Tagged: ethereum

Coinshares Reports Small $14 Million Inflow into Digital Assets Last Week. This Week Could be Different

Coinshares reports that digital asset investment inflows totaled $14.4 million last week. While breaking a 5-week downward trend, the amount was still pretty small. Coinshares states that total assets under management (AuM) are now $51 billion, the lowest since early August 2021, having fallen 41%… Read More

New York City Mayor Announces Plans to Convert Salary into Bitcoin (BTC) and Ethereum (ETH)

New York City’s new Mayor Eric Adams has been criticized for using of his public office in an attempt to promote the cryptocurrency sector. An upstate New York environmental group, called Seneca Lake Guardian, has stated that creating and managing virtual currency tends to consume… Read More

Qi, a Fintech that Enables Firms to Accept Digital Currencies like Bitcoin as Payment, Raises £231K+ via Crowdcube

Qi (formerly Stark Payments), a company that enables businesses to accept virtual currencies like Bitcoin, Ethereum and others as a regular payment, has raised 66% (£231,497) of its £350,000 target from 160 investors (at the time of writing) through its crowdfunding campaign carried out via… Read More

Cardano to Reach $2 This Year, Predicts deVere Group CEO

Cardano, a rival cryptocurrency to Ethereum, is likely to hit all-time highs of $2 before the end of 2022, predicts deVere Group CEO Nigel Green. The bullish guess comes as Cardano (ADA), the fifth-largest crypto, has jumped by almost 50 per cent in seven days… Read More

Security Tokens Allow Investors to Seamlessly Trade Shares in Real Estate, Hedge Funds, Private Equity Funds: Report

The team at Security Token Market (STM) has released a report titled, State of Security Tokens 2022 — Industry Overview. Peter Gaffney, the Head of Research from Security Token Advisors, notes that the “high-level” lifecycle of a security token includes the following: Asset Selection Offering Structuring… Read More

Valentin Mihov: Co-founder at Finexify Explains How they Provide DeFi Services to Tech-Savvy Investors

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

Ethereum Scaling Platform Polygon Takes Up Metaverse Journey with Liberty Gaming Guild

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More

AutoSwap, Powered by Autonomy Network, Brings Limit Orders and Stop Losses to PancakeSwap on BSC

Autonomy Network, an “off-the-shelf” decentralized automation protocol, is pleased to launch AutoSwap, which is a dApp providing limit order, stop loss, impermanent loss protection, and recurring payment features for Binance Smart Chain (BSC)-based DEXes like PancakeSwap. The dApp will also be available on Ethereum, Polygon,… Read More

Crypto Prime Broker Genesis Distributes Report on December Activity, Claims Temporary Leverage Shakeoout in Bitcoin

Genesis, a crypto prime brokerage, has published a report covering last month (December 2021). According to Genesis, their perspective shows that Bitcoin acts more like a “risk asset” than an inflation hedge – something many observers frequently ascribe to BTC. The firm said that the… Read More

Ethereum Alternatives like Avalanche, Solana, BSC Offer Performance Benefits, but Sacrifice Certain Degree of Decentralization: Report

Amber Group, a firm that helps clients buy and sell cryptocurrency products, earn yield, manage risk, and access liquidity, notes that one of the most “pressing” challenges that the Ethereum (ETH) network faces is scalability. In an extensive report, Amber Group explained that this issue… Read More

Crypto Markets Massively Outperformed Other Asset Classes Last Year, Reasonable to Expect Market Crash in 2022: Report

The team at Blockchain.com, a leading block explorer, crypto wallet, and trading platform, says that 2021 witnessed a “fourth” major bull cycle for Bitcoin (BTC) and other crypto-assets. Historically, in the years that followed the previous large bull markets, we’ve seen “a struggle to hold gains… Read More

Cryptocurrency Adoption: Bitrefill Says You can Now Live on Crypto In Saudi Arabia

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

Bitcoin Supply Increased by Only 1.8% in 2021, Ethereum EIP-1559 Considered Largely Successful, Coin Metrics Reports

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Kyle Waters and Nate Maddrey from Coin Metrics have noted that after a “transformative” 2021 marked by all-time highs for most of the major digital assets and “key on-chain metrics,” expectations are now quite high for the crypto and blockchain space this year. In their… Read More

CoinShares Reports Digital Asset Inflows of $9.3B in 2021, Compared to $6.8B in 2020

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending December 31, 2021, the firm saw yearly inflows of “US$9.3bn in… Read More

Digital Money Transfer Platform ZEN.COM Introduces Service that Converts Fiat to Virtual Currency

Digital money transfer service ZEN.COM, which is reportedly powered by Mastercard (NYSE: MA), has introduced the conversion of fiat money into digital assets, as well as the “transfer of fiat currencies to any digital wallet servicing BTC, ETH or USD-T (ERC-20), with more currencies coming… Read More

LTD.INC, which Works with Creators to Launch Ethereum based NFT Collections, to Introduce Web 3.0 Platform

LTD.INC, a curated platform that teams up with various artists, creators, and brands to launch rare physical and digital NFT collections and experiences via the Ethereum (ETH) blockchain and the latest NFT tech, has announced the “upcoming launch of its Web 3.0 platform and mobile… Read More

Crypto Derivatives: Bitfinex Derivatives Is Now Offering Curve DAO Token Perpetual Swaps

Bitfinex Derivatives provides a derivatives platform that’s accessible via Bitfinex, a digital token trading platform. Bitfinex Derivatives has announced the launch of a perpetual contract for Curve DAO Token (CRVF0:USTF0). Curve DAO Token (CRV) is an Ethereum token that is used to power transactions via… Read More

Daily Usage Patterns of Tether Issued on Ethereum Shifted in 2021, Coin Metrics Reports

The Coin Metric State of the Network Report #135 notes that decentralized finance (DeFi) has experienced tremendous growth during the past few years. At present, the most widely-used metric to measure DeFi adoption is called “Total Value Locked”, or TVL. According to Coin Metrics researchers,… Read More

Chainlink Keepers Are Helping Smart Contract Devs on Ethereum, Polygon, BSC with Creating Seamless dApps

Chainlink Keepers is a decentralized transaction automation solution that allows smart contracts to effectively automate important functions and DevOps tasks in a reliable, “trust-minimized”, and cost-efficient way. Blockchain developers, teams, and distributed autonomous organizations or DAOs are able to leverage Chainlink Keepers as a type… Read More

Crypto Exchanges See $598M Stolen in First Half of December: Elliptic

More than half a billion dollars worth of cryptoassets were stolen from exchanges in the first half of December, compliance firm Elliptic said in a recent blog post. On Dec. 11 and 12, close to $83 million was stolen from AscendEX, a cryptoasset exchange that… Read More

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