Cryptocurrency Analysis and News Portal
Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 million token offering.The new token is known as Recovery Value USD (rvUSD) and will be worth $1 each. It is designed to help CoinFLEX recover $47 million
Read More
Reporting from the inaugural day of the Blockchain Hub Davos 2022 conference, Cryptox’s editor-in-chief, Kristina Lucrezia Cornèr hosted a panel discussion centered around decentralized finance (DeFi) titled "Programmable Money is Here — and It’s Changing the World as We Know It."Panelists included chief partnership officer of SwissBorg, Alexander Fazel; Global
Read More
An Examination of the Social Cryptocurrency Reveals Numerous Recent Achievements and an Exciting Future On March 14, 2022, Pi Network celebrated its 3rd anniversary with important announcements and updates. The network defined future plans and shared progress in terms of technology, product, and community growth since last year’s Pi Day. Pi Network
Read More
Analysts say newer products and high yield rewards are fuelling growth on the Fantom network. “Many projects like Radial, veDAO, and 0xDAO came up with liquidity mining launches that vampire attacked other protocols to gain TVL. These projects share a lot of resemblance to defi summer projects in 2020,” wrote
Read More
press release PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity such as
Read More
Cross-chain liquidity network THORChain has enabled support for Dogecoin (DOGE) — bringing a new suite of decentralized finance (DeFi) capabilities to the popular memecoin.Beginning this week, users have the ability to swap DOGE or earn yield on their DOGE holdings using THORSwap, a non-custodial decentralized exchange. In practice, this means
Read More
At press time, ADA was trading near $1.36, a 10.6% fall in the last 24-hour. Scaling solution Polygon's MATIC token fell 6% even as the network implemented Ethereum's fee-burning mechanism, which will destroy MATIC tokens making its supply deflationary. Solana's token SOL, binance token BNB, and ether each fell over
Read More
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for the blockchain
Read More
When compared to other decentralized derivative systems such as Perpetual Protocol and DYDX, Qilin stands out for its innovations, while staying true to the ethos of decentralization. Its liquidity design is peer-to-pool, rather than a virtual automated market maker (vAMM) or even a centralized order book, while the liquidity providers
Read More
On-chain data also show bullish signs for bitcoin in the medium term, said Eddie Wang, senior analyst at OKLink research, crypto exchange OKEx’s on-chain data research arm. The network’s hashrate has been steadily increasing since July, the mining difficult has also increased eight times, and miners have accumulated over BTC
Read More