Bancor Aims to Increase the Number of DeFi Users by 600%

TheMerkle Bancor ConcernsThe world of decentralized finance has captivated a large audience. Pushing this concept to new heights is what the Bancor team aims to achieve. It is certainly true that decentralized finance is gaining traction globally. A new Airdrop by Bancor This business model follows the concepts of decentralized exchanges and decentralized applications in the cryptocurrency industry. Improving upon the existing liquidity will prove challenging, as it is still a rather niche market.  Bancor seemingly has big plans in this regard. As the leading decentralized liquidity network, Bancor will organize a new airdrop in the coming weeks. The objective is to

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The Jim Bell System

The Jim Bell SystemAs I write this article on July 3, 2002, I am already hearing out my window the occasional pops of micro-explosives enthusiasts getting a head start on their annual excuse to play with things that go bang and supposedly celebrate their freedom. Tomorrow, libertarians across the country will use the holiday as an opportunity to […]

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Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit

Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh but older mining rigs […]

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Monero Developers Complete the RandomX Upgrade

TheMerkle Monero Developments 2018The Monero developers have successfully completed another network upgrade. This particular update is of keen interest, as it effectively introduces RandomX as a new algorithm. Some crypto enthusiasts may recall how the Monero community was funding a new project. Monero Keeps Forging Ahead The money would be used to have an independent of the RandomX protocol take place and collect valuable feedback from it. It now appears that process has been completed successfully and yielded satisfactory results to boot.  The algorithm has not just been audited, it is now also an official part of Monero the cryptocurrency. As part of

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Swiss Licensed Crypto Bank Expanding Into 9 Markets

Swiss Licensed Crypto Bank Expanding Into 9 MarketsA fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. The bank has launched its investment business including a cryptocurrency index. Also read: Swiss Crypto Bank SEBA Launches […]

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‘In Small Steps’ China Cuts Benchmark Interest Rates

‘In Small Steps’ China Cuts Benchmark Interest RatesCareful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a brewing liquidity crisis, however, not all effects might in the end turn out […]

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