Swiss Digital Asset Exchange SDX: 10% of Global GDP to be Tokenized by 2027
Peter Golder, chief commercial officer of Swiss digital asset exchange SIX Digital Exchange (SDX), said at the Singapore Fintech Fest...
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Singapore's Wufoo Capital CEO: Cryptocurrencies still have four major risks when incorporated into a portfolio
Nov 12, 20219465 Views
Nov 12, 2021
Nov. 12， According to an article published in Fortune by Singapore's Wufoo Capital CEO George Ng, there are still four major risks associated with the inclusion of digital cryptocurrencies in investment portfolios, namely: price volatility risk, regulatory risk, security risk and risk of being less friendly to the environment.
Nov. 12， According to an article published in Fortune by Singapores Wufoo Capital CEO George Ng, there are still four major risks a...
Share InJ.P. Morgan: Crypto Bank Silvergate Capital Shares Have 60% Upside
Nov 12, 202113889 Views
Nov 12, 2021
Nov. 12 ，JPMorgan analyst Steven Alexopoulos says crypto bank Silvergate Capital is emerging as a fundamentally solid stock with great growth potential in a volatile crypto market. 59% upside from Wednesday's close. He says the bank has the largest number of crypto customers thanks to its real-time payment network, Silvergate Exchange Network, which helps crypto exchanges and institutional investors execute trades around the clock. sen has more than 1,300 digital currency customers, whose deposits have grown nearly sevenfold since 2017 to more than $11 billion. Alexopoulos writes that Silvergate, as a bank purely serving the crypto ecosystem, not only has tremendous growth potential, but also one of the best balance sheets in the industry.
Nov. 12 ，JPMorgan analyst Steven Alexopoulos says crypto bank Silvergate Capital is emerging as a fundamentally solid stock with gr...
Share InU.S. Blockchain Political Action Committee Announces Launch, Will Work to Advance Blockchain and Cryptocurrency Innovation
Nov 12, 202114269 Views
Nov 12, 2021
Nov. 12 ，The U.S. Blockchain Political Action Committee (PAC) announced its official launch and plans to raise $300 million to advance and support current and future innovation in digital assets and blockchain in the United States. The U.S. Blockchain PAC seeks to advance U.S. innovation and dominance by challenging all proposed federal legislation, including the bipartisan Infrastructure Investment and Jobs Act (2021), which would impose a regressive tax on cryptocurrency exchanges, digital asset transfers, miners, node operators, bitcoin ATM operators, and software developers.
Nov. 12 ，The U.S. Blockchain Political Action Committee (PAC) announced its official launch and plans to raise $300 million to adva...
Share InOptimism, an Ethernet Layer 2 Scaling Solution, Completes EVM Equivalency Upgrade
Nov 12, 20218483 Views
Nov 12, 2021
On Nov 12, Optimism, an Ethernet Layer 2 scaling solution, announced the completion of its EVM (Ethernet Virtual Machine) equivalency upgrade, which will be fully aligned with the EVM specification rather than just compatible, simplifying the development process for developers and reducing transaction costs. Optimism has merged OVM 2.0 changes into its main branch on November 11. Other major OVM 2.0 version improvements include: contracts whose source code has not been verified by Etherscan will be removed along with their storage, contracts whose source code has been verified will be recompiled with the standard Solidity compiler, EOA will no longer be a contract wallet, etc.
On Nov 12, Optimism, an Ethernet Layer 2 scaling solution, announced the completion of its EVM (Ethernet Virtual Machine) equivalency...
Share InDCG Mining Subsidiary Foundry Offers Digital Services for 20 Blockchain Networks
Nov 12, 202114224 Views
Nov 12, 2021
Foundry, a subsidiary of Digital Currency Group (DCG) and cryptocurrency mining and consulting firm, announced Wednesday the launch of a new platform called Foundry Staking. The company said the product currently supports 20 blockchain networks and will offer digital asset collateralization and consulting services in the future. So far, the service covers 20 blockchains, including PoS networks such as Horizen, Solana, Helium, Flow, Livepeer, Near Protocol, Provenance and The Graph. Essentially, participants can connect to different networks from Foundry's service to earn PoS rewards, and the company hopes to make pegging PoS networks "more accessible to institutions."
