CryptoX – Cryptocurrency Analysis and News Portal Pedro Herrera says with failures in the banking system and centralized exchanges facing regulatory scrutiny, there is a renewed interest in decentralized finance. Source The post Arbitrum Airdrop Shows Interest in DeFi, Researcher Says appeared first on CryptoX. CryptoX Portal
U.S. major Lowery’s groundbreaking concept of “Softwar” reveals how the unique attributes of bitcoin can be harnessed to enhance national security by imposing non-violent constraints on malicious actors. In recent news, a thesis paper on the potential impact of bitcoin on national security has climbed the charts to become an Amazon bestseller. The book, titled “Softwar” was authored by Jason P. Lowery, a U.S. Space Force major. Lowery explores the potential dangers that decentralized digital currencies like bitcoin pose to national security. The major delves into the unique attributes of…
The Japanese Financial Services Agency (FSA) has issued a warning letter to foreign crypto exchanges Bybit, BitForex, MEXC Global, and Bitget, stating that they are operating in the country without proper registration. According to the FSA, these exchanges have violated the country’s fund settlement laws by conducting crypto asset exchange business without registration. The regulator also noted that the list of unregistered traders does not necessarily indicate the current state of unregistered business. While Japan is working on new regulations for the crypto and Web3 sectors, it has not been…
Bitcoin (BTC) stayed tightly rangebound at the April 3 Wall Street open as analysts counted down to volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Watch for rugs” on BTC Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered around $28,000 on Bitstamp. The weekend had finished on an erratic note as news of an OPEC+ oil production cut sent crypto tumbling before a rebound during the Asia trading session. Amid a lack of clear direction, monitoring resource Material Indicators flagged significant liquidity on either side of spot…
Bitcoin (BTC) stayed tightly rangebound at the April 3 Wall Street open as analysts counted down to volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Watch for rugs” on BTC Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered around $28,000 on Bitstamp. The weekend had finished on an erratic note as news of a Opec+ oil production cut sent crypto tumbling before a rebound during the Asia trading session. Amid a lack of clear direction, monitoring resource Material Indicators flagged significant liquidity on either side of spot…
According to Haider Rafique, Global Chief Marketing Officer at OKX, the launch of Train Like Dias is a true testament that Web3 can revolutionize anything without limits. The OKX cryptocurrency exchange, a Seychelles-registered crypto firm that ranks second in daily traded volume, in partnership with Rúben Dias, a Portuguese professional footballer who plays for Premier League club Manchester City, has announced the launch of an immersive metaverse fan experience dubbed Train Like Dias. The Train Like Dias OKX collective will allow football fans to closely interact with Dias and experience…
On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in Pancakeswap Version 3 On Monday, Pancakeswap launched version three of its protocol on the Ethereum and Binance Coin (BNB) blockchains, following an announcement in the first week of March. “It’s Pancakeswap v3 Day. Tell us…
VCs remain the major source through which institutional investors access crypto. Venture capital (VC) firm Re7 Capital has tapped web3 advisory and crypto infrastructure firm Republic Crypto to launch a $100 million fund for liquid tokens. The fund, which is dubbed RxR Opportunities Fund, is one of the early initiatives of the 2022 strategic joint venture between the two firms. According to The Block, the fund will allow eligible investors to have access to a limited number of hand-picked crypto tokens, with a focus on those tokens with medium-sized market…
Canadian-based companies WonderFi Technologies Inc, Coinsquare Ltd, and CoinSmart Financial Inc have announced their merger to create Canada’s largest regulated crypto asset trading platform with over 1.65 million registered users. The newly merged company will offer Canadians a wide range of diversified products and services, including retail and institutional crypto trading, staking products, business-to-business crypto payment processing, sports betting, and gaming. The newly merged company “will have transacted over $17 billion since 2017 and have over $600 million in assets under custody,” the announcement said. PRESS RELEASE: WonderFi, Coinsquare and…
The PancakeSwap DEX Version 3 also looks to introduce a “VIP” trading rewards program and a position manager feature down the stretch. PancakeSwap DEX has launched Version 3 on Ethereum and BNB Chain, offering improved performance and lower fees. According to reports, Version 3 introduces four different trading fee tiers of the cheapest on-chain trading fees among the decentralized exchange’s contemporaries. Notable counterparts, in this case, include Uniswap and SushiSwap. PancakeSwap’s touted trading fee tiers are 0.01%, 0.05%, 0.25%, and 1%. These fee tiers compare favorably with the DEX’s previous Version 2 single…