Binance-owned Indian crypto exchange WazirX said its userbase has grown by over 10 times to 10 million, this year.WazirX recorded trading volume of over $38 billion YTD, equating to an average month-on-month growth of 44%, the exchange announced on Friday.The company reported growth of 2,648% in user signups from Tier II and Tier III cities - in other words, large cities in the … [Read more...] about Indian Crypto Exchange WazirX Says Userbase Has Grown Over 10 Times in 2021
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DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis
This finding, which the blockchain data firm published Tuesday, showed that as cryptocurrency exchange competition has intensified, the crypto market – especially large, sophisticated crypto traders – has favored exchanges with high innovation and scalability. Source link … [Read more...] about DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis
Global Bitcoin mining industry’s sustainable electricity usage has grown to 57.7%
The Bitcoin Mining Council (BMC) has recently published the findings of its Q3 2021 survey, which revealed that the global Bitcoin (BTC) mining industry continues increasing the utilization of sustainable energy.The BMC is a voluntary association of Bitcoin miners, founded in May 2021 with support from some of the largest Bitcoin mining companies along with MicroStrategy and … [Read more...] about Global Bitcoin mining industry’s sustainable electricity usage has grown to 57.7%
NFT gaming giant Axie Infinity (AXS) has grown 750x in just one year
It is fair to say that the play-to-earn economy is booming and NFT platforms are profiting from growing demand. Developed by Sky Mavis, a Vietnamese gaming studio, Axie Infinity (AXS) surpassed 1 billion in sales and is transforming the world of gaming. With over 1 million active daily users, this cleverly positioned NFT marketplace is bringing fun furry creatures to the … [Read more...] about NFT gaming giant Axie Infinity (AXS) has grown 750x in just one year
PayPay CEO reveals crypto business has grown “multiple-fold,” teases digital dollars
In an interview over the weekend, PayPal CEO, Dan Schulman, described how his firm could provide an intermediary service distributing a potential U.S. central bank digital currency (CBDC), should the Federal Reserve Board decide to follow through.Current reports put the U.S central bank on the fence as far as greenlighting the digital dollar. But with Schulman talking about … [Read more...] about PayPay CEO reveals crypto business has grown “multiple-fold,” teases digital dollars