Cryptocurrency Analysis and News Portal
Despite a broader downturn in related markets, multinational corporations don’t appear to have slowed down on their trademark applications covering Web3, crypto, nonfungible tokens (NFTs), and the metaverse.The month of February — now drawing to a close — saw the likes of General Motors, Lacoste and Walmart making their territory
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What is a market maker, and how do they differ in the crypto and traditional finance markets? At the European Blockchain Conference in Barcelona, Cryptox discussed the topic with key market makers in the crypto industry on one of the conference’s first panels. Cryptox reporter Joseph Hall drew up
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In the largest BUSD pool on decentralized finance (DeFi) protocol Curve, where traders can swap between stablecoins, traders almost depleted the USDT, USDC and DAI liquidity. Now, 85% of the pool’s liquidity is BUSD, making it difficult for traders to exchange large amounts of BUSD, and forcing sellers to accept
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Place/Date: - January 17th, 2023 at 5:13 am UTC · 4 min read Source: Snowfall Protocol The world of cryptocurrency is constantly evolving, with new projects and alliances emerging on a regular basis. In recent news, the Polkadot (DOT) Alliance was formed
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Trading firm Wintermute tweeted Nov. 9 that it had reduced its exposure to FTX after the insolvency concerns started. During the withdrawal pause, some of its funds were stuck, but the amount was “within our risk tolerances and does not have a significant impact on our overall financial position,” Wintermute
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This explains how the Ukrainian authorities were able to block the wallets. Decentralized blockchains, such as Bitcoin and Ethereum, do not allow anyone to block or freeze any addresses or transactions. However, centralized custodial exchanges, such as Binance, Coinbase (COIN), FTX, which hold cryptocurrency on their users’ behalf, can refuse
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A volte-face by South Korean President Yoon Suk-yeol’s administration when it comes to long-standing government apathy toward the country’s gaming industry is forcing it to stick to overseas markets. In his election campaign, President Yoon had promised to abolish the ban on the play-to-earn (P2E) industry in the country and enact
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Automated market makers are a true public good in crypto, enabling genuinely decentralized trading 24/7 and supporting the wider DeFi ecosystems. But they’re not without a host of problems, writes digital economist and academic Christos A. Makridis.The decentralized finance (DeFi) market has surged since 2021, growing from just over $20
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PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements. At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading with simple, fast, mobile-first trading for
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin has failed to hold the $50,000 level as it sits at around $47,585 today, after the U.S. House of Representatives Financial Services Committee hearing took place yesterday. Top executives from six major cryptocurrency companies, including Coinbase and Circle,
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