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FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
26.7.2021
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction...
Ethereum Gaming Token Axie Infinity Taps Another All-Time Price High
23.7.2021
On Friday, the game token utilized within the Axie Infinity gaming realm has once again captured another all-time price high at $32.17 per unit. The game token has outperformed a great majority of crypto assets by commanding more than 844% in gains during the last month. Axie Infinity Outperforms...
Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors
19.7.2021
Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%....
Crypto Regulatory Moves in US & EU, Banks Help Binance's Competitors + More News
8.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Regulation news
In a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler, US Senator Elizabeth Warren said she needed...
Top Smash Bros. Competitors Want Special Treatment
30.6.2021
Super Smash Bros. Ultimate competitor Tyler “Marss” Martins set off a firestorm in the fighting game community over the weekend when he suggested top players should be able to register for open-bracket tournaments ahead of those he deemed less important.Read more
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
19.5.2021
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or...
UNI Outperformed By Competitors After Uniswap Launched Its Third Version
6.5.2021
The native token of major decentralized exchange Uniswap (UNI) is outperformed today by its competitors after it launched its much-anticipated v3 yesterday.
At 7:49 UTC, UNI is down 5% in the past 24 hours and 3% in a week, trading at USD 41.5. As such, it has the 7th highest (per Coingecko)...
Proof-Of-Bitcoin Needed As Critics & Competitors Unite To Play Climate Card
22.4.2021
There's a new Bitcoin (BTC) initiative on the table that would see miners as energy buyers, providing complementary technology for clean energy production and storage, better return to investors, and excess energy, as well as help solve solar and wind intermittency and congestion problems...
Blockcap Mined $33M in BTC in First Quarter, Q1 Bitcoin Revenue Outshines US Competitors
17.4.2021
The Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021. Blockcap says the $33 million worth of bitcoin stems from the firm’s fleet of 12,176 mining rigs. Blockcap Rakes in 544 Bitcoins During the last...
Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
26.3.2021
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting...
Decentralized Exchange Uniswap Reveals Protocol Version 3 With New Automated Elements
25.3.2021
Roughly 28 months ago, the decentralized exchange (dex) Uniswap version one (v1) was released and then in May 2020, version two was launched with new features. The dex is by far the largest decentralized trading platform among its competitors, as the exchange swapped $7.1 billion during the last...
Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals
27.2.2021
Another firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s...
Crazy Bitcoin and Ethereum Fees Dampen Rally, Help Competitors
10.2.2021
Source: Adobe/Dušan Zidar
Bitcoin (BTC) and ethereum (ETH) transaction fees have spiked by 89% and 260% in the past month, as growing demand for BTC and ETH has overburdened both blockchains with unprecedented traffic. Moreover, Ethereum’s issues are seemingly boosting its competitors.
Bitcoin’s...
As DeFi booms, Ethereum’s blockchain competitors are catching up
21.1.2021
Decentralized finance participants eye a “multichain” future as Ethereum’s DeFi-powering peers continue to attract users and projects
Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
8.12.2020
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06...
Roll-ups to preserve Ethereum’s DeFi monopoly despite competitors: Messari
3.12.2020
Popular crypto data provider Messari has predicted that roll-ups will beat out Layer 1 alternatives as the dominant scaling solution amid Eth2’s multi-year incubation
UniSwap fights back as competitors drain value from the DEX
20.11.2020
Even as incentives continue to dry up on UniSwap, TVL across the board seems to have remained steady
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
17.8.2020
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc...
Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
3.8.2020
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...