Whale holdings have increased by over 40% this year. “Following a 70% correction, these addresses have now been accumulating aggressively. This group, as well as those holding over 100M ADA, recorded double-digit growth month over month,” Outumuro said. Source
After a smart contract exploit, locked CVX tokens flooded the market, dragging down prices. Source
The WORLD tokens sent by Ukraine’s crypto addresses might be a spoof ahead of the country’s official airdrop, blockchain analysts say. Source
Data from Etherscan shows the official Ukraine Crypto Donation wallet is testing airdrops and seeding a Uniswap liquidity pool with the newly created token. Source
Blockchain technology enables quicker, lower-cost, and more secure payment systems, as well as a distributed ledger that can foster trust among participants. Although blockchain began as a support platform for digital currencies, it has now been implemented into a variety of industries, including payments. In actuality, the traditional payment system has been riddled with flaws and urgently needs a revamp. In many circumstances, it might take days to conduct a transaction with additional costs and low security. This is why people are hesitant to use payment methods to keep or…
Major global cryptocurrency exchange Bitfinex is finally moving forward with its security token platform (STO) in Kazakhstan, opening the first day of trading. Bitfinex Securities, Bitfinex’s blockchain-based investment platform, starts officially on Tuesday, the company representatives announced to Cointelegraph. Announced in September 2021, the new STO platform is regulated within Kazakhstan’s national financial hub, known as the Astana International Financial Center (AIFC). Bitfinex Securities operates from a special economic zone in Kazakhstan, which has an independent court system, according to Bitfinex Securities chief technology officer Paolo Ardoino. The platform is…
The EUR50 billion global industrial cleaning product market is having a significant ecological impact. Harsh chemicals used for different kinds of cleaning are harmful to the environment and difficult to dispose of properly. SmartChem uses its patented chemical technology of intelligent fluids to provide a safer alternative to remove grease, dust and dirt with ingredients that are biodegradable and pH neutral. To raise awareness and allow for ease of access to eco-friendly products, SmartChem is holding a token sale. SMAC that Dirt Up SMAC acts as the native utility token…
The Acardex Defi platform has begun token sales to develop the world’s largest decentralized exchange and cross-chain NFT marketplace on the Cardano Blockchain. The Acardex platform enables users to transfer native tokens and NFTs from other Blockchains to the Cardano Blockchain efficiently and seamlessly. Acardex functionalities When users join liquidity pools, Acardex allows them to become a liquidity provider on the Cardano Blockchain using the AMM protocol and generate passive revenue by collecting fees on “ADA — Cardano Native Tokens pairs.” Acardex’s development team is also developing a native assets…
Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition for the network which has historically has been plagued with scaling issues and high transaction costs. Alongside this transition has been the introduction of liquid staking, which is helping to add utility to DeFi and giving investors the option to do more with their assets than just lock them up indefinitely. Liquid staking could also help investors build more capital efficient portfolios.…
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