DeFi

Bittrex, following a legal dispute with the SEC, has been granted approval by the bankruptcy court to close its U.S. operations. As part of the process, the company will systematically wind down its activities, ensuring full payment to the remaining creditors. Importantly, Bittrex’s financial situation did not involve a funding shortfall, and customers were given […]

Within the dynamic realm of cryptocurrency markets, there exist formidable entities known as crypto whales, distinct from the majestic ocean-dwelling creatures. These crypto whales are individuals, groups, or entities that wield substantial holdings of digital assets, akin to financial giants such as Warren Buffet or Peter Lynch in traditional finance. Much like their counterparts, crypto...

Exchanges serve as the vital core of the cryptocurrency market, facilitating the seamless movement and transformation of cryptocurrencies and tokens as acan prove to be a daunting task. Each exchange operates under its own unique set of regulations, fee structures, features, and investment opportunities. Hence, the significance of selecting an exchange that harmonizes with your […]

In a strategic move reflecting changing sentiments in the cryptocurrency market, Ark Invest recently offloaded a substantial portion of its holdings. On Monday, the investment management firm made significant divestments, selling 42,613 shares of Coinbase, a prominent cryptocurrency exchange, and 100,739 shares of the Grayscale Bitcoin Trust (GBTC). These actions come against the backdrop of...

What is BestWallet? BestWallet is an advanced digital wallet designed to offer both security and convenience for cryptocurrency enthusiasts. At its core, BestWallet serves as a safeguarded repository for a wide range of digital assets, providing users with a dependable and user-friendly platform for storing, managing, and even expanding their crypto holdings. The application stands […]

Venturing into the world of crypto staking may initially appear intimidating, yet it stands as a more accessible path than the intricacies of mining or trading. With the aid of centralized exchanges and dedicated staking platforms, a growing number of investors have discovered that staking is a straightforward way to embark on a journey toward […]

The UK’s Regulatory Authority Sounds the Alarm on 143 Unregistered Cryptocurrency Companies, Raising Concerns About Regulatory Gaps Prominent players such as the cryptocurrency exchange Huobi/HTX and the digital asset trading platform KuCoin have been flagged in the FCA’s advisory. The FCA’s action has reverberated throughout the investor community, underscoring the pressing...

In the ever-evolving world of blockchain technology, the role of Daily Active Developers (DADs) is paramount. These individuals and teams are the driving force behind the continuous development and maintenance of blockchain software. In this context, we delve into what DADs are and the diverse roles they play in shaping the blockchain landscape. Understanding What […]

In a significant development, Coinbase, a prominent cryptocurrency exchange operator, has been awarded a crucial regulatory license in Singapore. The Monetary Authority of Singapore officially granted the company a Major Payment Institution license, following last year’s provisional approval. This noteworthy development emerges amidst an ongoing regulatory dispute between Coinbase and...

Understanding Daily Active Users (DAUs) is crucial in the blockchain and cryptocurrency space, akin to assessing a conventional business’s customer base. High DAU counts indicate a thriving ecosystem, attracting developers and fostering innovation. In this article, we’ll explore the top blockchains of 2023 by DAUs, offering insights into blockchain technology’s success and...