Bitfinex to compete with DeFi with new borrowing service

Customers can now borrow money from crypto exchange Bitfinex. Amid a year of significant growth for the decentralized finance space within the crypto industry, Hong Kong-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow.  “Bitfinex Borrow is a borrowing platform,” Bitfinex chief technology officer Paolo Ardoino told Cointelegraph. “This particular […]

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Bitcoin fees plummet as mempool clears to zero

Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical. The Bitcoin network mempool shrank to its smallest size since mid-October this week after the network’s hash power soared. The clear mempool meant that that thousands of stuck transactions pending confirmation were […]

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