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DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.

Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

After topping a market cap of $1 trillion last week, the crypto market has since plummeted, wiping out nearly $170 billion in the last 24 hours.

Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge

Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge

Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.

MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin

MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin

MicroStrategy has announced that it has just invested another $1 billion in Bitcoin, purchasing the digital asset as it was trading around $52,765.

Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030

Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030

Nigeria says that blockchain in the country could generate a revenue of between $6 and $10 billion in 10 years.

Ethereum’s Daily Transfers Have Increased from $373 Million to Over $9 Billion in Just a Year

Ethereum’s Daily Transfers Have Increased from $373 Million to Over $9 Billion in Just a Year

Ethereum has been transacting enormous daily volumes to the tune of more than $9 billion.

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