Tag Archives: social

A slew of leading Ethereum based DeFi protocols– including Aave, Sushi, Curve, and PoolTogether– recently announced a $100M DeFi adoption initiative with Celo, a mobile platform for financial dApps. Adoption Initiative: “DeFi for the People” Announced today, the recent “DeFi for the People” initiative’s numerous founders include Aave, Curve, Sushi, PoolTogether, 0x, UMA, Valora, Ubeswap, and Moola Market, alongside educational and infrastructure partners including Chainlink,...

While the price of bitcoin seems stuck beneath the $50,000 line, the network has actually seen a few all-time highs lately. On-chain data revealed that the weekly BTC transaction volume has exploded to a fresh record, while the number of token holders is recovering nicely. Transactions on the Bitcoin Network to New Highs The analytics company Glassnode recently highlighted the massive uptick in transaction volume on the Bitcoin network. The firm’s data shows that the average...

Leading DeFi and CeFi aggregator OpenOcean has continued to expand its ecosystem and has just recently integrated Avalanche, a high-scalable and open-source platform for launching decentralized finance apps. In a Monday press release shared with CryptoPotato, OpenOcean noted that its integration with Avalanche will allow its users to swap different digital assets utilizing the best prices available in the market, with minimal risks of slippage. OpenOcean Partners With...

The leading cryptocurrency exchange in Australia – Binance Australia – has announced it appointed Leigh Travers as its new Chief Executive Officer. He was previously CEO and Director of the blockchain technology company – DigitalX. Binance Australia Has a New CEO According to an official announcement, Binance Australia has tapped Leigh Travers as its new CEO. The top executive has experience in digital assets and blockchain technology since he was in charge of DigitalX for...

The Chedi Andermatt will reportedly become the first Swiss hotel to accept digital assets as a payment method. Guests can now pay accommodation bills surpassing 200 CHF ($218) using bitcoin or ether. The Venezuelan carrier Turpial Airlines and the famous Belgian bar Dolle Mol also joined the crypto craze by adding virtual assets as a means of payment. Crypto Adoption in The Heart of The Alps According to the local media Blick, The Chedi Andermatt started accepting payments in...

While mistakes are inevitable, some are costlier than others, and this one has cost an NFT holder $54,000. After minting the Mutant Ape #5275 NFT hours ago, the holder then tried to sell it on OpenSea, but the deal did not go as he would have wanted. Instead of selling his Ape for $54,000, the owner mistakenly sold it for $17, which is 99.9% below a floor price of 7.95 ETH ($24,200). $17 Instead of $54k Most digital collectibles on OpenSea and other Ethereum-based NFT markets...

According to recent research, every third British citizen fears that a potential digital pound could bring more harm than benefits to the UK economic system. In contrast, 24% believe the so-called Britcoin would turn to be a successful financial instrument. Britcoin Brings More Suspicion Than Excitement The US journalism company Politico surveyed 2,500 British adults to determine their opinion on issuing a digital version of the local pound currency. The majority of the...

Microstrategy just bagged $177M more BTC between July 1st and August 23rd. That brings Michael Saylor’s company’s total hodlings to $5.3 billion USD worth of bitcoin. Other big corporate buyers include Tesla, Square, and Galaxy Digital Holdings. The business intelligence company can’t get enough bitcoin. And it’s not the only extremely relevant and proactive company in the high tech or investing sector to be this incredibly bullish Bitcoin. In fact, Michael Saylor says he was...

Bitcoin attempted to reach $50,000 once more in the past 24 hours, but it was rejected, which drove it south hard. Most altcoins have stalled, which has enabled SOL to outplace Polkadot as the 8th largest cryptocurrency following another impressive surge and ATH. SOL’s Latest ATH Takes it to N8 Most alternative coins have performed rather similarly to bitcoin in the past few days. As such, they have remained relatively stagnant on a daily scale, despite the intraday...

Bilaxy, a Seychelles-based digital asset trading platform, reported earlier on August 29th that some of its wallets were compromised. While the exchange hasn’t confirmed the amount stolen yet, some estimations claim that it could be around $450 million in various cryptocurrencies. Bilaxy’s official Telegram channel saw several updates today indicating that the platform had temporarily stopped its services due to maintenance. A few hours later, though, the exchange took it to...