October, 2021 - Cryptos Facts

News

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Rallying Quickly, Growing Fastly, Surging Highly and 20 Crypto Jokes

bestadmin
October 29, 2021

The previous week saw bitcoin become a more favored investment, at the expense of ethereum. DeFi and NFT lost ground. A global investigation by ICIJ - dubbed "The Pandora Papers"…

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News

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Belarusian Chemicals Firm Grodno-Azot to Consider Making Payments in Crypto

bestadmin
October 27, 2021

Grodno-Azot is a Belarusian chemical company that seeks to use crypto payments to get around the economic sanctions imposed by the United States on Belarus. Dmitry Goroshko (Director-General for Economics…

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News

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China’s Crypto Ban Made Bitcoin Stronger, Says Edward Snowden

bestadmin
October 25, 2021

Bitcoin, the largest cryptocurrency in the world, has another supporter in Edward Snowden. Snowden is a former NSA employee. Snowden stated that Bitcoin has risen more than 1,000% in the…

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News

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BitMEX CEO Says Five Countries Could Adopt Bitcoin as Legal Tender in 2022

bestadmin
October 22, 2021

Alexander Hoptner (CEO of BitMEX), stated in a blog that more countries would soon adopt Bitcoin (BTC). Hoptner predicts that five countries will accept the largest crypto market capitalization by…

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News

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Ledger Valued At USD 1.5B, Plans DeFi Solutions, Own Operating System

bestadmin
October 20, 2021

Major French manufacturer of crypto hardware wallet stated it has "ambitious goals" in DeFi, and other new services. It raised USD 380m to buy the company, which is valued at…

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DeFi News

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Total Value Locked in DeFi is a ‘Deceptively Complicated Metric’

bestadmin
October 18, 2021

This metric should measure the size of the levered market. It can be misleading because it is inflated with a leverage multiplier, carries high sensitivity to price, and is far…

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News

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The US Is Now the Biggest Bitcoin Mining Center after China’s Crackdown

bestadmin
October 18, 2021

According to the UK's Cambridge Centre for Alternative Finance, the United States is now the largest country in Bitcoin (BTC), surpassing China. Reuters reports that these figures are not surprising…

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DeFi News

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DeFi Adoption Driven By Seasoned Traders, Investors From High-Income Countries – Report

bestadmin
October 15, 2021

According to a recent report from blockchain analysis company chainalysis, decentralized finance ( DeFi ) adoption was primarily driven by experienced cryptocurrency investors and traders. This explains why it is…

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DeFi News

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High Yields Draw Institutions to DeFi, But Hurdles Remain

bestadmin
October 13, 2021

Panelists from a recent panel discussion on institutional adoption of DeFi said that the "mind-boggling yields" in decentralized finance ( DeFi ) protocols are too tempting for institutions to resist.…

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DeFi News

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Banks Not Looking to Create Own DeFi Alternatives – Investment Banker

bestadmin
October 11, 2021

After questions about the legality and ethics of decentralized finance ( DeFi), protocol Compounded Finance, which users claimed millions in COMP coins due to an error, the founder is now…

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