DeFi is currently growing by nearly half a billion per week in used or ‘locked’ assets, with it coming close to $2 billion just two weeks ago while now it is ready to surpass $3 billion.
Whale Alert has recently published the report in which it states that Satoshi Nakamoto, a mysterious founder of Bitcoin (BTC) also known as Patoshi, is supposed to mine 1,125,150 BTC what worth around $10.9 billion.
While Digitex introduced itself as the next-gen crypto futures platform, it doesn’t shy away from the other popular niches. Digitex has promised it will launch its own version of crypto spot trading (commission-free) as well as non-custodial accounts.
Bitcoin had another disappointing week providing a negative weekly return of 1.60%.
Despite BTC price moving between $9,000 and $9,500 recently, the CEO of Binance said Bitcoin is stable and the traditional market has a “drag down effect” on it.
Masayoshi Amamiya, the Bank of Japan executive governor, said that a CBDC may play a central role in interoperability between many emerging digital assets in the country.
Brad Garlinghouse, Ripple CEO, at the Parallel Summit on July 17 expressed his opinion about the digital currency industry. He stated that China is a leader of it and admitted that he is awed by China’s approach.
It has become known that Coinbase saved over 1,000 users from sending Bitcoins to scammers in the recent Twitter hack.
Fintech giant app Paypal has partnered with Paxos to launch a new crypto service. This new venture will serve more than 300 million PayPal users.
The cooperation with Mastercard will allow Wirex the ability to directly issue crypto payment cards to its customers and push cryptocurrency adoption to the mainstream financial market.
The rise in the DeFi activity has got the Ethereum network transaction volumes to over 1 million and pushed it to its record high. The ETH 2.0 can majorly address the scalability issues for the Ethereum network.
Trading and staking competitions might not make you rich, but they can supplement your main income while providing an incentive to try out new exchanges.
As part of the listing, Algorand (ALGO) will be available across all Coinbase platforms and will be also featured for staking and storage on Coinbase custody.
Though XRP and Stellar (XLM) were created for very similar purposes, today their price tendencies differ significantly.
Thanks to the integration with Compound, Curv’s customers “no longer need to let their digital assets sit idly”.