Ripple exec says DeFi needs ‘killer app’ to advance to next level
According to the head of DeFi markets at Ripple Lab, a “killer app” for consumers is what will be required to advance the decentralized finance (DeFi) industry to a point where it attracts a wide audience. The future of decentralized finance (DeFi) and what needs to be done to promote widespread adoption were questions that […]
Glassnode: BTC and ETH derivatives gain despite crypto winter
A new Glassnode letter reveals a surge in the derivatives market and a more upbeat outlook among traders of bitcoin and Ethereum. Glassnode’s latest research reveals that there is considerable investor interest in trading BTC futures markets and hoarding their ETH bags, despite the fact that the bitcoin price has been trading sideways with a […]
Institutions rush to Ethereum as Merge approaches: Report
Institutional investments in Ethereum products have increased as a result of “more clarity” surrounding the Merge, according a CoinShares research. According to the most recent CoinShares report, institutional investors are pouring money into Ethereum based digital asset funds, which have seen positive inflows for seven consecutive weeks. Last week, said inflows were $16.3 million, bringing […]
Co-founder F2Pool reacts to claims of cheating Ethereum POW
The statement follows claims made by Israeli researchers that F2Pool had manipulated Ethereum block timestamps to increase mining earnings. Chun Wang, a co-founder of F2Pool, has replied to claims that his mining pool has tampered with Ethereum block timestamps in order to “consistently increase mining rewards.” The mining pool is accused of conducting a “consensus-level” […]
KBW: Axie Infinity intends to “double down” on Korean market
According to Jeffrey Zirlin, Axie Infinity intends to expand in South Korea, which they view as one of the most significant gaming marketplaces in the world. Despite the legislative obstacles, Sky Mavis, the company behind Play-to-Earn (P2E) industry leader Axie Infinity, plans to “double down” and ramp up adoption in South Korea. Sky Mavis co-founder […]