Quick take: Ethereum gas fees are at a record high This has resulted in many exchanges going at a loss with each withdrawal of ETH CZ has estimated exchanges are losing $10 – $20 with each...
Quick summary: The popularity of DeFi and Decentralized Exchanges since June 2020, has led to Ethereum experiencing high ETH fees Miners are reaping big from these Ethereum transactions thus attracting new miners to the network The...
In brief: Tron’s JustSwap will be launched today at 22:00 UTC + 8. Justin Sun will be hosting a Livestream event to introduce JustSwap. Tron (TRX) has had an impressive rally from the 13th of August,...
The MakerDAO community is voting on a proposal to add a 100 million DAI debt ceiling participation facility of Huntingdon Valley Bank (HVB) as a vault. So far, the majority have voted in favor of the...
Reports have emerged saying that the Indian tax department is considering imposing an additional 20% tax deducted at source on DeFi, as well as an equalization levy. India already imposes a 30% tax on crypto gains...
Internet Computer (ICP) is in the hands of the community which controls 60% of the network’s voting power The DFINITY Foundation and the Internet Computer Association will never hold more than 50% of the network’s voting...
Summary: JP Morgan is experimenting with blockchain technology in trading traditional financial assets. JP Morgan plans to expand to tokenized equities, fixed income collaterals, and other asset types. The bank could also dip its feet into...
In summary: Justin Sun has hinted of launching a wrapped version of Bitcoin on the Tron network Such a move would bring Bitcoin’s value to Tron’s DeFi ecosystem Furthermore, it would capitalize on the efficiency of...
Quick take: Justin Sun has announced that he has a new decision to share with the Tron (TRX) community The decision will be shared in the days to come and will provide a new experience and...
Lido Finance recently saw its largest ever daily stake inflow thanks to Justin Sun who has staked over 200,000 ETH on the DeFi staking platform.
Summary: Tron (TRX) is now fully accessible on crypto’s largest altcoin network Ethereum, founder Justin Sun tweeted on Friday. The Tron blockchain is DeFi’s second biggest ecosystem with over $5.6 billion in total value locked and...
Quick take: KuCoin has raised $150 million in a pre-series B funding round at a $10 billion valuation The funding round was led by Jump Crypto with additional participation by Circle Ventures, IDG Capital, and Matrix...