BSC-based DEXs 49x Cheaper Than Ethereum’s in 2020

Binance vs Ethereum Binance Chairman CZ posted on Twitter data showing how his company’s exchange platform fares against the competition. Binance’s recently launched Binance DEX (which runs on BSC) saw over 121,000 users execute approximately 5 million trades in the past 5 months alone.

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Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020

Ripple co-founder Jed McCaleb appears to have enjoyed a prosperous 2020, having sold more than $400 million worth of XRP over the last 12 months.

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SkyBridge’s Bitcoin Cache Rises to $310M

SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.

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Bitwise’s Crypto Assets Under Management Rise Fivefold in Just 2 Months

Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management.

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This publicly listed company just bought $2 million worth of Bitcoin for its treasury

Bitcoin has seen an influx of institutional adoption over recent months. The post This publicly listed company just bought $2 million worth of Bitcoin for its treasury appeared first on CryptoSlate.

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Blockchain Investment Fund Hashed Raises $120 Million in 3 Months

Hashed, the Seoul-based blockchain investment group, has announced a new milestone after raising $120 million in three months.   The company, which launched in 2017 and has offices in San Francisco, launched Hashed Ventures, Inc.

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YIELD (YLD) Is Now Listed At BitMax and Uniswap Days after Raising $4.9 Million

YLD, the utility token of YIELD, a platform that describes itself as a portal for “simpler” DeFi, is now available for trading at Uniswap and BitMax, a press release on Dec 14 reveals. The $4.9 Million Funding It is a culmination of months of preparation by the YIELD team, and success following their Token Generation Event (TGE). Read More

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Ledger Wallet Customer Data Leak Invokes Threats, Phishing Scams, User Allegedly Loses Life Savings

The cryptocurrency hardware wallet firm Ledger was hacked last June and over a million emails were exposed, according to reports from the company at the time. Months later, the hackers who obtained the Ledger data emailed clients, sent texts to customers, and created phishing links for users to enter their seeds.

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IPO Windfalls from Airbnb Could Boost Bitcoin: DCG CEO

Aside from MicroStrategy raising $650 million for Bitcoin this past week, one of the biggest news on financial Twitter was the Airbnb IPO. After months and even years of anticipation, the global peer-to-peer rental service went public on the stock market.

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Holiday season with Crypto.com means you can earn crypto even as you spend it

The global cryptocurrency exchange Crypto. com is headquartered in Hong Kong and surpassed 5 million users in the month of October, an impressive growth within the span of twelve months. It supports thThe post Holiday season with Crypto.

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Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and the purported diamond-backed crypto token.

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Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year

Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019.

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Breaking Down the Key Statistics of the Ethereum 2.0 Launch Date

Ethereum 2. 0 finally launched yesterday after months and even years of waiting. According to data from Dune Analytics, more than 900,000 ETH, worth over $500 million, was locked into Ethereum 2. 0’s Beacon Chain.

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Grammy Nominated Hip-Hop Star Logic Dropped $6 Million Into Bitcoin Last Month

During the last few months, a slew of celebrity luminaries, millionaires, and even a number of billionaires have announced taking the plunge into the crypto asset economy. On Thursday evening, the former rapper Robert Bryson Hall II, known professionally as “Logic,” revealed he purchased $6 million worth of bitcoin last month.

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Gate.io Lists Over 45 DeFi Tokens; DeFi Ecosystem on Its Public Chain to Launch Soon

Global digital asset exchange, Gate. io, has listed over 45 DeFi projects in the past three months. The company added that it continues to list the most innovative DeFi projects for over 3 million Gate.

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DeFi Hacks Rise from Trivial to $98 Million in 2020: CipherTrace Report

In the last 10 months of 2020, losses from cryptocurrency hacks, thefts, and frauds have declined a good $1. 8 billion compared to last year. But at the same, the crimes in the “decentralized finance” (DeFi) sector jumped.

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Circle Introduces High Yield Interest Rate Accounts on the Fastest Growing Stablecoin

Over the past eight months, the market cap of USDC has surged a whopping 560%. Before the violent sell-off at the beginning of March, this stablecoin was a mere $445 million, which is ready to hit $3 billion, as per CoinGecko.

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Crypto.com Announces Turkish Language App and Exchange

November 5, 2020 —  Crypto. com has announced the release of a Turkish language version of its popular App and Exchange. Following the release of seven local languages in the last two months,  including Spanish, French, Korean, Italian, Portuguese, Traditional and Simplified Chinese, this release expands the platform’s reach to 75 million Turkish speakers who canRead MoreRead More.

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SuperRare Sells Over $4M in Digital Art as NFT Market Explodes

NFT digital artwork platform, SuperRare, has logged its best month yet, selling over $4 million in October. The platform and NFT market in general have seen exponential growth and improvements in the past few months.

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MicroStrategy Has Earned More From Its $425 Bitcoin Bet Than It Did From Its Actual Business

The bitcoin price has pulled off a blistering rally over the past couple of months. With the ballooning prices, MicroStrategy’s $425 million investment made in August and September is already paying off handsomely.

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How would you trade $1000 in BTC, ETH, and other alts in Nov 2020?

From Microstrategy’s $500 Million investment in Bitcoin to PayPal’s integration of crypto, in the past three months, we have seen it all. November 2020 is unlike any month since 2018. Bitcoin is tThe post How would you trade $1000 in BTC, ETH, and other alts in Nov 2020? appeared first on AMBCrypto.

