Category: Cryptocurrency
dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t. 688 Total views 69 Total shares Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives […]
Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70% in 2022. 1850 Total views 122 Total shares The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm. A report published by Insider Intelligence shows […]
A study claiming that psychopaths and others with ‘Dark Tetrad’ personality traits are drawn to crypto has been criticized as “meaningless” for showing very weak correlativity by a psychology expert from The University of Otago. Researchers with backgrounds predominately in marketing and advertising from the Queensland University of Technology (QUT) surveyed 566 people on their […]
Market tracker DappRadar and the Blockchain Game Alliance, or BGA, published the Blockchain Games Report for Q1 2022 on Wednesday. After citing that $720 million was invested into blockchain games and infrastructures in February in a previous report, the latest number for total Q1 investment is $2.5 billion. Venture capitalists and other investors raised $4 […]
Victoria McLoughlin will be responsible for supervising crypto firms based in the U.K. as well as supporting development of a regulatory framework in line with government policy. 258 Total views 6 Total shares Victoria McLoughlin, who has worked more than 11 years at the Financial Conduct Authority, is temporarily heading the digital assets department of […]
MakerDAO is currently the fourth largest DeFi protocol as per TVL rankings with $14.24 billion in locked value. 436 Total views 11 Total shares MakerDAO, a decentralized autonomous organization (DAO) serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum rollup, StarkNet. Expected to become fully […]
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration. 784 Total views 36 Total shares Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On […]
The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility. 2708 Total views 35 Total shares The stock market has once again made crypto look stable by comparison with the Netflix stock price dropping 25% in after-hours trading tod. The […]
A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment, as more criminal groups want only XMR. 2490 Total views 65 Total shares A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the […]
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. 1232 Total views 54 Total shares The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon […]