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Moonriver Surpasses 8 Million Transactions as Polkadot Parachain Auction Progresses

Moonriver, a canary-test network for the Moonbeam protocol, reached a milestone this week by hitting eight million transactions on its network, becoming the leading parachain in Kusama. The platform announced on Twitter that it had reached the multi-million transaction count on Nov. 10, making it the largest adopted parachain on the Kusama Network. Moonriver is one of the many successful parachains on Kusama, and it has secured a parachain slot for 2022 with over 60+ live...

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FBI: Fraud Involving Crypto ATMs Is Through the Roof

It looks like fraud involving digital currency ATMs in the U.S. is shooting through the roof. Now that the entire space is worth approximately $3 trillion, many illicit players are seeking to take advantage of those who have saved up their assets, and ATMs are playing a huge role in the jump in crime. Crypto Fraud Using ATMs Has Gotten Bad There are more than 26,000 crypto-based ATMs in the U.S. alone. When one considers that there were only a little more than 4,000 in...

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Verlux NFT Launches its Token Sale, As It Set Sights on Being The Biggest Cross-Chain NFT Marketplace on the Cardano Blockchain

Verlux is pleased to inform the crypto community about start of its Token Sale. Verlux visions to build the biggest Cross-Chain NFT Marketplace on the Cardano Blockchain. The Verlux platform allows users perform an efficient and seamless swap of NFTs from other Blockchains to the Cardano Blockchain. Its aims for NFTs to utilize the low transaction cost, fast transaction and security of the Cardano ecosystem. The Future is NFT Since the introduction of the NFT blockchain...

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Chainalysis: DEXs Have Grown 550% in 2021 as Competition Among CEXs Heats

The DeFi sector has seen a massive amount of money flowing onto its ecosystem this 2021 alone. So much that trading activity on large decentralized exchanges (DEXs) has increased by over 500% – outpacing trading volumes on popular centralized crypto exchanges (CEXs), according to a new report from analytics firm Chaynalysis. 2021 Is The Year Of Decentralized Finance The report highlighted the fierce competition amongst centralized exchanges this year, with traders seeking the...

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Michael Saylor glaubt Bitcoin werde immer weitersteigen

In einem Interview mit CNBC äußerte Michael Saylor seine Meinung zum aktuellen Bullenmarkt. Er glaubt, der BTC würde dauerhaft weitersteigen – einzig, wie schnell er wie hoch steigt, sei noch unklar. Sein Hauptargument für diese Meinung hängt jedoch weniger mit der aktuellen Inflationspolitik, sondern mit der technischen Natur des Bitcoin zusammen. Bitcoin News: Michael Saylor glaubt Bitcoin würde für immer weitersteigenDie Inflationspolitik der weltweiten Zentralbanken ist sicherlich der...

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Major India Exchange CoinDCX Lists Shiba Inu (SHIB) on Retail App

CoinDCX, one of India’s leading cryptocurrency exchanges, has listed the popular meme coin Shiba Inu (SHIB) on its retail-oriented application. Despite the country’s questionable regulatory stance on cryptocurrencies, Indian investors generate millions of dollars worth of daily trading volume on various exchanges. One of the leading trading venues is CoinDCX, and it recently announced that they are listing Shiba Inu (SHIB) on their retail-oriented CoinDCX application. The...

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Kraken Expects Bitcoin to Reach $96,000 at The End of Q4

The United States-based cryptocurrency exchange Kraken predicted that bitcoin could increase to almost $100,000 by the year’s end and could even surpass that mark, according to some technical instruments. Bitcoin Is Set Towards New Heights In its “October 2021 Market Recap & Outlook,” the veteran platform – Kraken – explained its bullish prediction with past events. It pointed out that Q4 is usually a highly successful period for bitcoin. As such, if the leading digital...

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Crypto Market Cap Lost $100B in a Day as Bitcoin Dropped to a Weekly Low

The bears continued to push bitcoin south in the past 24 hours, and the asset dropped to a weekly low of just over $62,000. Most altcoins are also in the red, with Litecoin losing the most value in a day. Bitcoin Saw a Weekly Low Just a few days ago, the primary cryptocurrency broke its previous ATH two times in a row, and the latest peak came at $69,000. As the community was anticipating another run up to $70,000, the entire landscape changed. Instead of going upwards,...

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The SEC Rejected VanEck’s Spot Bitcoin ETF Application Citing Investor Protection

The United States Securities and Exchange Commission has rejected VanEck’s proposal for a spot Bitcoin ETF. This comes after several delays by the agency. The global investment manager VanEck has been among the most active companies when it comes down to filing with the SEC to launch a Bitcoin ETF. In the past several years, the firm had numerous applications, with some rejected by the agency and others it had to withdraw on its own. However, the landscape in the States...

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90% of Americans Have at Least Basic Cryptocurrency Knowledge: Survey

According to a recent survey conducted by Pew Research Center, the vast majority of US adults (86%) have heard at least a little about digital currencies. However, only 16% of the participants admitted they have personally invested in some of them. Americans Are Aware of Crypto The nonpartisan think tank – Pew Research Center – surveyed more than 10,000 American citizens to determine the level of crypto awareness among them. Per the results, 24% of the participants said they...

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