Mining
Month: November 2023
Market Analysis
OKX is Nearing Binance’s Active User Numbers, Report Says
The crypto exchange OKX is reportedly approaching similar levels of active users as the world’s largest crypto exchange, Binance. “Binance still accounts for over half (51.2%) of crypto trading volumes among CEXs. OKX, Bybit, Bitget, […]
Bitcoin
Polygon, Matter Labs, Nil Said to Be in Running for Kraken Layer-2 Blockchain
“We are enthusiastic about open source, layer-2 technologies, zero-knowledge proofs, multi-party computation, and continuously strive to explore the potential of on-chain scaling solutions,” the job description reads. “The team has recently embarked on exploring how […]
Market Analysis
Hong Kong SFC Outlines Potential Rules For Asset Tokenization
The Hong Kong Securities and Futures Commission (SFC) has released a document outlining potential requirements for the tokenization of investment products. “Tokenisation of investment products refers to the creation of blockchain-based tokens that represent or […]
Ethereum
Will Gas Fees Drop Even In A Bull Market?
The adoption of Ethereum layer-2s is on the rise if Token Terminal data shared on November 6 is anything to go by. According to statistics from the blockchain analytics platform shared by Erik Smith, the Chief Investment […]
Market Analysis
Hong Kong Willing to Consider Crypto ETF Applications
The Hong Kong Securities and Futures Commission (SFC) is open to approving exchange-traded funds (ETFs) that directly invest in crypto, provided that regulations address new risks. So far, the regulator has approved two Bitcoin futures […]
Market Analysis
FTX Plans to Sell $744 Million Worth of Trust Assets
As the broader crypto market rallies, FTX has proposed selling Grayscale and Bitwise Trust assets worth approximately $744 million. With the price of Bitcoin (BTC) hovering around $35,000, and with many believing the worst of […]