Cryptocurrency Analysis and News Portal
“Silvergate’s status as the pure-play bank of the crypto ecosystem, has led to the creation of a bank not only with superior growth potential, but also that operates with one of the highest quality balance sheets in the industry,” JPMorgan analyst Steven Alexopoulos said in a note to clients. Original Source
Read More
That, at least, is Solana’s party line. In the past week, top brass at Solana Labs, which builds on the proof-of-stake ecosystem, waxed bullish on mobile wallet integrations. Head of Growth Matty Tay said Phantom’s yet-to-launch mobile wallet could “open the floodgates” to millions of new users. Original Source
Read More
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of NFT buyers has risen, and the number
Read More
Canadian miner Bitfarms plans to grow its mining capacity to more than 2 exahashes (EHs) per second in November after hitting a record hashrate last month, according to a SEC filing on Monday.The miner’s October bitcoin product rose 12.5% from September, due to production from its newly built, larger production
Read More
Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been
Read More
The move from a traditional bank to Bitpanda was a “no-brainer,” Barraclough said in an interview. “As cryptocurrency investments further become part of mainstream financial markets, retail and institutional investors are demanding tools which enable them to pursue traditional investing strategies while navigating trading nuances specific to digital assets,” he
Read More
The buzz around the blockchain industry isn’t going down anytime soon as more use cases keep popping up in various sectors. There is a myriad of factors contributing to the push we are currently observing. One of the most significant among them is the increase in industry readiness, both from
Read More
Welcome to the latest edition of Cryptox’s decentralized finance, or DeFi, newsletter.In a week where DeFi’s parabolic growth continued elsewhere, the United States Securities and Exchange Commission Chair Gary Gensler threatened to tackle stablecoins.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s
Read More
In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the crypto community are necessary for any project that looks to have long-term success in the ecosystem. Recently, the emergence of layer-2 technology like Arbitrum, Optimism and a bridge to the
Read More
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making a myriad of blockchains compatible. Researcher: ‘We Are Finally in
Read More