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Lacompañía Kuailian está llevando a cabo un Sandbox en el que se puede observar el funcionamiento de su sistema basado en Proof of Stake (PoS), el cual, permite generar rendimientos o recompensas gracias a la validación de transacciones en el mercado criptográfico, representando una oportunidad real de generar beneficios para todos los implicados en el proceso. El día de hoy podrás ver el funcionamiento del Sandbox para tener una idea mucho más clara del proceso de tal forma que, si llegas a tener participación en la…

Decentralized finance, or DeFi, has quickly grown to become one of the hottest trends in the cryptosphere today.With the proliferation of decentralized exchanges, open lending platforms, yield farms, prediction markets, and a wide range of other DeFi use cases, cryptocurrency holders now have a wide array of options to turn a yield on their assets.With so many options available, achieving the maximum possible yield can be a challenge. But fortunately enough, there are also plenty of projects out there looking to…

As BTCU Bitcoin Ultimatum’s Mainnet goes live, we speak with CEO Eric Ma to find out more about the project and what’s next in this truly next-gen blockchain.Building a new blockchain is a huge undertaking. It requires a capable team of experts, leadership, real-value proposition and a strategic roadmap which needs to be detailed, realistic and followed-up upon. BTCU Ultimatum certainly checks all those boxes. They successfully implemented the Bitcoin Fork and launched the BTCU Mainnet on February 5, 2021 and airdropped…

Canada’s Evolve Bitcoin ETF, the second to launch after Purpose, is taking the competition head-on by triggering a price war. While the Purpose Bitcoin ETF (BTCC) has gained the first-mover advantage, the Evolve Group is making fee adjustments to grab more market share in the heated Bitcoin ETF market.As per the recent report from Bloomberg, the Evolve Bitcoin ETF (EBIT) has lowered its price ticker to 0.75% from 1% previously. This makes the Evolve Bitcoin ETF 25% from the 1% expense ratio of its competitor Purpose…

The total number of cryptocurrency users across the globe has grown to 106 million as per a report from crypto.com. The total crypto users topped the 100 million marks in January 2021, rising from 66 million in May 2020. To calculate the crypto user growth, crypto.com used on-chain data from exchanges along with several other complex parameters to map the growth of Bitcoin and Ethereum. The resulting data was then used for tracking user growth trends across the world.The said report found that the strongest user…

Galaxy Digital, the crypto investment management firm along with CI Global Asset Management has filed a preliminary prospectus for the world’s first Ether ETF called CI Galaxy Ethereum ETF. The prospectus filing was done with the securities commissions or similar authorities in each of the provinces and territories of Canada.Kurt MacAlpine, Chief Executive Officer of CI Financial, the parent company of CI GAM said, “Cryptocurrencies are transforming the financial world, and we are excited to launch the world’s first ETF…

Wallstreetbets, the infamous Reddit group is now calling for Short Squeezing the silver Bullion market, what many consider to be the most shorted asset in the trading market. The group moderators have now changed their access to private mode.Silver is currently heavily shorted and a majority of those short positions are bought by JP Morgan.Just like Melvin Group, JP Morgan could be at the receiving end of “short the Wall Street” sentiment.Another Twitter user explained that for every $1 rise in…

The growing influence of Binance Smart Chain (BSC) amid skyrocketing gas fee on Ethereum network has not just sent Binance Coin (BNB) the native token to the moon, in fact, it has led to significant market flipping in the defi market where Pancakeswap, a BSC based defi protocol has seen greater trading volumes than market leader such as Uniswap.PancakeSwap, a defi protocol largely unknown prior to the recent BSC craze has seen massive on-chain volumes gaining nearly 72% volume over the past 24 hours itself.  The…

The Reddit group Wallstreetbets is now eyeing to short squeeze silver market, one of the heavily shorted markets with the majority of the short position bought by JP Morgan. The price of silver has already risen by 6% for the day and it seems the Redditors have started buying the Silver similar to GME stocks.With the current price of the silver spot price at $26, the price would need to go up to $500 to pull a Melvin on JP Morgan.With Nasdaq and Robinhood halting Gamestop GME stock trading amid retailers…

If you are quite familiar with the finance sector, you just have come across the word “Cryptocurrency.” It has been in debate for over some time now. It has now gained stardom across economies and countries at large. While several online platforms now accept crypto as a means of payment, others remain skeptical. However, one of the essential characteristics of cryptocurrencies is that they are accessible.There are several cryptocurrencies worldwide, and some of them include Bitcoin, Ethereum, Monero, and others. These…

2020 was the year of the crypto industry without a shadow of doubt. Bitcoin rose exponentially, posting over 300 percent in gains throughout the year. Market activity has also risen significantly, showing that the crypto industry is no longer just a fad that people call on when they’re trying to make themselves feel better.Institutional Action The legitimacy of the crypto market has been helped significantly by institutional investors. These are essentially high-net-worth individuals and large companies that provide…

In an aggressive push to expanding its business and establishing a strong footing in the crypto space, Japanese financial giant SBI Holdings is seeking to form cryptocurrency joint ventures with some of the top foreign financial firms. SBI Holdings has, as such been an advocate of crypto developments and is also a close partner with the San Francisco-based blockchain firm Ripple.Speaking to Reuters, SBI Holdings founder Yoshitaka Kitao said that the development comes as since cryptocurrencies like Bitcoin (BTC) and…