ββMatic has started The Grand Staking League on the way to mainnet. During this stage validators will attempt to 'break' the network, in order to ensure that all bugs and issues have been identified and rectified during previous stage. This is the final stage of Counter Stake incentivized testnet that will be followed by official Mainnet launch.
ββWeb traffic dynamics of some of the most popular crypto exchanges in April 2020 vs March 2020. In total a traffic dropped by 12% among analyzed exchanges. Other financial markets showed the same trend in terms of web traffic in April.
ββGeographical distribution of cryptocurrency traders around the world based on the web traffic of TOP 70 cryptocurrency exchanges. Data source: Similarweb.
ββPump day on BitMax. During last 24 hours both recently listed assets on BitMax RVX and STAKE has increased in price by more than 100%. Worth to mention that both assets had premiere listing and available for trading on BitMax only.
ββPwC and Elwood Asset Management Services released a new report on Crypto Hedge Funds. Key takeaways:
-The total assets under management has doubled to $2B USD compared to previous year.
-The most common investor types (almost 90%) are either family offices (48%) or high-net worth individuals (42%).
-Most crypto hedge funds trade Bitcoin (97%) followed by Ethereum (67%), XRP (38%), Litecoin (38%).
-About half of crypto hedge funds trade derivatives (56%).
-Crypto hedge funds are also involved in cryptocurrency staking (42%), lending (38%) and borrowing (27%).
-The percentage of crypto hedge funds using an independent custodian increased in 2019 from 52% to 81%.
-The total assets under management has doubled to $2B USD compared to previous year.
-The most common investor types (almost 90%) are either family offices (48%) or high-net worth individuals (42%).
-Most crypto hedge funds trade Bitcoin (97%) followed by Ethereum (67%), XRP (38%), Litecoin (38%).
-About half of crypto hedge funds trade derivatives (56%).
-Crypto hedge funds are also involved in cryptocurrency staking (42%), lending (38%) and borrowing (27%).
-The percentage of crypto hedge funds using an independent custodian increased in 2019 from 52% to 81%.
ββRiveX announced mainnet launch of its decentralized exchange WRDEX. The Wanchain RiveX decentralized exchange allows users to trade wrapped Bitcoin, Ethereum, EOS, ERC-20 and WRC-20 tokens. WRDEX is non-custodial and cross-chain exchange built on the Wanchain blockchain.
ββThe third Bitcoin halving has just happened. The next one will happen in 4 years. Bitcoin halvings occurs every 210,000 blocks until around 2140, when all 21 million coins will have been mined. Between third and fourth halving events 1,312,000 BTC will be mined.
ββArpa Chain (Arpa) will get listed on Bithumb later this week. ββThe trading start date TBA. The exchange is running pre listing activities at the moment. Arpa is available for trading since April 2019 when it closed its fundraising via public IEO.
ββKuCoinβs PoS mining platform Pool-X will offer Chromia (CHR) 21 days staking products with up to 30% annualized return rate. Subscription Period: 20:00:00 on May, 14 to 23:59:59 on May 15, 2020 (UTC+8).
During the staking period, users are not allowed to redeem in advance before the deadline of the staking period. During the staking period, in addition to the staking benefits, users can also participate in POL mining.
During the staking period, users are not allowed to redeem in advance before the deadline of the staking period. During the staking period, in addition to the staking benefits, users can also participate in POL mining.
ββKlaytn (KLAY) will get listed on Gate exchange. KLAY/USDT trading will open at GMT 04:00, May 13th. Klaytn is a global public blockchain platform developed by Ground X, the blockchain subsidiary of the leading South Korean Internet company, Kakao. It is available for trading since September 2019.
ββKuCoin will host LUKSO (LYXe) initial exchange offering on May 20. This will be the first public offering on KuCoin since August 2019. KuCoin will offer $200K allocation of LYXe as part of LUKSO presale. LUKSO will offer another public sale in from of reversible ICO on May 27, according to the blog post. The details are not available yet.
