Cryptocurrency Analysis and News Portal
Nexo, a regulated digital asset entity that “unlocks the power of crypto,” has launched a new off-chain and free transfer service for supported cryptocurrencies. Off-Chain Transfer Suits Nexo’s Broad Community As per a press release on August 25, the service is accessible to over two million users. It allows any of the
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After months of unrelenting turbulence, the crypto industry has been on somewhat of a tear over the last couple of weeks, with the total market capitalization of the space recently topping the $2 trillion mark for the first time since May. In fact, over the last 21 days alone, a whopping
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The recent GameStop short squeeze has brought decentralized finance (DeFi) into mainstream public consciousness. Well-known crypto influencers such as Caitlin Long have espoused decentralized exchanges as an alternative to traditional clearing and settlement infrastructure. Others, including me, have suggested that decentralized credit markets can reduce systemic risk by enhancing financial
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The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates. Since 2016, software engineers have worked to extend the oldest and largest cryptocurrency’s use cases through a variety of companion protocols, like the Lightning Network for payments or the Liquid Network for trading. But to date, the
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Researchers at the Massachusetts Institute of Technology (MIT) have co-developed technology that they say can help avoid congestion on off-chain cryptocurrency payments networks. The "Spider" crypto routing scheme, according to its developers – including Vibhaalakshmi Sivaraman, a graduate student at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) – offers
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