Reddit’s Fortnite Community Outpaces r/CryptoCurrency in Token Transfers

The Fortnite community on Reddit conducts five times as many token transfers as r/CryptoCurrency in the new community points system. Reddit’s r/FortNiteBR community has conducted almost five times as many ERC-20 token transfers as the r/CryptoCurrency community with over 1% of Fortnite subscribers holding tokens.  After only two weeks of Reddit launching their Ethereum-based Community […]

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IOV Labs Ushers in Bitcoin-Based Mobile DeFi

A financial solution provider based on Bitcoin’s network unveiled a mobile-friendly light client, requiring no full node operation. IOV Labs, a startup that constructs financial solutions based on Bitcoin’s blockchain, has introduced another layer of scaling.  “IOV Labs announced the launch of its Light Client for the Lumino Payments Network, a third-layer Bitcoin scaling solution,” […]

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MakerDao Brings Bitcoin to the Ethereum Blockchain

MakerDAO governance token holders voted to accept wBTC as the fourth collateral asset in the Maker DeFi Protocol. MakerDao governance, a decentralized community of MKR token holders that govern the Maker Protocol, has voted to pull Bitcoin onto the Ethereum blockchain by accepting Wrapped Bitcoin as a new collateral asset in the Maker Protocol, according […]

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Binance Removes FTX Tokens Citing Confusion

Binance has chosen to delist its FTX leveraged token products. Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product. “Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged […]

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