The number of Bitcoins held on centralized exchanges has fallen by more than 10% since Black Thursday in March. Data compiled by Glassnode is showing that the number of Bitcoin (BTC) held on top crypto exchanges has steadily fallen since the violent mid-March crash that saw crypto prices tumble by 50% in a single day. […]
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Another cryptocurrency exchange delists XMR in South Korea in the midst of the Nth room sex scandal case. Cryptocurrency exchange, Bithumb, officially announced that they will be delisting Monero (XMR) from their trading platform as of June 1. According to local media outlet, Newsway, Bithumb’s delisting auditory board decided to permanently remove the coin after […]
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CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot. Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners Binance in the top spot. But this stands in stark contrast […]
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SK Telecom released the world’s first 5G phone with a blockchain-powered ID authentication service incorporated. Samsung and SK Telecom, a South Korean mobile carrier, unveiled the world’s first 5G smartphone equipped with blockchain-powered ID authentication. The phone, called “Galaxy A Quantum”, has a quantum random number generation chipset developed in partnership with Samsung Electronics. The […]
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Recent reports show an unprecedented increase in the number of women involved in the crypto market, some exchanges see a 160% surge. It is widely believed that the cryptocurrency and blockchain sectors are almost exclusively male-dominated. However, a report released by CoinMarketCap on April 30 suggests otherwise. According to analysts, the number of women in […]
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Most transactions on XRP, EOS, and XTZ do not transfer any value, according to a new research study. Research has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value. According to a research paper released on pre-print site arXiv, only 2% of transactions on the XRP ledger and 18% […]
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After Bitcoin price plummeted on May 10, several exchanges scrambled to inject liquidity into their BTC insurance funds. After a sharp drop in Bitcoin (BTC)’s value on May 10 — just ahead of today’s halving of block rewards for miners on the network — several exchanges scrambled to inject liquidity into their BTC insurance funds. […]
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On-chain data suggests that a strong selloff may not necessarily follow the upcoming Bitcoin halving. Bitcoin’s third halving is less than a day away and the cryptocurrency community remains divided on whether the price will rise or drop after the event. Interestingly, on-chain data from previous halvings suggests that after the halving Bitcoin price may […]
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The run-up to Bitcoin’s halving has driven near-record volumes, with April 30 posting the second-largest daily trade on record. Pre-halving speculation has driven historic volumes of crypto trade, with April 30 producing the second-strongest single day for volume on record according to a report published by market data aggregator, CryptoCompare. Notional volume for BTC options […]
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Binance’s entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community. Binance has launched its own mining pool. This could spell bad news for miners, but probably not for the reason you’re thinking of. We’re all aware that Binance is continuing to extend its reach across the industry. The exchange’s […]
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