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Bitcoin Whales are Controlling the Market

Bitcoin Whales are Controlling the Market

Bitcoin whales are reckoning forces in crypto exchanges. Therefore, their dominance is being felt in the crypto market because of their massive liquidity.

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuela’s president, Nicolas Maduro has announced a new campaign aiming to help the medical staff in his nation by airdropping one Petro to each actively working doctor amid the coronavirus pandemic.

What Is Balancer?

What Is Balancer?

Released in March 2020, Balancer is an Ethereum-based automated market maker (AMM) that enables users to earn fees by providing liquidity and trading.

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

The Uniswap community has set a community meeting to discuss the network’s liquidity mining rewards program, as it is about to end in a week.

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.

DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem

DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem

The ambitious DeFi liquidity project, Paradigm labs are shutting down its operations citing an inability to build a resilient business within the DEX ecosystem.

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

According to the report, this partnership is meant to ensure that Nigeria's crypto-enthusiasts enjoy remittances at a very affordable rate. While Dash is deemed as a leading digital asset for remittances and international payments with secure, fast and affordable transactions, BITFXT a Nigerian exchange with the goal of bringing more liquidity to the Nigerian crypto market. The recent development indicates that the team has decided to bridge the gap in remittances for Nigerians through the use of Dash at a 1% cost.

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller

Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.

Connecting Crypto Exchanges with CMC's New Liquidity Metrics: What We Learned at The Capital

Connecting Crypto Exchanges with CMC's New Liquidity Metrics: What We Learned at The Capital

Beginning on Nov. 12 and spanning two days, CoinMarketCap held its inaugural large-scale event, The Capital, which brought together leading stakeholders in the blockchain, cryptocurrency, regulatory and financial industries.

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).

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