Libra gets another member as it strives to have 100 entities on board. The Facebook-initiated Libra blockchain project continues to grow as its governing body has added a new major industry partner. Blockchain Capital, one of the largest venture capital firms in the blockchain industry, has joined the Libra Association, according to an official Sept. […]
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The previous all-time high in daily transactions was recorded in 2018. Daily transactions on the Ethereum blockchain have just recorded a new all-time high amid the general surge of congestion on the network. On Sept. 17, the amount of daily transactions on the Ethereum network amounted to 1,406,000, according to data from major Ethereum browser […]
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Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour. Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was triggered by yesterday’s announcement that Uniswap would airdrop it’s governance token UNI to past users of the decentralized […]
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Uniswap traders should proceed with caution as DeFi tokens such as CRV have been showing weakness since the SUSHI fiasco. In recent months, the focus of the cryptocurrency markets has been on the Decentralized Finance or DeFi space and decentralized exchanges. One of the biggest decentralized exchanges is Uniswap, and its token UNI was recently […]
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Wirex’s new Mastercard-supported card will be linked to 19 crypto and fiat currency accounts in the Wirex app. Wirex — the first cryptocurrency platform to be granted a Mastercard principal membership — will release a new multi-currency card on the heels of the membership. Wirex is a London-based crypto payment processor and is regulated by […]
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The price of Bitcoin surged past $11,000 for the first time in 13 days as traders discuss where BTC is headed next. The price of Bitcoin (BTC) broke above $11,000 at last, after 13 days within a tight range. But this time, the market dynamic is different because Ether (ETH) and most decentralized finance tokens […]
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The price of Bitcoin surged past $11,000 but it might be too early to expect a significant rally to begin. Within the last hour, the price of Bitcoin (BTC) surpassed $11,000 across major exchanges, including Coinbase and Binance. This comes after nearly two weeks of low volatility as the cryptocurrency market remained stagnant and Bitcoin […]
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Bitcoin futures market funding rates show traders are heavily shorting BTC, causing a short squeeze. Since Sep. 5, many trades in the Bitcoin (BTC) futures market have been seemingly net short. As the majority of placed bets against BTC, the funding rate of BTC futures contracts turned negative. But in the last 30 hours, the […]
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Binance’s lax KYC requirements are creating more legal problems for the exchange. Binance’s famously light Know Your Customer requirements are being targeted by the current owners of Zaif, a Japanese cryptocurrency exchange that got hacked in 2018. Plaintiffs are claiming that its weak KYC requirements and high daily withdrawal limit facilitated the laundering of $60 […]
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Analysts believe DeFi sector growth could push the price of Yearn.finance (YFI) to $50,000 in the short term. Over the weekend YFI, the native token of Yearn.finance, reached a new all-time high at $43,966 on Binance exchange. This occurred as the crypto market was still reeling from Bitcoin’s (BTC) sharp 17.5% correction which saw its […]
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