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Altcoin - The Urban Mine

Category: Altcoin

Whales Are Amassing Two Ethereum-Based Altcoins As Bitcoin and Crypto Consolidation Continues

The largest whales in the Ethereum ecosystem are heavily loading up on two low-cap tokens as the crypto markets continue to consolidate. The latest figures from whale-tracking website WhaleStats are showing the current holding habits of the 1,000 largest non-exchange Ethereum (ETH) addresses. The platform compiles a list of the top 10 holdings of the

Binance Singapore withdraws crypto license application

Crypto exchange Binance has withdrawn its application with the Monetary Authority of Singapore (MAS) for a digital payment token (DPT) services license.  Starting Dec. 13, Binance.sg has stopped onboarding new users and will not allow Singaporeans to deposit cryptocurrencies or fiat on the exchange. By Feb 13, 2022, Binance plans to “wind down” all services

Polygon Announces Nearly $500,000,000 Deal in Effort To Lead Ethereum-Scaling Solution Race

Ethereum layer 2 solution Polygon is unveiling a massive acquisition worth hundreds of millions of dollars to expand its repertoire of scaling technologies. In a new blog post, Polygon (MATIC) announces the acquisition of Mir, a startup focused on developing zero-knowledge (ZK) technology. ZK-rollups are layer 2 solutions that bundle hundreds of transactions off-chain and

Coinbase Launches Ethereum-Based DeFi Yield Product for Global Customers – Here Are the Eligible Countries

Coinbase is adding decentralized finance (DeFi) investing for users in dozens of countries around the world. In a new blog post, the US-based exchange announces that customers can earn variable-yield interest by holding the Dai (DAI) stablecoin. Coinbase says the DeFi yield feature aims to make access simple and affordable. “Accessing DeFi protocols can require