Cryptocurrency Analysis and News Portal
“In summary, the only liquid tokens in the market came from Alameda Market Making (3%), IEO/IDO participants (0.3%), private investors (1.6%) and the liquidity mining rewards for our stable pools,” the team stated. This created constant sell-side liquidity for MER tokens on the open market, which is now deemed detrimental
Read More
Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country as part of the new modifications. The changes would prepare the country for the review that the Financial Action
Read More
“Jump has unparalleled experience with over 20 years of scaling networks and building highly performant software systems,” Dan Albert, executive director of the Solana Foundation, said in the statement. “Their contributions to the Solana Network will improve mission-critical systems, helping the network scale to billions of users.” Original Source
Read More
Since launching in 2018, Axie Infinity has amassed over 2 million daily active users (DAUs) and its decentralized exchange, Katana, has a market cap of $5.5 billion, but this growth has not come without challenges.Axie Infinity’s in-game token, Smooth Love Potion (SLP) decreased nearly 93% from it's all-time high in
Read More
Crypto data and research platform Messari has added 10 new exchanges to its “real volume” metric as part of a revamp of the methodology.The ranking is an attempt to rank exchanges without including any wash trading — which came about following the landmark Bitwise report that suggested 95% of volume
Read More
For the first time in nearly 40 years, the U.S. Securities and Exchange Commission is lowering the barriers to investing in private securities. How much lower is unclear, however.Three of the five SEC commissioners voted to publish a proposal for updating the definition of “accredited investors,” a category of individuals
Read More
The U.S.-based blockchain firm TBCASoft, Japanese multinational conglomerate holding company SoftBank and American tech giant IBM are coming together to disrupt the telecommunication industry with dedicated cross-barrier blockchain solutions.The firms announced a strategic partnership to utilize blockchain technology for a platform specifically designed to address key challenges associated with the
Read More