Bitcoin mempool clogs up with 125K transactions waiting
While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs. Go to Source Powered by WPeMatico
Month: February 2021
CME’s Ether futures drove more than $30M volume on first day
More than $30 million worth of Ether contracts changed hands on CME during the market’s first day of trade. Go to Source Powered by WPeMatico
Virtual land can be worth more than the real thing after plot sells for record $1.5M
Digital land is breaking new ground in terms of the price it can fetch, sometimes beating out the real thing. Go to Source Powered by WPeMatico
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.” Go to Source Powered by WPeMatico
Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over $29 million on February 8, 2021. Blockfi Launches a Competitive Bitcoin Trust With a Sponsor … Read more
DeFi wars heat up as Curve Finance TVL hits $3.99B, surpassing Uniswap
Curve Finance has surpassed Uniswap’s total value locked, a sign that competition between DeFi protocols is heating up. Go to Source Powered by WPeMatico
Darknet market link provider claims its Bitcoin donors’ accounts were frozen
The admin of a well-known darknet market link provider claims its donation address was flagged as suspicious after it criticized Chainalysis’ KYT flagging system. Go to Source Powered by WPeMatico
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. Final Certificate of Incorporation Granted on February 5 According to Money Today, DBX received the operating license … Read more
Helium (HNT), Avalanche (AVAX) and Pickle rally on partnership announcements
Partnership announcements, improving fundamentals and growing interest in DeFi are driving the price of Helium, Avalanche and Pickle higher. Go to Source Powered by WPeMatico
Bitcoin Futures Open Interest Smashes $15 Billion, CME Registers Over $33 Million in ETH Contracts
Following the revelation that Tesla now owns $1.5 billion in bitcoin, crypto spot markets across the board skyrocketed. Data shows that crypto derivatives markets also saw significant demand as bitcoin futures open interest tapped $15 billion on Monday. Moreover, this week was the start of ethereum futures on CME Group’s exchange, and ether-based futures registered … Read more
