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Cryptocurrencies/Coins/DeFiChain (DFI)
DeFiChain price, market cap on Coin360 heatmap

DeFiChain(DFI)

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$0.479684
(-0.54%)
0.00002815 BTC
Market Cap (Rank#121)
$244,992,812
14,377 BTC
Vol 24h
$557,906
32.7395 BTC
Circulating Supply
510,738,160.85
Max Supply
1,200,000,000
14h agocoindesk
Don’t Let the Neckwear Fool You
This anonymous account has been converting TradFi Toms into crypto bros. That’s why BowTied Bull is one of CoinDesk’s Most Influential 2022.
3 days agocryptodaily
Sam Bankman-Fried Denies Wrongdoing, Crypto Daily TV 2/12/2022
In Todays Headline TV CryptoDaily News: Sam Bankman-Fried denies 'improper use' of customer funds. Fried, the embattled former CEO of cryptocurrency giant FTX and trading firm Alameda Research, said that he was ultimately responsible for the downfall of both companies, but denied that he knew "that there was any improper use of customer funds. Senate committee ponders crypto regulation in wake of FTX collapse The collapse of the world's third-largest cryptocurrency exchange has sparked renewed calls for regulation of the industry, and it appears that bipartisan support for such regulations exists. TradFi giant TP ICAP gains UK crypto license. TP ICAP, the world’s largest interdealer-broker, has registered as a digital asset provider with the U.K.’s Financial Services Authority as it attempts to break into the crypto world via its Fusion Digital Assets marketplace. BTC/USD dove 1.3% in the last session. The Bitcoin-Dollar pair plummeted 1.3% in the last session. The RSI is giving a positive signal. Support is at 16163.3333 and resistance is at 17747.3333. The RSI is currently in positive territory. ETH/USD plummeted 1.4% in the last session. The Ethereum-Dollar pair plummeted 1.4% in the last session. The Stochastic-RSI indicates an overbought market. Support is at 1179.4033 and resistance is at 1362.4233. The Stochastic-RSI is signalling an overbought market. XRP/USD plummeted 2.6% in the last session. The Ripple-Dollar pair plummeted 2.6% in the last session. The ROC is giving a negative signal. Support is at 0.3862 and resistance is at 0.422. The ROC is currently in the negative zone. LTC/USD dove 1.6% in the last session. The Litecoin-Dollar pair dropped 1.6% in the last session after rising as much as 1.7% during the session. The Williams indicator indicates an overbought market. Support is at 73.451 and resistance is at 83.371. The Williams indicator is signalling an overbought market. Daily Economic Calendar: US Nonfarm Payrolls The Nonfarm Payrolls presents the number of new jobs created during the previous month, excluding the agricultural sector. The US Nonfarm Payrolls will be released at 13:30 GMT, the US Average Hourly Earnings at 13:30 GMT, and Germany's Trade Balance at 07:00 GMT. US Average Hourly Earnings The Average Hourly Earnings is a significant indicator of labor cost inflation and of the tightness of labor markets. DE Trade Balance The Trade Balance is the total difference between exports and imports of goods and services. A positive value shows a trade surplus, while a negative value represents a trade deficit. DE Exports The Exports measure the local economy's total exports of goods and services. Steady demand for exports helps to support growth in the trade surplus. Germany's Exports will be released at 07:00 GMT, Japan's CFTC JPY NC Net Positions at 20:30 GMT, the UK's CFTC GBP NC Net Positions at 20:30 GMT. JP CFTC JPY NC Net Positions The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. UK CFTC GBP NC Net Positions The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days agocoindesk
TradFi Giant TP ICAP Gains UK Crypto License
Fusion Digital Assets aims to offer a platform for matching crypto spot orders and execute trades
5 days agocryptodaily
50 days left until Digital Assets Summit in Switzerland
Zurich, Switzerland, 30th November, 2022, ChainwireOne of Europe’s most exciting blockchain conferences — the World Crypto Conference 2023 — will be held from Jan. 13 to 15 in Switzerland, the global center of traditional finance and one of the world’s most crypto-friendly countries. Fittingly, the WCC2023 takes place just before the annual World Economic Forum in Davos. Delegates to both events will be debating the economic and social impact of technology, and especially the transition to Web3. The specific goal of the WCC2023 is to bridge the gap between the traditional world of finance and business (TradFi) and the crypto world. It also aims to facilitate mass adoption of crypto assets and the creation of sustainable, fast and secure financial systems. It will encourage collaboration and networking between TradFi and DeFi companies, and connect traditional IT companies with Web3. The event timing could not be better, coinciding with the move of several TradFi institutions toward blockchain solutions. Who would have expected the conservative Deutsche Bank or the Nasdaq to be building capabilities for digital assets? “The