PancakeSwap rewards users with 2.4M ZK token airdrop
PancakeSwap will airdrop 2.4 million ZK tokens to reward its community and boost zkSync PancakeSwap engagement.
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Ethereum Foundation infighting and drop in DApp volumes put cloud over ETH price
ETH’s price momentum slows amid leadership disputes at the Ethereum Foundation and Solana's expanding DApp market share.
Cointelegraph Consulting survey: Mass DeFi adoption is 3–10 years away
Cointelegraph Consulting releases some trends and insights featured in their “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.” The majority of DeFi projects believe the industry is far away from maturity, but they are sure that mainstream adoption is likely to occur. This was disclosed on Sept. 21 when Cointelegraph Consulting released the…
LocalBitcoins Revenue Up 10% Despite KYC Impacting Market Share
LocalBitcoins reported a 10% increase in annual revenue for 2019 despite the platform's KYC overhaul impacting trade volume on the platform. 579 Total views 14 Total shares Veteran peer-to-peer (P2P) crypto marketplace LocalBitcoins has reported annual revenue of nearly $29.5 million for 2019.The revenue comprises a roughly 10% increase over 2018’s $26.9 million, however, the…
Bitcoin Price Charts Aligning With Bakkt Launch Points to a Big Move
Bitcoin (BTC) price is stuck within the descending triangle formation for some time now and slowly moving towards the apex of it. Interesting enough, the apex of the triangle is around the actual launch of Bakkt on Sept. 23. So is BTC price in a bearish pattern or is it just re-accumulation on a higher level?…
IMF lawyers argue that central banks need reform before they can issue CBDCs
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies. 742 Total views 16 Total shares On Friday, the International Monetary Fund published a new working paper on central bank digital currencies, or CBDCs, and their legal ramifications. In the paper, researchers including…
Meta burns another $4.5B on metaverse in Q2, preps for AI growth
Meta’s share price popped 7% in after-hours trading following a better-than-expected Q2 earnings call.
Finland Prepares For Bitcoin Ransomware Attack With Cyber Fire Drill
The Finnish Population Register Centre is coordinating a simulated ransomware cyberattack on more than 200 Finnish cities and public organizations.On Nov. 22, Finnish news outlet Yle reported that participating cities and organizations are rehearsing how to respond when a group of hackers demands the participants pay ransomware during a series of simulated cyberattacks.As part of…
Price analysis 1/24: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin (BTC) and most major altcoins are struggling to find a bottom, indicating that traders are dumping their positions out of fear. The big question on everyone’s mind is whether the selling is over or could the decline continue?UTXO Management senior analyst Dylan LeClair highlighted that the network cost basis, the average price at which…