ССenter – Blockchain and Bitcoin

2021-12-12 13:56:50 Chainalуsis service becomes compatible with Lightning Network solution

In February, the Chainalуsis blockchain data platform will begin supporting the Lightning Network Layer 2 scaling solution. Compatibility with Lightning will be available for clients of Chainalуsis software to ensure KYT (Know Your Transaction) compliance. KYT helps virtual asset service providers, such as exchanges, detect risk and illegal activity.

Virtual Asset Service Providers will now be able to approve bitcoin deposits and withdrawals on Lightning as required," said Pratima Arora, Chief Product Officer of Chainalуsis .

By enabling our customers to consistently support Lightning transactions, we hope to increase the popularity of the network and help it scale," Arora added. Open / Comment

2021-12-05 12:30:37 More cryptocurrency ads on Facebook and Instagram

Meta has authorized many more cryptocurrency and blockchain-related ads on Facebook and Instagram.

The updated social network policy expands advertisers' rights in this area from 3 to 27 regulatory licenses and simplifies the approval process for certain categories of services. In particular, products and services related to blockchain technology, payment methods, education, crypto-symbols, as well as themed events and media can be promoted without Meta's prior written approval.

The company decided to revise the rules because it believes that the crypto industry has progressed significantly in recent years, becoming more stable and largely regulated. This allowed Meta to formulate clearer and more transparent requirements in this sphere. Open / Comment

2021-12-01 20:13:28 Omicron's DeFi-Protocol token price soars thanks to new strain of coronavirus

Omicron's DeFi-Protocol (OMIC) token skyrocketed in price from $70 to more than $700 after the World Health Organization gave the same name to the recently discovered coronavirus strain B.1.1.529.

Omicron hit the market earlier this month, a few weeks before the events that caused bitcoin and global markets to fall last Friday.

The DeFi-protocol is based on Arbitrum technology, and allows users to participate in income farming. OMIC is backed by a basket of assets, including the USDC Stablecoin, and is traded on the decentralized SushiSwap exchange.

"Bought OMIC for 9 ETH. I don't think it's a good choice, but I want to try my luck with a meme token for money that won't affect my life," one investor writes. Open / Comment

2021-11-19 10:38:08 OpenSea is valued at $10 billion, $3 billion more than Gemini

The valuation of OpenSea's non-reciprocal token marketplace (NFT) could reach $10 billion in a new funding round. That's what The Information reports, citing sources close to the company's funding. For now, OpenSea is in the process of raising investments, which means that the marketplace's final valuation could still change.

Even the reported valuation is already outpacing the Winklevoss twins' regulated cryptocurrency exchange, Gemini. Gemini's valuation could be $7 billion. Now the exchange is preparing to close on $400 million in new funding. According to unofficial information, the exchange plans to spend the money raised to take over startups. It is not specified which ones.

The assessment of OpenSea was not prevented by curiosities previously covered in the media. In mid-October it became known that cybercriminals had learned to "infect" NFTs with the .svg extension on OpenSea. Open / Comment

2021-11-11 14:54:54 The owner of $5 billion in Shiba Inu transferred half of the coins to new wallets

On the night of November 3, the owner of a fortune in SHIB made four transactions to transfer 10,000,000 100,000 coins to various addresses. At the same time, these wallets had not previously been involved in any transactions. It is quite possible that the owner of tokens decided to "decentralize" his funds in order to secure them. The total value of the displaced coins was $2.76 billion.

Over the past 12 months, Shiba Inu has gained 103 million percent. Thus, an initial investment of $80,000 turned into a fortune of $5 billion, with the "dog cryptocurrency" rate increasing by 760 percent in the last month. At the end of August, the capitalization of Shiba Inu exceeded $50 billion, but today it has dropped to $35 billion.

Now the two "dog coins" - Dogecoin and Shiba Inu - are competing for the 9th position in the Coinmarketcap ranking, their capitalization differs by only 3%. Open / Comment

2021-11-03 12:17:47 The dYdX protocol has accumulated $1 billion in TVL

According to L2BEAT, a data platform related to Layer 2 Ethereum, the amount of locked-in value (TVL) in the dYdX protocol exceeded $1 billion as of October 31.

The total value held in Layer 2 Ethereum protocols was about $4.68 billion, of which dYdX took about 21.66%.

Three months ago, the total value of deposits on Layer 2 was $1 billion. Thus TVL on L2 as a whole has more than quadrupled. As of September 5, total assets deposited in Ethereum Layer 2 scale-out networks exceeded $1 billion. However, the share of StarkX's dominant scalable L2 dYdX solution was larger at the time with $285 million, which accounted for about 30% of TVL at the time.

Layer 2 is now dominated by the second-tier Arbitrum (ARB) solution, which accounts for almost %60 of L2 TVL with $2.8 billion. Open / Comment

2021-10-28 13:00:19 XDEFI Wallet Expects to Raise $12 Million

Cross-chain wallet XDEFI plans to raise $12 million by selling its new service token, XDEFI, on a decentralized exchange (DEX), a representative of the development team said. DEX's initial offering (IDO) will take place in early November on MISO, a platform specifically designed to offer new tokens on SushiSwap.

The ERC-20 compliant token will be used to fund decentralized finance (DeFi) projects and non-exchangeable tokens (NFT), the XDEFI wallet said Tuesday.

The sale, known as the initial DEX offering (IDO), will take place in early November on MISO, a platform created to offer new SushiSwap DeFi tokens.

The XDEFI wallet offers access to blockchains such as THORChain (RUNE) and Terra (LUNA), so users can easily switch between protocols. Open / Comment

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2021-10-26 14:51:28 Uniswap's aggregate trading volume exceeds $500 billion

The world's most popular decentralized exchange, Uniswap, has reached a major milestone in terms of aggregate trading volume.

Uniswap Labs said its monthly aggregate volume has reached the half-trillion dollar mark since it launched in November 2018. In its Oct. 25 tweet, the protocol team added that millions of users have direct access to markets that they can "trust are working in their best interest."

"The last three years have made it clear: Users increasingly place a high value on transparency, security, autonomy and reliability," Uniswap said in the tweet.

According to the protocol's own dashboard, Uniswap v3 has processed $1.3 billion in trade volume in the last 24 hours. Protocol v2's processing volume in the last 24 hours was $583 million, bringing DEX's daily turnover to $1.9 billion. Open / Comment

2021-10-15 20:05:55 Rari Capital doubled TVL to $1 billion in just two weeks

DeFi's lending, borrowing and yield generation protocol surpassed a key milestone in TVL. According to the app's dashboard, the total locked-in value of Rari Capital's decentralized financing protocol exceeded $1 billion. DeFiPulse confirms TVL's record high of $1.09 billion.

On Sept. 30, Rari Capital's TVL was reported to have exceeded $500,000, so it took about two weeks to double the pledge.

Rari Capital (RGT) was launched in July 2020 to automate DeFi by optimizing and moving user funds into the most profitable incentives at the time.

The recent momentum has been driven by a number of liquidity pools offering higher-than-typical returns for the industry. It currently offers 21.67% APR on USDC deposits and 26.43% APR on the DAI pool. Open / Comment