move is driven by clients demanding institutional-grade solutions in the crypto space,” said Robin Vince, CEO of BNY Mellon, America’s oldest bank, with $43 trillion in assets under management. A survey in early 2022 showed that 91% of large institutional asset managers, asset owners and hedge funds were interested in investing in tokenized assets. Rubbing shoulders with the experts Crypto’s top players and pioneers, blockchain evangelists and business leaders will meet in Zurich to discuss the future of digital assets, DeFi, CeFi, TradFi, GameFi, NFTs, the Metaverse, Web3, DAOs, cross-border payments, tokenization and fractional ownership, regulation and more. Key opinion leaders, including Carl Runefelt (The Moon Group), Ben Armstrong (Bitboy Crypto) and other influencers will host live fan meetups, sharing how to build financial freedom and authentic social media channels and communities. Some of the biggest traditional banks and their digital asset departments have accepted the invitation to get to know the people in the crypto space, get in touch with blockchain builders, developers and general enthusiasts while increasing their trust in the possibilities of Web3. Industry leaders such as Huobi, Sandbox, BitMEX, Sygnum, Animoca Brands, Coinbase, IBM and others will be there. Many more will join in the coming weeks. Delegate experience is top of mind There are exciting features to ensure active participation from delegates. Even buying a ticket will be an experience — and comes with an NFT. This way, people will gain first-hand experience with this blockchain technology, and how it can be adapted to other economic sectors. There are also limited tickets for students at special rates. The WCC2023 is the first conference to be held on the Metaverse, and will be live-streamed for those who cannot attend in person and for those who want to experience it all over again. Delegates will get crypto trading tips by watching top influencers trading live on CEX exchanges, and they can participate in a trading competition. Delegates can also attend crash courses and learn about the newest trends in Web3, NFTs and the Metaverse on Day One. On Day Three, 10 top crypto projects will present their pitches to compete for an investment prize established by VCs. There will also be networking opportunities aplenty, with dinners, parties, breakfasts, workshops and special events for those with VIP or Whale passes. What’s on the agenda? Conference success depends on the quality of the speakers, the range and relevance of the topics, and the opportunity for delegates to meet and debate the issues. WCC2023 will certainly meet these criteria. Just three names in the current list of 50 speakers: Mehdi Farooq — senior tokenomics analyst at Animoca Brands Michela Silvestri — institutional business development at Huobi Global Peter Hofmann — regional manager at Coinbase There will also be experts from Sygnum, the world’s first digital asset bank, GSR, a global leader in crypto trading and market making, Ledger, the digital wallet company, and Animoca Brands, a Hong Kong-based game software company. Alexandre Auriol from Sandbox and Julien Bouteloup of Curve Finance will provide perspectives of companies at the cutting edge of blockchain and DeFi. TradFi will be well represented at the event, with Luc Froehlich from Fidelity International, a London-based investment management company founded in 1969 and with $813 billion in AUM; Alexander Bechtel from DWS, a German asset management company established in 1956 and with 928 billion euros in AUM; and Niccolò Bardoscia, vice president at Intesa SanPaolo, Italy’s largest bank by total assets and the world’s 27th-largest. The World Crypto Conference 2023 promises to be well-timed, well-placed and well-attended. For more information and to secure tickets, visit the event site, Telegram, or Twitter.ContactFounderGabriele PauliukaiteWorld Crypto [email protected]+4593846272
6 days agocryptopotato
Play-to-Earn With the New Rebus Utility Token
[PRESS RELEASE – Please Read Disclaimer] One of the main goals of Rebus is to reimagine TradFi and DeFi to increase adoption and benefit more than just $REBUS holders, but the entire ecosystem of users. With an emerging gaming market on Web3, Rebus has created a way to capitalize on play-to-earn crypto gaming. That’s where […]
6 days agocryptodaily
The Solution To Crypto Private Key Management Has Arrived
