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Weekly overview

Decentralized forex will reduce cost by as much as 80%: Report

  • Post author:admin
  • Post published:January 20, 2023
  • Post category:Weekly overview

The researchers compared the cost of trading USDC and EUROC stablecoins on Uniswap with World Bank estimates of the average cost of remittances. If the foreign exchange market starts using…

Continue ReadingDecentralized forex will reduce cost by as much as 80%: Report

OKX declares $7.5B in liquid assets in proof-of-reserves report

  • Post author:admin
  • Post published:January 20, 2023
  • Post category:Weekly overview

According to blockchain analytics firm CryptoQuant, OKX has the largest clean asset reserves of all the major exchanges. Crypto exchange OKX disclosed $7.5 billion in reserves of Bitcoin (BTC), Ether…

Continue ReadingOKX declares $7.5B in liquid assets in proof-of-reserves report

City of Busan to establish digital assets exchange: Report

  • Post author:admin
  • Post published:January 20, 2023
  • Post category:Weekly overview

The Busan Digital Asset Exchange Establishment Promotion Committee said it plans to create a functional exchange by the end of the year. According to local news outlet News1, Busan, South…

Continue ReadingCity of Busan to establish digital assets exchange: Report

Bitcoin miner CleanSpark expands operations in Georgia

  • Post author:admin
  • Post published:January 20, 2023
  • Post category:Weekly overview

Some BTC miners have declared bankruptcy or sought financial aid to stay afloat. Others are finding unique ways to grow amid the bear market. Bitcoin (BTC) miner CleanSpark is expanding…

Continue ReadingBitcoin miner CleanSpark expands operations in Georgia

MatchBoxDAO launches esports experience for Web3 developers

  • Post author:admin
  • Post published:January 20, 2023
  • Post category:Weekly overview

The tournament, “0xMonaco: Battle of Titans,” is scheduled to kick off on Jan. 29 and will bring together developers from around the blockchain space. MatchBoxDAO — a collective of developers,…

Continue ReadingMatchBoxDAO launches esports experience for Web3 developers

Data suggests Avalanche’s (AVAX) rally was a buy the rumor, sell the news event

  • Post author:admin
  • Post published:January 20, 2023
  • Post category:Weekly overview

AVAX price rallied after announcing news of an Amazon cloud integration, but does the news do anything to improve Avalanche’s fundamentals? Avalanche (AVAX) came into the spotlight early at the…

Continue ReadingData suggests Avalanche’s (AVAX) rally was a buy the rumor, sell the news event

FTX CEO says he is exploring rebooting the exchange: Report

  • Post author:admin
  • Post published:January 20, 2023
  • Post category:Weekly overview

FTX Trading, doing business as FTX.com, was one of roughly 130 companies under FTX Group that filed for bankruptcy following the firm's reported liquidity crunch in November. John Ray, who…

Continue ReadingFTX CEO says he is exploring rebooting the exchange: Report
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