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How is CoinMarketCap Combating Fake Crypto Trading Volumes with its New Liquidity Metric?

How is CoinMarketCap Combating Fake Crypto Trading Volumes with its New Liquidity Metric?

Crypto data aggregator, CoinMarketCap (CMC), held its inaugural large-scale event, The Capital, bringing together leading stakeholders in the blockchain and cryptocurrency space. Held at the Victoria Theatre in Singapore on Nov. 12-13, CMC released its new metrics for assessing liquidity for the industry to solve the problem of volume inflation caused by crypto exchanges and market makers

Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading

Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading

Bitrue, the cryptocurrency exchange that regularly clears over $1 billion in daily volume, has announced that it will be supporting the upcoming Symbol (XYM) token airdrop. To create a market for the new token at the earliest opportunity, Bitrue will be offering trading through an IOU system.

Uniswap Tops $50 Billion in Trading Volume but Its Sources of Liquidity Are Questioned

Uniswap Tops $50 Billion in Trading Volume but Its Sources of Liquidity Are Questioned

Uniswap has recently made headlines with its total trading volume surpassing $50 billion.

Theta Token Dips by 20% as Theta Pushes Mainnet 3.0 Launch to June

Theta Token Dips by 20% as Theta Pushes Mainnet 3.0 Launch to June

Theta’s Mainnet 3.0 launch, which was previously anticipated for this April, has been pushed back to June 30, 2021.

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.

Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume

Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume

The Binance Smart Chain, a platform for building smart contracts, has surpassed the Ethereum network for transaction volume and unique active wallets.

Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date

Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date

The world's most valuation NFT by Beeple has been auctioned at Christie's for an approximate sum of $69.3 million

Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?

Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?

The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.

Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze

Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze

Under the influence of the decentralized finance (DeFi) craze, decentralized exchange Uniswap has processed $15.3 billion in monthly volume in September.

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

The NFT hype has been escalating and many artists and celebrities have capitalized on the trend to produce a NFT of their own.

Dogecoin Accepted as Payment by NBA's Dallas Mavericks as Owner Mark Cuban Invests in NFT Platform

Dogecoin Accepted as Payment by NBA's Dallas Mavericks as Owner Mark Cuban Invests in NFT Platform

NBA's Dallas Mavericks will be accepting Dogecoin (DOGE) payments for tickets and merchandise purchased online.

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