Anyone who knows anything about crypto safety and security will have heard of the mantra “not your keys, not your coins”. For those who really care about securing their crypto, it’s imperative to maintain control of your private key - a randomly generated string of letters and numbers that provides access to your crypto wallet. Those who don’t control the keys do not control their funds, as customers of the popular crypto exchange FTX recently found out. Anyone who leaves their crypto in an exchange account is essentially trusting that platform to hold onto their funds for them - and that clearly isn’t a good idea. But as foolish as it is, people continue to trust cryptocurrency exchanges. That’s because so-called non-custodial wallets have indirectly caused the loss of an estimated $100 billion worth of Bitcoin alone, due to people losing their private key and being unable to access their funds. It’s no joke, as Briton James Howells discovered back in 2013 when he accidentally threw away a hard drive containing Bitcoin that is now estimated to be worth $200 million. The private keys were saved on the same hard drive that is now buried in a landfill site, meaning that he has no way to recover his lost fortune. It’s a dilemma that’s bad for crypto. With no easy system in place for people to retain control of their funds, the industry will probably never be able to achieve its goal of onboarding billions of people around the world into an alternative financial system. However, it doesn’t have to be this way. There’s a misnomer in crypto that users have a straightforward choice between using a centralized exchange, which means entrusting their funds with a third-party, or a non-custodial wallet, where they retain the private key. Leaving your funds in a crypto exchange means giving up your control and freedom in return for the peace of mind that, if you somehow lose your password, you’ll still be able to recover it through email and access your funds. It’s a trade off though, because exchanges have shown time and time again that they can’t be trusted to manage their customer’s funds. The only alternative is to manage your private keys yourself, and run the risk of one day misplacing them and losing access to your funds forever. Introducing the MPC Wallet: A Safer Option What few people realize is that there’s actually a third option, which offers a much better way. It’s a relatively unknown solution called the Multi-Party Computation wallet and can be thought of as a kind of hybrid between the two above options. MPC wallets are a viable solution that have already been adopted by institutional investors for some time already. Services such as Fireblocks, for instance, have been helping big-bucks investors retain safe custody of millions of dollars worth of crypto assets for years, and it’s about time that this technology has the same impact in the consumer space. What is an MPC Wallet? MPC wallets use some cryptographic wizardry to create a secure key management system that allows multiple parties to generate a new key, sign and verify transactions, securely and without any single point of failure. The way they work is quite technical, but essentially what happens is that the private key is split into multiple pieces that are linked using cryptographic techniques. As such, the task of verifying a transaction is split into smaller parts that are completed by multiple, different parties. Once all of these individual parts have been completed, they can be combined to verify the final result. It’s an approach that provides greater security and anonymity to users. The advantages of MPC wallets is that the user never has to deal with the private key. It means they can always access their wallet and the funds within it, and there’s no single point of failure that would enable hackers to access it. What MPC Wallets Are There? MPC wallets were traditionally only been available to institutions through a provider called Fireblocks. Its MPC wallet service essentially breaks up the private keys into multiple shards that are distributed between various parties, who must each verify a transaction before it can be confirmed. The requirement for multiple parties to be involved meant that it was difficult to provide this kind of service to consumers, but that has changed with the availability of MPC wallets from Coinbase and ZenGo. Coinbase introduced its MPC wallet earlier this year, allowing users to access a range of third-party dApps directly within the Coinbase applications. ZenGo, meanwhile, has actually been around for several years. In both cases, the way it works is that the user retains a part of their private key, with Coinbase or ZenGo storing the other part and helping the user to verify transactions. In this way, the wallet provider is unable to access the user’s funds. The main benefit for users is that they don’t have to worry about losing their private key as they never actually see it. Coinbase promises users that, even if they lose access to their device, the key to their wallet will remain safe and can be accessed with the company’s assistance through its live support channels. In the case of ZenGo, it relies on an encrypted biometric scan, email authorization and recovery software that’s installed on the user’s smartphone or laptop. By combining these technologies, ZenGo provides a simple way for users to access their wallet, without them ever having to worry about the private key. Recoverability Encourages Adoption The harsh reality is that it’s impossible to recover a traditional non-custodial wallet if you lose the private key. On the other hand, MPC wallets provide a familiar recovery experience, similar to the process of restoring access to a social media account. This kind of recoverability capability is likely to be crucial going forward. With episodes like FTX, users have become acutely aware of the dangers of keeping their funds on an exchange. Yet the alternative of trying to securely store a private key somewhere and never losing it is not appealing. It’s fair to say that many people simply do not trust themselves to look after something that’s so important. If the crypto industry is to onboard billions of users around the world, a safe and secure recovery method is absolutely a must-have. By providing a way for new users to hold assets without worrying about losing their private key, MPC is opening the door to crypto for millions of new users. