Simplex Tie-Up With Kava Brings Fiat Directly to Defi

Simplex Tie-Up With Kava Brings Fiat Directly to DefiAs Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility and Participation As decentralized finance (defi) regains its footing following the May decline in total-value-locked […]

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Wallstreetbets Forum Members Targeted by a Crypto Scam That Reportedly Left Over $2M in Losses

Wallstreetbets Forum Members Targeted by a Crypto Scam That Reportedly Left Over $2M in LossesThe famous Wallstreetbets (WSB) Reddit forum has made headlines again in the cryptocurrency community, but this time around, it’s not because of ban-related topics or endorsements on a digital asset. Some WSB members reportedly fell into a crypto scam which has left people with millions of dollars in losses. Fraudsters Promoted a Fake Coin Named […]

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Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

Bitcoin's Market Dominance Slides to 50%, While Ethereum's Valuation Climbs HigherBitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations have dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s […]

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XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven Days

XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven DaysThe value of Ripple’s XRP token soared to $1.09 on April 6, 2021, making it the first time the crypto has surged past the $1 mark in nearly three years. The token’s new 52 week high has coincided with an altcoin price rally which has seen the value of some tokens surging to new all-time […]

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Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%

Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during Monday’s trading sessions. Market aggregators show the crypto economy’s […]

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Binance Donates $1 Million in Crypto for Australian Bushfire Relief

Binance Donates $1 Million in Crypto for Australian Bushfire ReliefThe cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent bushfire season is considered to be the worst in living memory, […]

The post Binance Donates $1 Million in Crypto for Australian Bushfire Relief appeared first on Bitcoin News.

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Stablecoins and Exchange Coins – What’s the Difference From the Ol’ Corporate Bond?

Stablecoins and Exchange Coins - What's the Difference From the Ol' Corporate Bond?A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native tokens across the crypto space. The near […]

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The Daily: UK’s Revolut Seeks EU Licenses, Quppy Launches Wallet With BCH

The Daily: UK’s Revolut Seeks Licenses in the EU, Quppy Launches Wallet With BCHBritish-based digital bank Revolut has applied for financial licenses in two European Union member states, Lithuania and Luxemburg, in the light of risks associated with Brexit. We’ve covered its progress in The Daily. Also in the rubric on Wednesday, Estonian startup introduces multi-currency wallet supporting BCH, Binance increases the market supply of its BNB coin, […]

The post The Daily: UK’s Revolut Seeks EU Licenses, Quppy Launches Wallet With BCH appeared first on Bitcoin News.

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