Ariva, a next-generation tourism & travel blockchain protocol, has announced a partnership with World Tourism Forum Institute and Global Tourism Forum. This is a significant development and will place Ariva at the forefront of the tourism industry.
The FTX cryptocurrency exchange has announced the close of its latest funding round, during which the rapidly growing digital asset trading platform raised $400 million from a series of high-profile investors.
Let’s face it, centralized finance (CeFi) is the legacy financial architecture. The main characteristic of CeFi services is that they are run by centralized entities, such as banks, hedge funds, corporations, etc. Even though most blockchains are decentralized, there are many centralized companies operating in the cryptocurrency space that belong to the CeFi category – think of centralized exchanges (CEXs), centralized lending service providers (BlockFi, Nexo), and a vast number of other firms offering CeFi services to the crypto-savvy audience.
You have probably already noticed how the metaverse is getting more and more popular every day, accelerated by Facebook’s strategic move to rebrand to Meta and develop their own metaverse. We are entering into a generational shift, people are buying virtual land for large sums of money, and big brands such as Nike & Adidas are on their way to developing virtual spaces in blockchain based games such as The Sandbox and Decentraland.
The LooksRare non-fungible token (NFT) marketplace has made quite an entrance onto the digital collectibles space – in the first few weeks since its launch, LooksRare cleared triple the amount of transactions volume of the world’s largest NFT market, OpenSea. However, the vast majority of trading volume can be attributed to the practice known as wash trading.
Lausanne, Switzerland, 31st January, 2022, Alephium, an innovative Layer 1 blockchain announces today its first official listing on the top 10 exchange Gate.io. Gate.io First to List ALPH Token “We are very happy to have partnered with Gate.io for our first listing, this is a strong vote of confidence in our tech, our team and…
The rising popularity of cryptocurrency begs the question: How will cryptocurrency shape the economy of the future? Big companies like Tesla have already invested a lot in Bitcoin and more companies are considering it, some have even made it possible for customers to make payments using cryptocurrency. How will this affect the rest of the economy?
While more than half coins and tokens from the top 100 cryptocurrencies ended Week 4 with green numbers, the recorded gains were far lower than the losses incurred during the most recent notable sell-off. This is resembled also in the total cryptocurrency market capitalization which only rose from $1.70 trillion to $1.75 trillion. While two of the largest and most well-known digital assets both recorded notable gains (BTC is up by almost 7% during the last 7 days, ETH by almost 6%), some coins, especially those belonging to PoS chains, have had a much worse week. Terra’s LUNA (-30.2% in the last 7D), for example, claimed the inglorious title of the worst performing coin among Top 200 cryptocurrencies.
Algorithmic (algo) or automated trading is one of the most used trading systems in today’s financial market, accounting for 85% of the volumes traded in the U.S stock market. This form of trading rose to popularity in the 1990s following the transition of the stock market to an electronically-traded market. The internet has also played a fundamental role in the advancement and adoption of algorithmic trading.