DeFi boom pushes Universal Market Access (UMA), SwissBorg and Siacoin (SC) hi...
As the DeFi boom continues, Universal Market Access, SwissBorg, and Siacoin are notching triple-digit gains due to protocol upgrades and new product launches. The total market capitalization of cryptocurrencies surged to $1.139 trillion on Feb. 4, just short of silver’s total market cap at $1.5 trillion. While the crypto market cap is still way below that of gold, Bloomberg senior commodity strategist Mike McGlone said in a report that Bitcoin (BTC) has found strong support at $30,000 and it may now rally to $50,000 and higher.Crypto market data daily view. Source: Coin360However, some....
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With nearly $8 million in market capitalization, the cryptocurrency attempting to take a slice out of the enterprise cloud storage industry largely dominated by huge firms like Amazon (Amazon S3), Google (Google Cloud Storage), Microsoft (Microsoft Azure) and Dropbox (Dropbox for Business), SiaCoin, has begun to break into the mainstream. Nebulous Labs, the developers behind the project, say although SiaCoin has been flying under the radar for over a year now, it has begun to take off recently, and has been dipping in and out of the top 15 on CoinMarketCap. CoinTelegraph spoke to lead....
The need for safety cannot be overemphasized in a crypto market such as this. With recent events such as Celsius halting withdrawals and transfers, it has become imperative to protect user funds. This is why having safe solutions such as SwissBorg to store, trade, and yield are important. With such a product, crypto investors can be rest assured that their stored funds are safe, and in the event of a bankruptcy, hack, or a scam, they can still access their digital assets. Saving With SwissBorg SwissBorg provides the safest wallet, trading, and yielding solution for crypto investors. Users....
The crypto space saw two major revolutions in a span of two years. First, the decentralized finance (DeFi) boom in the summer of 2020. Later, the non-fungible token (NFT) massive adoption pushes the boundaries of new use cases and the total value of crypto ecosystem above $100 billion in less than one year. NFTs have […]
The DeFi boom has given rise to a new trend that needs no introduction — non-fungible tokens, or NFTs. The frenzy for digital collectibles which surfaced as a part of the DeFi boom does not seem to be slowing down anytime soon. In fact, the average number of NFT sales has risen from 21,815 per […]
Siacoin is a new prominent cryptocurrency, used by the Sia network – an actively developed decentralized storage platform. Sia represents a peer-to-peer network that consists of many individual hard disk drives, connected to the united global network. The network is fully decentralized, and cryptographically secured. Unlike centralized cloud storage platforms, Sia allows users to store data in the cloud without losing control, which is possible by uploading data on many different hosts that cannot manipulate it in any way. Hosts are getting paid for the data storage, whereas payments are....