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Perpetual Protocol emerges as sixth-largest DEX after just one month

January 20, 2021 6:17 am
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Perpetual Protocol, a DeFi project offering decentralized perpetual contracts using the layer-two Ethereum scaling solution xDai, has emerged as the sixth-largest DEX by weekly trade volume after operating for only one month. Based on data from Dune Analytics shared by…

Thailand stock exchange to open digital asset trading… without crypto?

January 20, 2021 5:54 am
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The Stock Exchange of Thailand, or SET, is planning to launch a digital asset trading platform in the second half of 2021, but it will not include cryptocurrencies. The headline in The Bangkok Post “Digital asset trade imminent” appears at…

Is $1 billion a day in volume the ‘new normal’ for Uniswap?

January 20, 2021 5:08 am
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Leading decentralized exchange, or DEX, platform Uniswap continues to lead the sector as it nears an average of $1 billion a day trading volume for the month of January. Only two-thirds of the way into the month and the platform…

Ford, BMW back blockchain ‘birth certificates’ to combat used car fraud

January 20, 2021 4:43 am
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The Mobility Open Blockchain Initiative, or MOBI, a non-profit consortium of the world’s top vehicle manufacturers including Ford and BMW, has launched an initiative to combat fraud in the secondhand markets with blockchain-powered “birth certificates.” The initiative will leverage blockchain…

Bitcoin node count hits new all-time high

January 20, 2021 3:57 am
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The number of Bitcoin nodes is at an all-time high, with 11,558 reachable nodes currently active, according to Bitnodes.io. Another Bitcoin network statistics tracker, coin.dance, calculates the total number of Bitcoin nodes at 11,613, which is just above the previous…

11 indicators that suggest Ether’s new ATH is just the beginning

January 20, 2021 3:11 am
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With Ethereum inching its way into new all-time highs over the past 24 hours, a number of onlookers believe Ether could quickly surge through the $1,400 price range. Ethereum’s robust fundamentals are strengthening the conviction that Ether might sail past…

Asia accounts for almost half of global crypto trading: Messari report

January 20, 2021 3:10 am
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Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all digital asset trading, and boasts six of the top ten largest crypto unicorns. The report, penned by research analyst Mira…

Ripple pins hopes on Biden administration as co-founder sells 28.6M XRP

January 20, 2021 3:00 am
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After ending 2020 facing a lawsuit from the U.S. Securities and Exchange Commission under Donald Trump’s administration, Ripple’s leadership is looking to the new year and a new U.S. President to bring a change in regulations more favorable to the…

Here’s why HedgeTrade (HEDG), The Graph (GRT) and UMA are rallying

January 20, 2021 2:58 am
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Bitcoin (BTC) has been consolidating for the past few days as the bulls and the bears battle it out for control over the largest cryptocurrency by market capitalization. Currently, Bitcoin looks like it is steadily losing its upward momentum but…

Crypto winter: Bitcoiners use mining rigs as heaters as temperatures drop

January 20, 2021 2:42 am
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Bitcoiners mining cryptocurrency at home this winter have been staving off freezing temperatures by putting them to good use as heaters. According to the Wall Street Journal, crypto miners in France and the United States report their overall heating costs…