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Tag Archives: Finance

Number of Active Ethereum Users Increased by Over 36% in Third Quarter of 2022

In times of fear of a WWIII, inflation, recession and energy shortage most of the investment instruments suffer substantial losses. Stocks, gold and mostly cryptocurrencies are greatly affected by the troublesome atmosphere around the world. With Ether down approximately 64% year-to-date, followed by Bitcoin down approximately 58% year-to-date, BestBrokers analyst team decided to look into blockchain transaction data and find out how ...

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Primex Finance Launches Its Beta Version, Letting Users Experience Its Cross-DEX Trading Features

Primex Finance, the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading. With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits to early registrants and referral-based rewards. DeFi holds the potential to financially empower ...

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Crypto Newswire Service Chainwire Awarded Nine Excellency Badges by G2

Chainwire, a crypto press release distribution service, has been awarded nine badges by software marketplace G2. The badges were assigned in G2’s Fall 2022 report based on the responses from real users featured in its quarterly review form. Accolades earned by Chainwire include High Performer, Users Most Likely to Recommend, and Highest User Adoption. A total of nine decorations recognize ...

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Candy Club Integrates with OKC (OKX Chain) Ecosystem

Social crypto gaming platform Candy Club has successfully integrated into the OKC ecosystem and added a use case for the OKC token and community. OKC is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including ...

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$19,000 Holds Firm for Bitcoin – Are We Bottoming Out?

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin remains above $19,000, as it could be establishing a floor from $17,600 to around $19,000, before a significant relief rally to the upside. Sell pressure continues to be absorbed, despite the negative macroeconomic news. The report released yesterday by the Bitcoin Mining Council (BMC) has raised some eyebrows, however, ...

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PotionLabs Closes Sales of $12M from key DeFi players ahead of Novel NFT Game ‘Potion Unlock’

Potion Unlock, a novel release model for decentralized Protocols registered sales of $12 million last January, from renowned DeFi firms and individuals. The Potion Labs team behind the project had previously raised $3.2M in August 2020 from top-tier DeFi investment firms. PotionLabs is a web3-native research and software development company that has developed a robust risk management layer for crypto ...

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Biden Administration to Release Outline for Future Government Crypto Strategy

The Biden administration is preparing an executive order for release as early as next month. According to a Bloomberg report on Friday, which mentioned no named sources, the release will outline a comprehensive government strategy on cryptocurrencies. Cryptocurrency regulation has been a frequent point of interest lately for U.S. lawmakers and government agencies. A recent report from the Biden administration ...

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Crypto Prices Drop after US Stockmarked Plunges, NFT Volumes Barely Seem Affected

Bitcoin hovered around $42,000 yesterday, as it has been for some time now, but it fell below $38.000 today after the US stock market had another plunge yesterday, its lowest dollar value since August 2021, according to CoinDesk. It later regained some ground and was trading at $38,705.70, down 6.5% from its level late Thursday and more than 40% from ...

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Kryptomon & Binance NFT Mystery Box Sale Event: Round 2 Confirmed

Kryptomon, a rising star in the world of NFT “Play & Earn crypto” gaming industry, has unveiled its 2nd collaboration with the world’s popular NFT marketplace Binance NFT. Binance NFT is a marketplace that offers an open market for artists, creators, crypto enthusiasts, NFT collectors, and creative fans around the world with the best liquidity and minimal fees. 2500 Mystery ...

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