ββBinance launches Binance leveraged tokens and will list BTCUP and BTCDOWN. BTCUP/USDT and BTCDOWN/USDT trading pairs will be available on on 2020/05/14 at 10:00 AM (UTC). BTCUP allows you to generate leveraged gains when Bitcoin increases in price. BTCDOWN allows you to generate leveraged gains when Bitcoin decreases in price. Leveraged trading of digital assets multiplies both opportunities and risks.
ββCelo (cGLD) auction on CoinList is closed. The final price per cGLD is $1 USD. A total of 10M cGLD (1% of total supply) has been sold. The listing date to be announced.
ββTon Open Network: The End. Telegram founder Pavel Durov wrote in his blog that the Telegram Open Network (TON) would be discontinued due to the company's ongoing legal fight with the U.S. Securities and Exchange Commission (SEC). Previously it was announced that TON investors could receive 72% of their funds back immediately, or 110% back in a year, once TON had launched. In todayβs blog post Durov did not say whether investors would receive refund or how much they'd receive.
ββMatic will launch its mainnet with initial validators on May 15th. According to the recently released blog post Matic will start step by step transition to Mainnet from May 15. After the first phase Matic will open slots for additional validators. This will be followed by the launch of fully decentralized public network run by External validators. The Matic ERC20 token lives on Ethereum and this will continue being the case after mainnet launch. The token is not inflationary and a fixed percentage of the token supply is reserved for staking rewards for the first 5 years.
ββSome of the current stats of KuCoin Spotlight initial exchange offering platform: comparing the initial circulating supply and IEO hardcap of all the coins launched via platform.
ββMatic introduced Staked as its next independent validator. Staked will be operating a Validator node for Matic Network, enabling MATIC holders to delegate their tokens to Staked. They will provide a trusted MATIC staking option for large players as well as retail investors.
Earlier Stake Fish and Stake Capital have become official Matic staking partners.
Earlier Stake Fish and Stake Capital have become official Matic staking partners.
ββTOP 10 most liquid exchanges by CoinMarketCap liquidity metrics. The new Liquidity Score by CMC grades all crypto markets with a score from 0 to 1,000, with 1,000 reflecting the most liquid of markets. Liquidity refers to the ease of being able to trade in and out of an asset.
ββMatic will get listed on Binance U.S. once mainnet will go live. Yesterday Matic announced that it will start step by step transition to Mainnet from May 15.
ββOmiseGO (OMG) will get listed on Coinbase Pro on May 18. On Monday, May 18, Coinbase Pro will begin accepting inbound transfers of OMG. The deposits will be accepted for at least 12 hours prior to enabling full trading. Trading will begin on or after 9AM Pacific Time (PT) the following day, if liquidity conditions are met.
ββKuCoin released LUKSO (LYXe) token sale details. The sale will take place on May 20, 2020. The sale will be arranged via lottery format. In order to participate users have to hold an average of 100+ KCS during 30 days period (Apr 20-May 20). Allocation per winning ticket: $160. Max 2 wining tickets per account.
Token sale details:
Total supply: 100M LYXe
IEO allocation: 1M LYXe (1%)
Private sale allocation: 10M LYXe(10%)
Private sale price: $0.27
Private sale lockup: locked till Mainnet in 2021
IEO price: $0.22
Initial circulating supply: 2.75M LYXe( $0.6M)
LUKSO is a PoS blockchain based on the Ethereum Virtual Machine (EVM). It is focused on new creative economies and will enable creators and users to fund, protect, share and trade own physical and digital assets.
Token sale details:
Total supply: 100M LYXe
IEO allocation: 1M LYXe (1%)
Private sale allocation: 10M LYXe(10%)
Private sale price: $0.27
Private sale lockup: locked till Mainnet in 2021
IEO price: $0.22
Initial circulating supply: 2.75M LYXe( $0.6M)
LUKSO is a PoS blockchain based on the Ethereum Virtual Machine (EVM). It is focused on new creative economies and will enable creators and users to fund, protect, share and trade own physical and digital assets.