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News and Articles by Diana



Defi

DeFi market capitalization exceeded $12 billion

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The total value of digital currencies trapped in the DeFi ecosystem has reached a new high. According to the service DeFiPulse.com, the market capitalization of the decentralized finance market on Friday, October 23, reached $ 12.3 billion. Over the past 48 hours, investors have funneled over a...

Brad Garlinghouse

Ripple may move to Japan or Singapore

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Ripple could move its headquarters to Japan or Singapore if it decides to leave the US due to regulatory uncertainties. That is the CEO of the organization Brad Garlinghouse. Switzerland, the UK, and the UAE are also on the list of possible countries to relocate. All of these countries have clear...

Tether

Tether turns on printing press amid bitcoin rally

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Bitcoin soared in price this week to its highest level since June 2019. On some trading platforms, the cryptocurrency exceeded $13,000. The Tether team seized the moment and released another batch of stablecoins (USDT). The issue of tokens took place in two stages on October 20 and 21, as evidenced...

BitMex

BitMEX exchange tightens control over traders

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The administration of the BitMEX cryptocurrency exchange decided to significantly reduce the time required to verify users. Said Ben Radcliffe, the commercial director of the parent company of the exchange 100x Group. According to the shortened schedule for the implementation of the plan to improve...

Ethereum

Investors massively withdraw ether from crypto exchanges

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The largest altcoin ether (ETH) started this week with a strengthening of positions: the coin had risen in price to $370 after a pullback last weekend. As developers are preparing for the release of an updated version of Ethereum (ETH 2.0), investors are massively withdrawing cryptocurrency from...

Bitstamp

Bitstamp insured users' assets upon losses linked to frauds

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European cryptocurrency exchange Bitstamp has introduced a new insurance policy that covers the theft of funds from platform users. “In addition to existing cold wallet insurance, Bitstamp customers are now protected by a separate insurance policy against losses that are related to criminal...

Vinnik

Hearings in the case of Alexander Vinnik began in France

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A new series of court hearings have begun in the Paris Correctional Court in the case of Alexander Vinnik, co-founder of the now-closed cryptocurrency exchange BTC-e who was extradited from Greece to France. Vinnik faces up to ten years in prison on charges of extortion, money laundering, and...

BTC

Santiment mentions high correlation between BTC and S&P 500

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Over the past few days, the correlation between Bitcoin and the US stock indicator S&P 500 has increased again. That is an alarming trend, analysts from the Santiment team say. Their report says that the US market is now stagnating due to the upcoming presidential elections. The Federal Reserve...

Monero

Monero has updated the max after activating the Oxygen fork

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On October 17, the Monero (XMR) developers reported on the successful network upgrade of the project. Fork Oxygen Orion was announced back in September this year. The team said in a statement that the updated version of the network would become more productive. It will integrate tools that increase...

OKEx

Spokespeople of OKEx reacted to rumors of a violation of law

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Representatives of the OKEx cryptocurrency exchange commented on the crisis in which the trading floor found itself. They denied the connection between the moratorium on the withdrawal of funds in violation of the legislation on combating the legalization of criminal proceeds. Vivienne Choi, head...

Ethereum

Grayscale reported an increase in investments in Ether

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At the end of this week, investment company Grayscale announced an increase in capital expenditure on ether (ETH). Its Ethereum Trust now has accumulated $ 869.7 million. In total, Grayscale manages digital assets totaling up to $ 6.3 billion. Recall that the company sent an application for...

Bitcoin futures

Skew team recorded an increase in Bitcoin futures trading

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After Bitcoin rose in price to $ 11,700, analysts from the Skew team recorded an increase in trading in BTC futures. Researchers have noticed a resurgence of open investor interest in the product. Trading activity is picking up this week on most futures platforms, signaling a return for...

Tether

Tether stablecoin transaction volume reaches $600 billion

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Investments in the stablecoin Tether (USDT) continue to grow: the capitalization of this digital currency already exceeds $ 15 billion. Analysts from Bloomberg recently published a report predicting that USDT could knock out Ether (ETH) from the second-largest cryptocurrency in 2021. According to...

Ether

More than 50% of Ether hasn't moved in 12 months

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Investors continue to accumulate Ether (ETH), with buying gaining momentum over the past several months. Major players are most active. They buy altcoin and refuse to sell it even when the ETH price falls. For 12 months, more than half of the supply of Ether has not moved anywhere, according to the...

Binance

Binance exchange fund $100M grants six DeFi projects

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Binance is going to donate $ 350,000 to six DeFi projects that run on the Binance Smart Chain (BSC) blockchain. According to a press release, in September, the exchange launched a fund to support promising DeFi projects. “We launched a $ 100M stock that is going to fund the development of quality...

Investors will be able to analyze potential of DeFi projects

Investors will be able to analyze potential of DeFi projects

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Many dubious crypto projects are launched in the DeFi decentralized finance market. That creates threats for investors investing in tokens. The DeFiPulse.com platform partnered with the Gauntlet team to test a score for each DeFi project. With the help of such software, an investor can analyze the...

JPMorgan

JP Morgan highlights Square's investment in Bitcoin

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One of the largest investment banks, JPMorgan, commented on earlier information about the decision of the IT company Square to invest in bitcoin. The financial giant believes this is another step towards popularizing the cryptocurrency industry. Recall that Square recently invested $50 million in...

Bitcoin

Ledger offers Bitcoin storage service to MicroStrategy

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The French Ledger, which is best known as a manufacturer of crypto hardware wallets for retail investors, has been actively promoting its Ledger Vault custodian solution, which targets institutional clients since last year. Ledger is currently offering this product to MicroStrategy, which invested...

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