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
11 days agocryptodaily
K-Pop Girls tripleS Album Leads With Blockchain-Backed Track
Seoul is truly booming with life. There are close to 18 million people living here, and this number will only continue to rise. Korean Pop Artists are everywhere you look - what used to be considered niche is now mainstream entertainment for all ages - one of which just happens to be tripleS, an international girl group that has its roots in Seoul, but what’s different about this group is that it has merged music with the blockchain. tripleS has managed to introduce blockchain technology to the K-Pop scene—something no other company has been able to do before them. This sensational pop act was founded through a partnership between Modhaus Entertainment and some of the biggest Web 3 talent around today. On November 24th, tripleS made its explosive debut onto the world stage with their first album, Access. Just 3 weeks after its release and 28 million YouTube views later - it's obvious the girls are here to stay. Who is tripleS? tripleS is a South Korean girl group consisting of 24 girls with varying skillsets who all combine together through voting using blockchain technology; this idea was conceptualized by Modhaus and brought into fruition with the help of tripleS' very own shareholders (MOD token holders). With these new roots now set deep within the industries of pop music and Blockchain Technology, it seems like an unstoppable force for innovation will emerge from this latest trend. Access was released on October 28th featuring six songs: Access, Rolex, Charla, Dimension, +82 and Generation. Within 24 hours of its release, the title song Generation racked up over one million views. This jump in popularity led to other aspects of tripleS's social media being updated, including increased Twitter followers (from 19K to 51K), Instagram followers (7K to 73K) and TikTok followers (100k+to 705k). The song Generation explores the blurred lines between offline life and the digital age where people don't know what it means to have lived without the internet. At the end of this music video showcasing various scenes throughout Seoul, AAA introduces their next subunit (+)(KR)ystal Eyes who will be releasing new material soon. The Merge of Music and Blockchain Technology Modhaus is an Ethereum-based project that aims to promote Korean pop music via blockchain technology. They hope to bring fans closer to creators by giving them the power over decision making, which benefits them at every stage of production. Modhaus partners with Sandbox Network and creates virtual items through an NFT protocol they call triple S. This includes avatar costumes, shirts, and other digital memorabilia. Furthermore, they're partnering with GameFi communities like Guildfi or Ancient 8 League of Thrones so they can give away triple S tokens within these groups as well. With worldwide recognition coming at such an early stage in tripleS career, it seems like there'll be no limit on how far they'll go! Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
14 days agocointelegraph
BOE’s Cunliffe says regulation can save crypto from itself, and it’s worth the effort
Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly cemented already, Cunliffe said.
14 days agocryptodaily
Bitcoin.com Promotes Self-Custody With Rewards For FTX Victims
Source: Depositphotos The recent collapse of the FTX exchange caused thousands of crypto users to lose millions of dollars in value, and did untold damage to the wider cryptocurrency ecosystem. But it wasn’t crypto itself that was at fault, but rather the centralized nature of FTX’s business model. That’s the message Bitcoin.com is aiming to get across with its latest initiative, the CEX Education Program, which was announced at the weekend. Moreover, to encourage users to move away from centralized platforms and adopt self-custody of their crypto assets, it’s offering anyone who lost money at FTX, or other platforms that collapsed recently - such as BlockFi, Voyager and Celsius - some compensation in the form of its own VERSE token. While Bitcoin.com obviously can’t cover everyone’s losses, it’s hoped that the VERSE tokens will at least provide some relief. Most of all, it’s hoped that the handout will encourage users to take full custody