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DeFi project Harvest Finance loses $24 million to hackers

By now, everyone knows that the DeFi sector has been the center of the attention of the crypto industry in 2020. The sector has grown by billions and billions of dollars in only a few months. However, just like it started attracting new users and investors, as well as their money — it also started attracting hackers interested in stealing that money.

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Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day

Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours. See also: Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months

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Cashfusion Use Increased by 328%, $200M in BCH Fused and Close to 20,000 Fusions

Cashfusion, the privacy-enhancing solution for the Bitcoin Cash network is nearing its one-year anniversary and during the last four months, fusions have increased by 328. 93%. The protocol recently completed a security audit and fusions are nearing 20k with close to $200 million worth of bitcoin cash fused to-date.

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Crypto.com Grows to More Than 5 Million Users in Three Months

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Here Are the Top Public Companies That Have Adopted Bitcoin as a Reserve Asset

When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset.

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NFT Craftiness: Mint a Non-Fungible Token Art Collectible in Less Than 15 Minutes

In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4. 9 million sales worth well over $128 million to-date. This week I decided to create an Ethereum-based NFT leveraging the application rarible.

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Wrapped Bitcoin tops $1B after 900% increase in two months

The recent DeFi frenzy has seen $900 million worth of Bitcoin tokenized using Wrapped Bitcoin over the past two months.

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Metamask tops the one million monthly users mark

The DeFi boom witnessed in the past last few months has spurred the popularity...

The post Metamask tops the one million monthly users mark appeared first on Coin Journal.

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Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand

Ebang International Holdings Inc. , the Chinese maker of bitcoin mining hardware, reported a net loss of $6. 96 million during the first six months of this year, down from $19. 07 million a year ago, as demand fell due to the coronavirus pandemic.

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This Statistic Shows How Small Ethereum’s DeFi Space Really Is

Ethereum’s decentralized finance space has seen parabolic growth since the start of 2020. In the past nine months, the value of coins locked in DeFi contracts has surged from around $500 million to $10 billion — a statistic that may actually undershoot true values.

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Tether reserves drop, signs of trouble?

Stablecoins have added $100 million a day in market capitalization over the past three months. Tether has contributed to this market cap with a trading volume that is 1.84 times that of Bitcoin as of The post Tether reserves drop, signs of trouble? appeared first on AMBCrypto.

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$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July

Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July.

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0x Price Analysis - DEX trading volumes top $500 million in August

0x relayer trades and trade volumes have increased substantially over the past few months and with staking now live the ZRX token has finally found a use case other than buy and hold.

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Bitcoin Held By Grayscale Rises by $690m in the Last 100 Days, Data Shows

Grayscale?s Bitcoin holdings reportedly increased by at least $690 million in the last three months.

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Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence

Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto, and stock, both companies detailed.

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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021.

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Tachyon VPN Reaches 1 Million Users in Just Six Months

The app is among the top 5 most popular DApps in the world and it is available for both Android, iOS, and macOS users.

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12 Bitcoin Cash-Fueled Flipstarter Campaigns Raise $1 Million

The Flipstarter platform has gained traction in the last five months raising $1 million in bitcoin cash for 12 different campaigns. In a recent read. cash blog post, the team behind Flipstarter’s development said the application demonstrates how “stakeholder funding of the commons can work.

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BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars

BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.

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DeFi's 'new stage' welcomed as OKEx, Binance list Curve Finance's CRV

DeFi's ecosystem has come a long way over the past few months. From a Total Value Locked (TVL) figure of $539.8 million right after the market crash in March, it has recovered extraordinarily well to The post DeFi's 'new stage' welcomed as OKEx, Binance list Curve Finance's CRV appeared first on AMBCrypto.

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ETC Group’s Bitcoin ETP Hits $49 Million Assets Under Management in Two Months

Etc Group said Wednesday that its centrally cleared bitcoin exchange-traded product (ETP) has accumulated up to $49 million in assets under management since launch on June 18, 2020. The contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed by the cryptocurrency.

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Ethereum Becoming Unusable Due to Being Super Slow or Insanely Expensive

The ever increasing ETHUSD longs have reached $700 million in notional volume, spiking 10. 5% in the past ten days, and 127% in the past three months. However, Ethereum's daily active addresses have hit a 67-day low, closing out at 351.

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Over a Million South Koreans Now Hold Blockchain-Based Drivers Licenses

Over a million South Koreans now boast of having drivers licenses issued on the blockchain, as per local reports Thursday. Blockchain ID Accepted Everywhere Launched just over two months ago in May, the South Korean program for issuing driver licenses over a public blockchain has already attracted over one million Koreans, showing huge interest inRead MoreRead More.

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DeFi has more than just yield farming to thank for the recent surge

DeFi ecosystem has come a long way over the past few months. From a Total Value Locked (TVL) figure of $539. 8 million right after the market crash in March, it has recovered extraordinarily well.

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Jeff Bezos Sells 1 Million Amazon Shares Worth $3.1 Billion

Coinspeaker Jeff Bezos Sells 1 Million Amazon Shares Worth $3. 1 BillionAmazon presently has a market cap of $1. 61 trillion. In the last 12 months, the company’s stock has over 74%.

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Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest

Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1. 4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.

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HaruBank One Year Anniversary Depicts Tremendous Growth

HaruBank, a trusted crypto savings, and deposits service provider celebrated its one year in the market with tremendous growth. According to the company, in the past twelve months, it reported transacted volume totaling approximately $30 million.

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Research: Users could save $500 Million with SegWit and batching

Transaction fees on the bitcoin network peaked in the last nine months. If everyone on the bitcoin network had been using SegWit and batching, they would have saven $500 million.

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