Recent data reveals that the crypto economy has seen notable growth in the last month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won represented 3.53%. of all bitcoin (BTC) transactions in the previous 24 hours. Bitcoin price rises $1,300 above…
The world’s largest cryptocurrency exchange by volume is launching futures trading for an Ethereum-based altcoin (ETH) that is up more than 50% in a week. In a new announcement, cryptocurrency exchange Binance says it will launch futures contracts with up to 50x leverage for Powerledger (POWR), a decentralized energy marketplace built on ETH that democratizes…
While all eyes are on the bitcoin spot ETF, Invesco and Galaxy Digital have amended their application for an ethereum spot ETF. The ETFs were first introduced in September, joining ARK Invest, VanEck, Grayscale and Hashdex, but were modified following the approval of Ethereum futures ETFs. The decision earlier this month by the Security and…
Ethereum, the world’s most valuable smart contract platform, has generated more than $10 billion in revenue in a record seven years. At this rate, Ethereum reached this milestone faster than most major technology companies except Alphabet. Ethereum Reached $10 Billion Milestone Faster Than Microsoft and Zoom Records showed that Ethereum took about seven years to…
A decentralized finance (DeFi) protocol built on top of the Ethereum (ETH) smart contract platform has been hacked worth around $3.2 million. New data reveals that Conic Finance (CNC), which provides omnipools, or liquidity pools that allow all trades on a network to be completed in a single transaction, to Curve Finance (CRV), has been…
A little-known blockchain casino project has exploded in the last 10 days after migrating to Ethereum (ETH). Cryptocasino and exchange platform Rollbit and the project’s native token Rollbit Coin (RLB) completed their migration from Solana (SOL) to Ethereum on June 28, citing multiple reasons for the switch. “Migrating RLB to Ethereum has been the most…
Bakkt recently announced that Hanover Bank will integrate with its platform to expand access to Bitcoin and Ethereum. The New York-based financial institution will be part of Bakkt’s early adopter program and will be able to connect to the crypto platform through its mobile banking app. Related Reading | Mastercard integrates with Bakkt, merchants will…
Despite the fact that the digital currency market has suffered a huge drop in market capitalization and has lost a substantial number of pips across its various assets. However, market investors are looking for profitable opportunities to invest their money in the midst of the downward movement that is taking place in the market. With…
As we prepare for 2022, here is a list of 5 currencies you should invest in. Ethereum – Show star The Ethereum blockchain prides itself on being “the world’s programmable blockchain,” capable of hosting multiple applications. It uses cryptocurrency to mean more than money, applying it to the decentralization and disorganization of various sectors. While…
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