Foundry, a subsidiary of Digital Currency Group (DCG) and cryptocurrency mining and consulting firm, announced Wednesday the launch o...
Share InConsenSys report: 3.4 million existing addresses in Ether interact with DeFi protocol
Nov 12, 202111343 Views
Nov 12, 2021
Nov. 12，According to ConsenSys' Web 3 Q3 2021 report released this week, Ether's vast Web 3.0 ecosystem -- which includes most of DeFi, stablecoin, NFT and the blockchain gaming world -- continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. -continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. As Tether faces increasing regulatory pressure and the supply of stablecoins on ethereum becomes more diverse, USDC and BUSD have grabbed some of USDT's market share, according to the report. DeFi borrowing grew significantly, reaching an all-time high on Sept. 6 with about $24.7 billion in outstanding debt, according to the report. According to ConsenSys, among the top five smart contract platforms TVL, Ether still holds a majority share of 77%, followed by Binance and Solana with 10% and 5% respectively.
Nov. 12，According to ConsenSys Web 3 Q3 2021 report released this week, Ethers vast Web 3.0 ecosystem -- which includes most of DeF...
Share InJ.P. Morgan: DeFi growing fast but still not in the mainstream
Nov 12, 202110907 Views
Nov 12, 2021
Nov. 12 (Bloomberg) -- DeFi is growing rapidly but still not in the mainstream, according to a JPMorgan Chase report. Over the past year, DeFi on the Ethernet network has experienced explosive growth in US dollar terms, but mainly thanks to the 10-fold appreciation of ETH prices. After price adjustment, the increase in DeFi on the Ethernet network has not been significant. Ether's DeFi share has fallen to less than 70% from nearly 100% at the beginning of the year. Adjusted for share, JPMorgan estimates DeFi's annual increase in volume terms to be around 50%. As it stands, the DeFi space, while full of innovation, is still not being embraced by mainstream investors, and the main drivers of growth are still established crypto investors who use DeFi to gain leverage and liquidity, or to earn interest income on their crypto holdings. deFi is still in the early stages of development and has great growth potential. However, it still faces numerous hurdles before entering the mainstream, particularly regulatory hurdles.
Nov. 12 (Bloomberg) -- DeFi is growing rapidly but still not in the mainstream, according to a JPMorgan Chase report. Over the past y...
Share InBlockchain WiFi Sharing Network Wicrypt Network Raises $1.5 Million Led by AU21 Capital
Nov 09, 202113225 Views
Nov 09, 2021
Nov. 9, Wicrypt Network, Africa's first blockchain-based WiFi sharing network, has closed $1.5 million in funding led by AU21 Capital, with participation from Sandeep Nailwal (founder of Polygon), Cardano's Occam, Inclusion Capital, Outlier Ventures, Chain Capital, Pluto Digital Assets, Omega Ventures, N7 Labs, and PolkaFoundary. Outlier Ventures, Chain Capital, Pluto Digital Assets, Omega Ventures, N7 Labs, and PolkaFoundary.
Nov. 9,Wicrypt Network, Africas first blockchain-based WiFi sharing network, has closed $1.5 million in funding led by AU21 C...
Share InPeople familiar with the matter: Bitmart is seeking to raise $20 million at a $300 million pre-investment valuation
Nov 09, 202112056 Views
Nov 09, 2021
Nov. 9，Cryptocurrency exchange Bitmart is in talks to raise about $20 million at a pre-investment valuation of $300 million, people familiar with the matter said. Alexander Capital Ventures, known for backing Airbnb and Spotify, is approaching Bitmart to lead its Series B funding, the sources said. Bitmart has raised about $10 million in early funding, according to Crunchbase data. The exchange had $65 million in revenue in the first half of 2021, the sources said. The exchange offers spot trading, leveraged futures trading, lending and pledging services for retail and institutional investors.
Nov. 9，Cryptocurrency exchange Bitmart is in talks to raise about $20 million at a pre-investment valuation of $300 million, people...
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From cloud computing power to super computing power, SolaRoads global AI supercomputing supply platform sets off a new form of computing power
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D-NFT officially listed tomorrow chain mining, miners mortgage D-NFT token directly to get ETH
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