SegWit has come a long way since its first appearance during the 2015-2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are still not committed to using SegWit addresses for sending Bitcoin (BTC). Implemented in 2017, segregated witness (SegWit) is a soft fork upgrade that separates “witness” data from … [Read more...] about Bitcoin SegWit adoption lags among major exchanges: Glassnode
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Users flock to Curve amid lack of stablecoin liquidity on major DEXs
In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of 1:1 against the U.S. Dollar."Magic Internet Money," joked cryptotutor, as he attempted to swap approximately $1 million in MIM but … [Read more...] about Users flock to Curve amid lack of stablecoin liquidity on major DEXs
Fantom, Harmony Lead Gains in Major Cryptos as DeFi Narrative Heats Up
Harmony enjoyed much of its hype in the past month with the rise of DeFi Kingdom, an integrated game, exchange, and non-fungible token (NFT) project that’s locked over $740 million worth of its native token, JEWEL, and other assets since its launch. Source link … [Read more...] about Fantom, Harmony Lead Gains in Major Cryptos as DeFi Narrative Heats Up
Axie Infinity’s Gaming Sidechain Is Bigger Than Many Major Layer 1 Blockchains by Volume: Nansen
At its peak in November, Ronin, a layer 2 product from Axie Infinity developer Sky Mavis devoted solely to the game, processed 560% more total transactions than the Ethereum blockchain, the report found. And while that figure has since retreated, the sidechain is still processing more than up-and-coming networks such as Avalanche and Fantom. Source link … [Read more...] about Axie Infinity’s Gaming Sidechain Is Bigger Than Many Major Layer 1 Blockchains by Volume: Nansen
Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored
It’s hard to know how long the internet will continue to operate. The country’s internet has been restored several times over the past few days, but these moments are “brief and unpredictable, affecting different providers and regions at different times,” NetBlocks founder Alp Toker told CoinDesk. Beyond implications for human rights, the intermittent network “can’t reliably … [Read more...] about Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored