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News and Articles by Diana



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...

Andrew Bailey

Bank of England governor confirmed his attitude towards BTC

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Bank of England Governor Andrew Bailey is still extremely skeptical of Bitcoin. Last Monday, October 12, the head of the Central Bank at one of the events expressed concerns about the growing popularity of cryptocurrency. Bailey recalled that the use of BTC as a payment instrument poses threats to...

Ledger

Ledger passed data control system security audit

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The French company Ledger, a manufacturer of cryptocurrency hardware wallets, has received an audit opinion regarding the security of data control systems (System and Organization Controls, SOC). According to the press release, the audit was conducted by the New York-based company Friedman. This...

Bitcoin will benefit from Joe Biden's election as President

Bitcoin will benefit from Joe Biden's election as President

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If the Democratic candidate Joe Biden becomes the president of the United States, then the phase of mass adoption of bitcoin will begin. They published a report later this week, which also says that if Biden wins the election, the likelihood of Bitcoin ETF approval is high. If a new team comes to...

Bitcoin

Bitcoin network continues to expand rapidly

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The number of addresses with non-zero balance continues to grow in the Bitcoin network. That is evidenced by the latest data from the Glassnode service. In the middle of this week, it became known that 3.141 million wallets own 0.1 BTC or more. If you look at the graph provided by analysts, you...

BitMex

BitMEX CTO released on $ 5 million bail

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Samuel Reed, co-founder and CTO of the BitMEX crypto derivatives exchange, was released on $5 million bail. Reed was arrested in Massachusetts on October 1. The US Department of Justice has opened a criminal case against Reed and other BitMEX executives for violating bank secrecy laws and...

Bitcoin

Willy Woo predicts Bitcoin rally to resume in 2021

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In the fourth quarter of 2020, Bitcoin is expected to strengthen, but a large-scale expansion will begin next year. So says famous analyst Willie Wu, who posted on Twitter a series of posts in which he analyzed the medium-term prospects of the largest digital currency. The cryptocurrency market is...

Pantera Capital

Pantera Capital wants to enter the DeFi market

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The management of the hedge fund Pantera Capital plans to enter the DeFi decentralized finance market soon. That was stated by Joey Krug, representing the investment division of the fund. He noted that at present, the lion's share of Pantera Capital's portfolio is concentrated in bitcoin. However,...

Justin Sun

Justin Sun spoke about the development of DeFi on the Tron

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During a speech at the LA Blockchain Summit, Justin Sun stated that Tron is the best blockchain for Decentralized Finance (DeFi) protocols, most of which run on Ethereum today. “We are building the same DeFi ecosystem as Ethereum,” Sun said. “Tron has its version of all broadcast products....

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