of their crypto assets in future, and prevent the kind of painful losses experienced by FTX’s users from happening again. The collapse of FTX was one of the most painful episodes in crypto’s long and turbulent history. It’s not clear exactly how many victims there are or how much people are owed, but the most recent reports suggest that FTX owes its biggest creditors more than $3.1 billion. Unfortunately those users are unlikely to recover everything they have lost. It has been widely reported that FTX’s management was guilty of recklessly mismanaging its users funds, and millions of dollars have likely been lost on poor investments. It was the centralized nature of FTX that made this possible. Despite being focused on cryptocurrency, FTX’s business model was really no different from that of traditional banks. It was in the business of making money, and its dealings were completely opaque. Users who deposited money in FTX were essentially giving them full control over their funds, as the exchange held the private keys to their wallets. When it came to the crunch, FTX simply didn’t have enough funds on hand to pay everyone back when rumors of its lack of liquidity surfaced. It was forced to declare bankruptcy as a result.Dennis Jarvis, CEO of Bitcoin.com, spelled out the dangers of trusting centralized platforms. “Lack of transparency in the centralized model, whether it be in crypto or tradfi, is an enabler for the gross mismanagement of customer funds and, in some cases, blatant fraud,” he said. The CEO explained that while centralized platforms like FTX masquerade as crypto companies, their main focus is on separating users from their crypto assets. The model goes against the entire ethos of crypto, he said, which is all about empowering people to take control of their financial assets. “The CEX Education Program is an effort to provide the incentives needed to encourage the transition away from risky centralized exchanges to self-custody, where the real benefits of this technology lie,” Jarvis said. The CEX Education Program aims to educate people about the need for self-custody of their crypto assets. It encourages users to adopt a non-custodial wallet, such as Bitcoin.com’s Wallet, which allows users to control their private keys. So long as users have the private key in their possession, they’ll always be able to access their crypto holdings, even if their existing wallet becomes inaccessible. They can simply use another wallet, enter the private key, and their tokens will be available there instead. To incentivize users to take back control, Bitcoin.com is inviting victims of FTX and other platforms to sign up at getverse.com and receive a free reward in the shape of VERSE tokens. VERSE is the utility token for the Bitcoin.com ecosystem, and provides holders with a way to earn additional rewards for holding, buying, selling, trading and using cryptocurrency, and also vote on matters of governance. Bitcoin.com said it is dedicating 5% of the total supply of VERSE to the CEX Education Program. The rewards will become available in December when the token launches. Jarvis said the FTX episode was extremely unfortunate due to the damage done to the crypto industry. He said many users who got burned will likely leave the crypto space for good, while others who were on the sidelines will likely stay away for good. “That's a real shame because decentralized finance is a force for good,” Jarvis promised. “Bitcoin.com has decided to do something about this situation that will extend some sort of recompense, promote the foundational tenets of self-custody and DeFi, and help build back this industry stronger than ever.” Hopefully, Jarvis’s message will not fall on deaf ears. Bitcoin.com is one of the largest crypto ecosystems in the business, with more than 35 million registered Bitcoin.com wallets across five blockchains, including Bitcoin, Ethereum, Avalanche and Polygon. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
19 days agocoindesk
First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle
The widening fallout from FTX, now includes Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?
25 days agocryptodaily
Dogeliens is One Step Ahead of Even Dogecoin And Shiba Inu — A Peek Into The Underlying Mechanisms of Uniswap And Near Protocol
Despite being cold initially, the clouds of distrust, doubt, and fear are drifting away as the industry stretches into many other domains. With such ample opportunities comes great responsibility because the market is flooded with tokens, and it’s pretty challenging to decide which one to go with - this demands some arduous research skills because unless one dives into the project in and out, there’s no way they can make anything out of it. To fill in this gap, this guide casts an umbrella over what you need - we’ve got a list of three tokens that can potentially help you cherish the gains without putting much at stake. To start with, it’s Dogeliens (DOGET) - the new meme coin sensation. Dogeliens (DOGET): Meme Coin with Greater Usability Meme coins have