A new Chainalysis report has revealed that decentralized exchanges (DEX) are currently outgrowing their centralized counterparts as their numbers have spiked massively within the last year. Decentralized exchanges outgrow centralized exchanges According to the Chainalysis report, DEXs such as Uniswap, Curve, and PancakeSwap saw a growth of about 550% between August 2020 to 2021. Aside …
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Nigeria’s central bank (CBN) has maintained its hostile position towards crypto assets like Bitcoin, Ethereum, Litecoin, and others has it recently ordered financial institutions in the country to close the accounts of individuals suspected to have traded cryptocurrency. CBN orders banks to close crypto trader accounts The CBN, on November 3, released a circular signed …
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3iQ expects to launch Bitcoin ETF this quarter after “favorable” ruling from Canada’s top securities regulator The Ontario Securities Commission (OSC) has ruled to allow crypto fund manager 3iQ to issue a prospectus for its prospective exchange-traded Bitcoin fund, signaling that Canada’s top securities regulator may be about to approve the launch of the nation’s …
Continue reading “Gemini’s Stephanie Ramezan shares why a spot Bitcoin ETF is critical and needed”
Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time price high at $69,000. 2013 Whale Transfers 2,207 Bitcoin Worth …
press release PRESS RELEASE. Charity donation project MUNCH announces the ground-breaking milestone of donating over 1000 ETH to various charitable projects, making MUNCH the world’s leading charitable crypto project. MUNCH is a Defi project that incorporates automatic donations into financial transactions. 3% of every MUNCH transaction is diverted, automatically converted to ETH, and then routed …
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The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset …
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On November 9, the two-time Grammy-nominated producer and DJ, Steve Aoki, announced a new partnership with the popular comic book artist and Spawn creator Todd McFarlane. The two plan to launch a non-fungible token (NFT) marketplace that leverages the Solana blockchain. The NFT marketplace will be called Odd Key and Aoki and McFarlane aim to …
Blockchain analytics platform Nansen has announced today an upcoming integration with Solana, a high-performance blockchain supporting builders around the world creating crypto apps that scale. “When @solana?” We’re thrilled to announce that Nansen will launch #Solana dashboards soon, so you can explore the top-performing #DeFi protocols and #NFTs on Solana! Reach out to our team …
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BlockDown Conference, a virtual event series launched in March 2020, is preparing for its latest edition, this time fully dedicated to decentralized data, coming this December 3rd from 2 PM to 10 PM CET. In this one-day 8-hour special conference experts and academics from across the blockchain and crypto space will join to discuss data …
Tether tokens (USDt) are now available on Avalanche, a decentralized smart contracts platform built for the scale of global finance and business, as per a release shared with CryptoSlate. Avalanche is designed as a highly scalable ecosystem, with the aim of delivering near-instant transaction finality while levying low transaction fees. It is compatible with Ethereum …
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CryptoSlate recently had the opportunity to chat with Cynthia Huang, the Growth Lead for Dtravel, a decentralized marketplace for home rentals. Cynthia Huang is the Growth Lead for Dtravel. She’s also the co-founder of Altcoin Fantasy, a crypto trading simulation game with 300K+ users worldwide and Airhosts Forum, the #1 Airbnb host community globally. Cynthia …
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154 days ago, a mystery bitcoin mining entity spent a string of 20 block rewards from 2010 that sat idle for well over a decade. Our newsdesk has been investigating this bitcoin whale’s actions since catching the entity in 2020. Now after the June 9th appearance, on November 10, the mystery whale returned once again …
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power Utility Busts 14 Crypto Farms in Homes Across Iran The Iranian government continues …
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sponsored Non-fungible tokens (NFTs) are a unique data unit contained within a digital ledger and cannot be interchanged. They are used as a representation of items that can be reproduced easily like artwork, images, videos, and audio files, among other digital files. NFTs are unique in their own way, using the blockchain technology in building …
Continue reading “Happy Hippos NFTs: A Pioneer Collection Drop”
Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns its employees against aiding cryptocurrency traders. The bank reveals …
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