Bitcoin trading on DBS Digital Exchange (DDEx), the cryptocurrency exchange arm of Singapore’s DBS Group Holdings, increased exponentially in 2022 despite the winter’s wipeout of billions of dollars in market value. Bloomberg claims that Bitcoin trading volume on the exchange increased by 80% year over year. Bitcoins held in DDEx’s
To implement the planned deployment of Uniswap v3 on the BNB Chain, the Uniswap Decentralized Autonomous Organization (DAO) has just completed the final vote that will be employed. Almost two-thirds of DAO delegates approved the Friday move, as reported by the platform that collected the votes. A follow-up vote held
According to its annual filing to the Securities and Exchange Commission, payments giant Paypal possessed more than $500M worth of the two major cryptocurrencies as of December 31, 2021. Included in the total were $291M in Bitcoin (BTC) and $250M in Ethereum (ETH). In addition to the $534 million in
According to the Uniswap DAO forum, Andreessen Horowitz (a16z), a venture capital company, voted against the final proposal to deploy Uniswap v3 on the BNB Chain through the Wormhole Bridge. 0xPlasma Labs, speaking for the Uniswap Community, presented a governance request on February 2. To deploy the current version of
BNB Chain, Binance’s blockchain platform, has lately indicated a desire to create a Web3-based storage infrastructure, which it has dubbed BNB Greenfield. The whitepaper they released on their official Twitter page indicates that it will be integrated into BNB Chain’s decentralized storage architecture, which provides end users and decentralized applications
Prominent cryptocurrencies Bitcoin ($BTC) and Ethereum ($ETH) continuously signal bullish momentum even after the largest crypto lender, Genesis Global, filed for bankruptcy protection. At the time of writing, $BTC traded at $20,956, and $ETH traded at $1550 with notable price surges. Recently, failures and scandals in the cryptocurrency industry reaching
Twitter is a wide and a popular social media platform which connects people worldwide, especially crypto networks. After the purchase by Elon Musk, there were some interesting updates on Twitter. One among them is the price chart of cryptocurrencies on the search results. In order to enhance the user experience,
After the Grayscale Digital Large Cap Fund liquidated its investment in the Avalanche network on Thursday, the AVAX token dropped by around 3% on Friday. On Friday morning, Grayscale filed a notice with the SEC detailing the rebalancing, explaining that it had “adjusted the fund’s portfolio by selling Avalanche (“AVAX”)
BNB Chain has made significant advancements by onboarding subsequent billion users into the Web3 arena. The BNB Chain developer announced on December 22 that the total number of unique addresses on the BNB Chain has overtaken Ethereum. The Binance network’s extensive possibilities drew multiple interesting DeFi, GameFi, and SocialFi projects,
OpenSea, a marketplace for NFTs, has stated that it intends to incorporate BNB Chain on its Web3 NFT marketplace protocol by the end of 2022. Because of Seaport Protocol, OpenSea users will soon be able to list, trade, and acquire BNB Chain NFTs. Binance’s BNB token is used to fuel
