Grayscale is buying BTC 54% faster than it is mined so far in 2021
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days. Go to Source Powered by WPeMatico
Monstercat dance label sells $180K of musical NFTs in two minutes
Major EDM record label Monstercat sees NFTs as a new way to provide alternative revenue streams. Go to Source Powered by WPeMatico
Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their cryptocurrencies on an exchange.” In contrast, 26% of the … Read more
SushiSwap is eating into Uniswap’s market share following Yearn merger
Since merging into the Yearn ecosystem, the sometimes controversial decentralized exchange SushiSwap has been consistently eating into Uniswap’s dominance of the sector. Go to Source Powered by WPeMatico
Crypto crime dropped 57% in 2020 but DeFi hacks surged: CipherTrace
Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace. Go to Source Powered by WPeMatico
LuaSwap using TomoChain for backend transactions
Automated token exchanger LuaSwap is cutting costs by employing a second-layer alternative to transacting on the heavily crowded Ethereum mainnet. Go to Source Powered by WPeMatico
A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people can now purchase diem with U.S. dollars and three different … Read more
Ethereum dev must face jury for allegedly helping North Korea evade sanctions
Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a jury. Go to Source Powered by WPeMatico
Altcoins soar after 10% Bitcoin price breakout flips $33K back to support
Altcoins soared higher as Bitcoin price reclaimed $33,000 as support just one day before a record $4 billion BTC futures expiry. Go to Source Powered by WPeMatico