flourished in recent years, the industry indeed was static, but if we were to be blunter, it was dead. It was Elon who blew soul into one of the meme coins in 2018 for the first time and eluded to adding Dogecoin (DOGE) as means to buy Tesla. The news spread like wildfire, and the stocks of Dogecoin (DOGE) skyrocketed despite being dead for four long years. And the same trend was then followed for Shiba Inu. This set a brick in place for many meme coins to come in the future. Dogeliens (DOGET) is an offspring that has succeeded in implementing its plan.The issue with the previous meme coins is their uni-directional approach to go about catching attention. Those coins were more centered on fueling their concepts via marketing campaigns, which is why some failed miserably. How different is Dogeliens (DOGET)? Dogeliens Token (DOGET) stabs into the soil and sets a green flag for the Metaverse. It’s an extension of the concept already selling fast, so it undoubtedly has leverage over its counterparts. Another parameter that sets it apart is how it has conducted itself - it’s not merely a meme coin out there to make people laugh and get away. Its roots lie deep in the idea of providing value to the audience at any cost. This includes enlisting Dogeliens (DOGET) as an NFT and encouraging NFTs to trade on the platform, enabling the community to taste the core of Web 3.0 – this paves the way for multiple other avenues. You know what? The presale is ON for Dogeliens (DOGET), and it’ll be gone soon. This is your time to go big and leave a mark. You can’t just sit down with your hands under your cheek, waiting for a miracle to turn your fate around - you’ve got to work for it! Anyway, there’s an offer for Dogeliens(DOGET) where if you refer it and the other party buys the token for 250 USD, you both will have free 50 USD worth of DOGET.What is holding you back? What is UniSwap (UNI)? UniSwap (UNI) is designed to offer a helping hand to entrepreneurs and new developers dreaming of trying their luck in a blockchain world. Now, with UniSwap (UNI), anyone can optimize the code and establish their exchange without going through rigorous procedures from scratch. UniSwap (UNI) supports ERC-20 tokens and believes in decentralizing the power, stripping it away from the centralized bodies. On CoinMarketCap, UniSwap is ranked at #17 and sold for 7 USD. What is NEAR Protocol (NEAR)? Near Protocol (NEAR) is a strong contender to the Ethereum network because it, too, is primed to present itself as a platform where developers can come over and place their decentralized applications. Near Protocol is ranked at #29 on CoinMarketCap, and sold for approximately 3 USD. For more information about Dogeliens (DOGET), please visit the following links: Presale: https://buy.dogeliens.io/ Website: http://dogeliens.io/ Telegram: https://t.me/DogeliensOfficial Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
26 days agocryptodaily
Israel Crypto Conference Returns to ZOA Tel Aviv on December 7
Tel Aviv, Israel, 9th November, 2022, ChainwireThe winter edition of Israel Crypto Conference (ICC) is returning to ZOA Tel Aviv on December 7. The day-long event will bring together industry leaders, blockchain companies, and the wider crypto community for a series of insightful keynotes and panel discussions. At ICC winter edition, delegates will have an opportunity to discuss the broader impact of blockchain technology and to hear about the ways in which it is positively impacting people’s lives. Topics under the spotlight include an institutional appetite for crypto, the emergence of new use cases, and the ways in which the industry is evolving to better meet consumer demand. There will be a particular focus on web3, with ICC tackling such issues as: Correlation between DeFi, TradFi, and CBDCs Entrepreneurship: how to fund ventures in crypto winter Regulatory trends and how the industry adjusts to comply Metaverse and NFTs How web2 players will enter web3 Improving blockchain security to reduce attack vectors Spotlight on new layer-1 and layer-2 networks Over 600 delegates are expected to attend the event at ZOA Tel Aviv Daniel Frish 1, which will be tailored to the needs of two specific groups. The main conference will unfold in the ZOA House theater in Tel Aviv, where a series of panels and presentations have been lined up. There will also be a separate workshop for builders and developers that’s focused on ways in which the underlying technology can be utilized to greater effect. Partners confirmed for the event include SCRT Labs, SSV Network, Fuse.io, Chainalysis, AWS, Social Wisdom, Masterkey, Crymbo, Barclays, SquarePeg, Ethereum Foundation, and Chromia, Speakers, and sponsors interested in becoming part of the Israel Crypto Conference are invited to contact [email protected] About Israel Crypto Conference ICC is Israel’s premier blockchain event. Hosted in Tel Aviv, the bi-annual conference brings together leading crypto companies and financial experts from across Israel and beyond. Delegates can look forward to a varied programme that includes practical talks, workshops, and panel discussions together with networking opportunities. For more information, visit: https://www.israelcrypto.io/events/israel-crypto-conferenceContactIsrael crypto [email protected]+972544543172
