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Polygon Saw 1,102% Growth in TVL, BSC TVL Recorded 50% Decrease in May

DappRadar’s latest report shines a light on a number of key areas of the decentralized finance (DeFi) sector, including the popularity spike of Polygon (MATIC) and the continued success of non-fungible tokens (NFTs).  A few general market numbers from the report include one million unique active wallets in the blockchain industry. Of those one million…

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‘Crossing The Yellow Blocks’ Docuseries Starts

Apple TV+ and Google Play have officially released the first episode of the fully tokenized docuseries – Crossing the Yellow Blocks. This docuseries allows viewers to understand blockchain technologies and the industry of decentralized ecosystems. The docuseries is a product of two years of research and constant traveling that is finally being released for viewing…

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BTC On-Chain Analysis: Big Accounts Accumulate While Small Accounts Sell

In this article, BeInCrypto looks at on-chain indicators, more specifically the number of addresses holding different quantities of BTC, in an attempt to isolate patterns of prior bull cycles. The number of addresses holding bitcoin (BTC) has been increasing steadily since December 2018. The behavior of addresses holding a small number of BTC and those…

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Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO

Chinese crypto mining equipment producer Canaan is arguing against the indiscriminate crackdown on cryptocurrency mining in China, citing the industry’s economic efficiency. Cryptocurrency mining is an energy-intensive process, largely powered by fossil fuels in China, which are holding back Beijing’s green efforts. However, Canaan CEO Zhang Nangeng said in an earnings conference call that those…

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BTC, ETH, XRP, DOGE, ZRX, ZEN, DCR—Technical Analysis June 2

Bitcoin (BTC) is trading inside a short-term symmetrical triangle. Ethereum (ETH) and Dogecoin (DOGE) have broken out from descending resistance lines. XRP (XRP) is attempting to break out above the $1.05 resistance area. 0x (ZRX) is facing resistance at $1.28. Horizen (ZEN) and Decred (DCR) are following descending resistance lines. BTC BTC has been trading…

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Crypto and Blockchain Use Scrutinized for Illegal Betting in Asia

In a recent report published by the Asian Racing Federation Council on Anti-illegal Betting & Related Financial Crime, crypto and blockchain solutions are targeted for their facilitation of illegal betting in Asia.  Blockchain and cryptocurrencies are playing an ever-increasing role in the betting and gaming industry. Blockchain-based betting platforms like CasinoLand and Augur Turbo are…

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MDEX Unleashes Wealth Effects

As the most important infrastructure for asset transactions in the DeFi ecosystem, MDEX has been attracting much attention from users. MDEX runs on the Huobi Eco Chain (Heco) and provides users services with lower transaction fees and higher efficiency. As an automatic market maker (AMM), MDEX innovatively combines the different advantages of various basic public chains…