While last month is largely considered to be the worst month the crypto market has seen since the 2017 crash, not all metrics point to the demise of the industry. According to the latest data from Dune Analytics, non-custodial exchanges on Ethereum have seen a massive rise in trading volume, a ...
The founder of peer-to-peer lending platform for digital assets, DeFiner, believes the launch of Ethereum 2.0 could be the catalyst for DeFi (or decentralized finance) growth. Jason Wu, who foresees 2020 as the year of DeFi following its birth in 2018 and the further growth it witnessed i...
From 12:00 a.m. on March 12 to 12:00 a.m. on March 13, 2020, bitcoin dumped from $760, first to $5500 in just 24 hours. In the following years, the market value of the company was down to $3600 and lost $55 billion market value. BitMEX is suspected of finally stopping the avalanche of pri...
The projected success of how the crypto space will be stimulated in 2020 by the uptake of decentralized finance (DeFi) based on several industry predictions is now being suggested to be threatened by the ensuing debate over the implementation of ProgPoW on Ethereum. DeFi projects have be...
Amidst reports that the world's total debt load has risen to $253 trillion, or 322% of its GDP, and that the price of Bitcoin surged to a two-month high, Asia's top crypto data aggregator, CoinGecko, has released its year-end report which shows 2019 was not at all bad for the top cryptocurre...
China's proposed move to be the first large global economy to introduce a digital version of its fiat currency has been strengthened by an encryption law which became effective on Jan. 1. The law, which was adopted in October according to Xinhua, will regulate government and private uses of ...
As the year draws to an end, the branding of 2019 as the year of decentralized finance (or DeFi) seems to have paved the way for industry insiders to make projections on what the coming year would bring for the concept. DeFi has become easily topical even though many are still grappling with u...
Financial products of the major crypto exchange in China are focusing on depositing crypto to generate interest, and the interest comes from the income of leverage trading is lower than the average level; Crypto wallet is the most used access to provide financial products, involving deposit, Sta...
Major cryptocurrency exchange Huobi is developing a new public blockchain focused on decentralized financial (DeFi) services in collaboration with Chinese blockchain startup Nervos, according to a press release on July 1. The joint initiative, provisionally named Huobi Finance Chain, i...
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