021. Source
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Tencent Cloud, the cloud computing arm of Shenzhen-based tech giant Tencent, launched a blockchain infrastructure engine and a blockchain-based trusted computing platform at its recent Global Digital Ecosystem Summit, further expanding Tencent’s foothold in the blockchain sector. The Blockchain Base Level Engine (区块链底层引擎) and its Blockchain Trusted Computing Platform (区块链可信计算平台), are
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The decentralized finance platform Cred will now use Visa’s extensive reach to further push the adoption of lending and borrowing of digital assets.On Sept. 8, Cred announced that it has joined the international payment behemoth Visa’s Fintech Fast Track program — a program that helps payment startups use Visa’s network,
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