Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use the Korean won to trade the crypto asset, which has since been named a “dark coin.” Upgrade Violates Specific Financial Information Act Following the recent Mimblewimble Extension Blocks (MWEB) upgrade to litecoin, five of South Korea’s major… Source link

Although digital assets have recently gained popularity, expert investors are big on decentralised finance (DeFi). Many believe that DeFi is the key to unlocking crypto’s full potential. Here is why. What Is DeFi? Although many people claim to have made thousands of dollars by trading cryptocurrency, it is always important that you do your own research before investing in an asset. This is because making the right investment can be your key to success. But picking a token that will continue… Source link

Cryptocurrency has long been downplayed by governments and central banks as a fantasy world; a place of make-believe for rich kids; a currency of no real substance. This has never been the case though, and now more than ever we are seeing just how important cryptocurrency is for the future of financial independence for the human race. Mehracki (MKI), Ethereum (ETH) and Dash (DASH) are making cryptocurrency very much part of the real world, and each poses a huge threat to the global elite’s… Source link

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

The total number of addresses on June 6 amounted to 207,606,780 ETH Price at the time of writing – $1,797.71 Ethereum’s total value locked in decentralized finance shrunk 35%  Notwithstanding the cryptographic money market switching back and forth between red and green, battling to hit a bullish streak, one of its significant resources – Ethereum (ETH) – has been gathering countless new addresses. In particular, the organization has been adding around 500,000 new addresses every… Source link

Despite ongoing price doldrums, investors continue to accumulate Bitcoin at a rapid pace to the tune of hundreds of millions of dollars worth of BTC, according to crypto analytics firm IntoTheBlock. In a new analysis, Lucas Outumuro, head of research at IntoTheBlock, notes that centralized exchanges witnessed $730 million worth of BTC net outflows in the past week, on the heels of $1 billion worth of outflows the week before. According to the analytics firm, net outflows are the… Source link

The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cryptos have lost 50% to more than 80% from their all-time price highs. How Low Can the Crypto Economy Go? It hasn’t been a great week for crypto assets, as the top ten digital currencies are down between 4% to 15% during the last seven days…. Source link

Litecoin Falls 10% In Rout Investing.com – was trading at $52.100 by 11:38 (15:38 GMT) on the Investing.com Index on Saturday, down 10.17% on the day. It was the largest one-day percentage loss since May 11. The move downwards pushed Litecoin’s market cap down to $3.739B, or 0.33% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $52.100 to $57.800 in the previous twenty-four hours. Over the past seven days,… Source link

Anurag Batham is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer. Source link