26 days agocryptodaily
Switzerland has built a reputation as the “Crypto Nation”
Switzerland has built a reputation as a leading EU country in the crypto and blockchain industries. Due to its positive crypto regulations and the fact that it is home to some of the top crypto organizations in the world, Switzerland is often referred to as “Crypto Valley.” Blockchain solution providers are moving their companies from the EU countries to Switzerland because of the welcoming political and legal crypto environment. So what’s Switzerland`s secret? In 2020 the Swiss Parliament, in addition to the already existing legal framework, passed “umbrella legislation” which allows for the tokenization of rights, claims, and financial instruments. This was perceived as a game changer because it allows a secure and direct transfer of legal ownership rights that are automatically transferred via the blockchain to each new investor. In such a way, more and more investors could be attracted since blockchain provides them with legal certainty. Thus, even though it's traded in a foreign jurisdiction, you would still look at the underlying right for investors to have the confidence to invest in that asset. In Switzerland, blockchain and cryptocurrencies are popular with the public as well as private sectors. After the capital of the “Crypto Valley”, the city of Zug, successfully launched its blockchain-based digital identity (SSI) program, the Swiss government plans to start the same initiative on the national level. SSI enables citizens to have full control over their own data and makes their legal actions secure and transparent. Additionally, Swiss government agencies accept digital currencies as a form of payment which today is very convenient. The demand for crypto is rising and each state that wants to bring investments and innovations should have free access to digital currencies. The municipalities of Zug, Chiasso and Zermatt accept some tax payments in digital currencies as well. People can buy Bitcoin 24/7 from all ticket machines of the Swiss Federal Railways. Olaf Ransome, the founder of financial consultancy 3C Advisory, says more Swiss local banks, both private and cantonal, will facilitate investing in cryptocurrency for their clients in the coming year. Privat companies in the country are active in the areas of financial and banking services, blockchain protocol and infrastructure, and even art, education, energy and utility, insurtech, media and entertainment, transport and supply chain. Switzerland is home to approximately 800 blockchain-based businesses, valued at EUR 21 billion in total. Those companies include such crypto leaders as the Ethereum Foundation, DFINITY, Polkadot, Bitmain, Tezos, Cardano, Cosmos, Libra, etc. Earlier this year, the stablecoin Tether announced on Twitter that it wanted to make the southern Swiss city Lugano “the European bitcoin capital”. Switzerland is not the only country adopting crypto and welcoming blockchain technologies. Countries like France, the UK, South Korea, Dubai, Singapore, and Australia are also active in creating a warm crypto environment. However, Switzerland manages to be on top of attracting startups and creating the most welcoming legal regulations for them. The member of the EU Blockchain Observatory and Forum team, Nikolaos Kostopoulos explained this phenomenon in the following way: “There are numerous reasons that constitute Switzerland more advanced and progressive in comparison to countries such as Belgium or France. The country has established procedures, progressive financial legislation, human resources and infrastructure to support a framework to accelerate financial innovation”. To sum up, Switzerland showcases a very mature ecosystem and is an epicenter of cryptocurrency activity and blockchain technology in general. It seems like it is no longer a country that is best known for holding only old money and guarding client confidentiality, it is now a secure and progressive space for the cryptocurrency and digital assets industry. Other governments should implement similar policies in order to bring innovations in their countries. Such a flourishing blockchain environment like in Switzerland can mainly be attributed to an overall positive regulatory outlook toward blockchain and digital currencies. Progressive legislation alongside private initiatives in the blockchain industry is a good recipe to build a stable economy, protect the customers and attract well-capitalised international investors. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
27 days agocoindesk
Yuga Labs, Circle, SkyBridge Among Investments FTX Ventures Made Prior to Liquidity Issues
FTX Ventures invested in some of the biggest names in crypto. Meanwhile, TradFi giants such as Tiger Global have participated in FTX's funding round.
