DeFi growth boosts oracle market competition — RedStone co-founder

Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem. 266 Total views 1 Total shares An environment of healthy competition is being fostered between the Ethereum ecosystem’s top development firms building zero-knowledge Ethereum Virtual Machines (zkEVMs) to scale the network, according to one of Polygon’s co-founders.Jordi…

As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense. 493 Total views 7 Total shares The Securities and Exchange Commission (SEC) is attempting to block XRP holders from aiding in Ripple’s defense, and prohibit…

Brazilian crypto exchange XDEX, which is owned by the largest stock broker in Latin America, announced the end of its activities. The company announced its closure on March 31:"Today, we announce that XDEX is starting the process of closing its activities. Market projection, competition and few regulatory advances reduced the opportunities found at the beginning…

Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, having a notional value of over $740 million.Usually, major expiry events bring about a considerable change…

Millennials are most likely to seek alternative financial services and assets such as crypto, and younger generations are hopping on to the bandwagon leading researchers to expect a crypto boom in 2022. Data shows that Millennials in the United States are flocking to alternative financing methods such as crypto assets to boost their financial well-being.A…

Analysts predict ETH ETF’s launch for June, Bitcoin dips as Mt. Gox wallets move, and Binance France changes ownership.

It seems to be the season of giving, and Bitcoin is doing just that, at least for its institutional backers, such as MicroStrategy, Galaxy Digital, Square and Marathon Patent Group, which got in somewhat early on the BTC gravy train.In this regard, PayPal revealed on Feb. 4 that its fourth-quarter profits for the year 2020…

Chinese supplier MicroBT will be providing the new hardware over the next two years. 1318 Total views 12 Total shares One of the largest publicly traded Bitcoin mining operations in the world, Bitfarms, has undertaken to purchase 48,000 new miners over the next two years.The Canadian mining company has sourced the equipment from Chinese supplier…

Top five Cryptocurrency exchange OKEx has launched support for Thai baht-crypto trading on its client-to-client (C2C) platform, a press release shared with Cointelegraph on Feb. 14 reveals.According to the press release, currently only Bitcoin (BTC), Tether (USDT), Ethereum (ETH) and Litecoin (LTC) can be traded with the Thai baht on the exchange’s peer-to-peer platform.The exchange…