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Aave grows as V2 features trigger increased user interest

Aave grows as V2 features trigger increased user interest

Decentralized Finance [DeFi] projects have been gaining momentum in the market alongside many other cryptocurrencies. Although Chainlink [LINK] has remained the largest DeFi project with $ 12.3 billion, Aave was following at third with a market cap of $6.1 billion, right after Uniswap. The project has been gaining increased interest as it released the Aave …

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Crypto crime drops, but Bitcoin-ransomware increased in 2020!

Crypto crime drops, but Bitcoin-ransomware increased in 2020!

Blockchain analysis firm Chainalysis found that cryptocurrency-related crimes fell by more than 53% last year and that crypto activity that was connected to crimes was a mere 0.34% of transaction volume or $10 billion worth of transfers. This is still much lower than criminal activity numbers reported in 2019, which represented 2.1% ($21.4 billion) of …

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Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption

Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption

Publicly traded digital-asset brokerage Voyager Digital registered four-digit revenue growth in the fiscal year ended June 30, 2020. In an announcement Thursday, the Canada-based firm said revenue rose to roughly $1.1 million, marking a 1,159% rise from the previous fiscal year’s tally of $87,318. Other figures for the same period are also impressive: customer assets jumped …

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Stablecoins' rising demand to attract increased regulation

Stablecoins’ rising demand to attract increased regulation

Cryptocurrency markets have seen steady growth; increased regulatory clarity has enabled greater adoption. With growing uncertainty in the global markets, many have turned to crypto as a safe-haven asset for long-term investment. Along with these developments, it is also interesting to note 2020 has been a significant year for stablecoins in general. As adoption in …

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Bitcoin Futures market sees increased turbulence as instability looms large

Bitcoin Futures market sees increased turbulence as instability looms large

Bitcoin’s price has been revolving around the $7k mark for a couple of weeks now. Every time the coin breaches the $7k, it has been met with extreme selling pressure, dragging down its value. However, on 16 April the coin, once again, surpassed the $7k market and has not yet dropped. But the price has …

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