27 days agocryptodaily
MarginX, World's First Community-Based Decentralized Exchange, Launches on Function X Blockchain
Grand Cayman, Cayman Islands, 8th November, 2022, ChainwireMarginX, the world’s first community-based decentralized exchange (DEX), launches on the Function X blockchain today. It runs on a first-of-its-kind multi-chain and on-chain infrastructure that allows investors to trade with close to zero gas fees, ultra-high throughput and liquidity, and full ownership and transparency. During its beta test in August this year, the DEX accumulated a total transaction volume of more than 45 billion USDT. Currently, with a small group of invited users, the number of transactions on MarginX continues to steadily climb past 48 million, with the most updated numbers found on the Function X StarScan (https://starscan.io/). “Today marks a milestone for not just MarginX but the DeFi ecosystem, as we push forth the notion of true decentralization, and uphold the values of community and ownership through our unique DEX infrastructure,” said Dr. Danny Lim, Core Contributor of MarginX. “We are thrilled to be building on the Function X blockchain, as it provides us with the multi-chain architecture and EVM compatibility that sets the right DeFi environment for MarginX and its future DeFi protocols.” MarginX: A Truly Decentralized DEX for the Community As the world’s first community-based DEX, MarginX is committed to being a contributor-driven, fully decentralized blockchain infrastructure. To further elaborate, the DEX can be defined by the following key features: Super Low Transaction Fees MarginX runs on a multi-chain, cross-chain and para-chain infrastructure that allows the platform to handle a throughput of 2,000–20,000 transactions per block, while reducing congestion in the blockchain — thereby maintaining gas fees as low as 0.003 USDT and transaction fees as low as 0.04%. Users Control Their Assets Funds are traded through non-custodial wallets, and all transactions take place on-chain so they are secure, verifiable and transparent. Currently, MarginX supports f(x)Wallet and is designed to support all decentralized wallets (i.e. MetaMask, Trust Wallet) through WalletConnect in the near future. Full Visibility and Access All transactions run on-chain and are recorded on the blockchain. These include not just order matching, creation and cancellation, but also funding rate settlement, liquidation, and governance. Anybody can track and scrutinize these records, forming a fair system of checks and balances. Connecting TradFi and DeFi MarginX lays the foundation for where other DeFi products can be built upon, including stock-based derivatives or traditional financial assets. The DEX allows anyone to design and build their own DeFi products on the blockchain, and offers tools that bridge the old and new traders of the financial world. By the Community, for the Community At MarginX, every stakeholder, whether a developer, community manager, or trader, has a say through its governance framework. The MarginX utility NFT system also determines each user’s voting rights, trading rebates and referral fees, which builds a sense of community, and offers users an additional and perpetual source of yield. In addition, in never-before-seen DEX style, MarginX offers a paper trading platform (https://demo.marginx.io) that runs parallel to its live trading platform. This is to allow new users to learn with ease using test tokens, in order to trade confidently in the real world. “Our goal is to have people think about MarginX as more than just a DEX — it is an entire infrastructure on which DeFi protocols can be built upon,” said Dr. Shin Liang Chin, Core Contributor of MarginX. “The sky is the limit when it comes to future partnerships and developments, and we are excited to be at the helm of such a direction for the industry. We hope to make finance more accessible, more transparent and more secure for everyone through the use of blockchain technologies.” Currently, MarginX facilitates the trading of cryptocurrency-based perpetual contracts for BTC, ETH and FX. In keeping consistent with the values of community and ownership, MarginX will not involve any ICO, IEO, token sale or NFT sale, so as to level the playing field for all. For more information, please refer to our media kit (https://bit.ly/mxmedia) or our website (https://marginx.io). About MarginX MarginX is the world’s first community-based decentralized exchange built on the Function X network, and running via a multi-chain and on-chain infrastructure. It aims to bridge the traditional financial markets and cryptocurrency world by providing a platform where investors can buy, sell and create derivative products of any financial asset, and where every stakeholder has a say in the future of the platform.ContactMarketing & Communications LeadDione [email protected]

About DeFiChain

The live price of DeFiChain (DFI) today is 0.479684 USD, and with the current circulating supply of DeFiChain at 510,738,160.85 DFI, its market capitalization stands at 244,992,812 USD. In the last 24 hours DFI price has moved 0.003584 USD or 0.01% while 238,875 USD worth of DFI has been traded on various exchanges. The current valuation of DFI puts it at #121 in cryptocurrency rankings based on market capitalization.

Learn more about the DeFiChain blockchain network and how it works or follow the price of its native cryptocurrency DFI and the broader market with our unique COIN360 cryptocurrency heatmap.


DeFiChain Price0.479684 USD
Market Rank#121
Market Cap244,992,812 USD
24h Volume557,906 USD
Circulating Supply510,738,160.85 DFI
Max Supply1,200,000,000 DFI
Yesterday's Market Cap246,141,460 USD
Yesterday's Open / Close0.478349 USD / 0.481933 USD
Yesterday's High / Low0.492897 USD / 0.478287 USD
Yesterday's Change
0.01% ( 0.003584 USD )
Yesterday's Volume238,875.48 USD
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