Cryptocurrency Analysis and News Portal
Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and
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SIX will join Swisscom and Sygnum in a new venture aimed to enable Swiss banks to offer digital assets to their customers. Source
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Filecoin popped then dropped in an erratic first day of trading. Source
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USDC is being added to its third blockchain: Stellar.Announced Thursday during the Stellar Development Foundation’s quarterly review call, the addition of the dollar-backed stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.“We are focused on creating equitable access to the financial system by building a global network that
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BitCluster, a cryptocurrency mining company in Russia, is setting up shop where few dare to wander.A new mining farm above the Arctic Circle, in the industrial area of Norilsk in the Taymyr Peninsula, will provide 11.2 megawatts of power for mining bitcoin. The farm will be working as a “mining
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You’re reading First Mover, CryptoX’s daily markets newsletter. Assembled by the CryptoX Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money
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Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals.Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms in over a year, according to Glassnode data.The bulk
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High-performance blockchain and distributed collaboration platform Ontology has successfully completed a native integration with Chainlink, a decentralized oracle network that enables smart contracts to securely access off-chain
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The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries.Shortly after the launch in Shanghai, blockchain industrial
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Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange. Source
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