Decentralized Finance (DeFi) has become an explosive topic in crypto’s realms, with the sector realizing immense growth in recent years. Currently, there are over $20 billion in digital assets that have been locked across various DeFi protocols. The platforms offer excellent investment opportunities for digital currency enthusiasts. Allowing them to
-Jack Dorsey partners with Jay-Z to create 500 BTC blind Bitcoin Trust.-Dorsey is a known long-time supporter of bitcoin with “#bitcoin” as his Twitter profile. -Over the past year, many companies supported more than 25 developers and projects with an approximated $3.46 million. Twitter co-founder and CEO Jack Dorsey partnered with
-Binance has suspended Nigerian deposits.-Following the new request of the Central bank of Nigeria (CBN) to boycott cryptocurrencies and crypto trade.-Nigerians voiced their uneasiness utilizing the hashtag #WeWantOurCryptoBack multiple times. Digital currency exchange Binance suspended Nigerian deposits. Following the new request of the Central bank of Nigeria (CBN) to boycott
CoinSwitch Kuber, a crypto investment firm has raised $15 million (₹109 crores) in funding, led by Ribbit Capital and Paradigm. Crypto investment firm CoinSwitch Kuber raised $15 million The firm raised funds as part of its Series A funding round headed by Ribbit Capital, a global fintech & crypto investor,
Binance the world’s best cryptocurrency exchange has recently listed the REEF token. Active trading on finance has started with USDT and BTC pairing. (REEF/BTC, REEF/USDT) REEF the first token to build on Polkadot. REEF token is expected to reach above $0.05USD in 2021. About Reef: Smart liquidity aggregator and yield
Coinbase will suspend XRP trading next month. The XRP suspension is followed by the SEC lawsuit against Ripple. In addition, full-suspension will take place from January 19, 10:00 AM PT. XRP price dropped over 60% in 10 days. Coinbase announced that Ripple (XRP) trading will be suspended by January 2021.
WaterDrop (WDP) is an Ethereum blockchain-based decentralized token platform. However, the WDP token is the native token of the decentralized cryptocurrency exchange “Water”. WDP has the same function as Bitcoin, Ethereum, and Bitcoin Cash. Moreover, the WDP token is an ERC-20 token. It is a governance and community-driven token. And
TETHER When there is no stability on coins value and it is volatile, users will be confused about buying goods and services in fear of losing coins value. Though the cryptocurrencies like Bitcoin and Ethereum have been used more for transactions like online payments, they are not reliable using it
After Bitcoin’s success, blockchain technology was growing enormously. Developers found that Bitcoin‘s benefit was very narrow and limited to only one purpose(money). Bitcoin has failed to impact the tech and financial services, because of the limited functionalities. In order to overcome these limitations, developers thought of creating a blockchain-based platform
HDR Global Trading Limited, the parent firm of the cryptocurrency exchange Bitmex is facing a civil lawsuit claiming the exchanges three co-founders looted $440 million from the platform. HDR Co-founders faced criminal charges Moreover, the co-founders of the exchange are Arthur Hayes, Ben Delo, and Samuel Reed. However, they have
