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Year: 2021

cryptocurrency November 5, 2021

Advertisements The firm selected the Polygon blockchain for its low transaction fees and fast transaction time. Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, […]

cryptocurrency November 5, 2021

Advertisements Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. For many years, Ethereum and XRP held the second and third-ranking spots in […]

cryptocurrency November 4, 2021

Advertisements Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees. High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Ethereum Network co-creator Vitalik Buterin stated in reference to […]

cryptocurrency November 4, 2021

Ethereum gained pace and traded to a new all-time high above $4,650 against the US Dollar. ETH corrected gains, but dips could be limited below $4,400. Advertisements Ethereum gained pace above the $4,550 and $4,600 resistance levels. The price is now trading above $4,500 and the 100 hourly simple moving average. There is a key […]

cryptocurrency November 3, 2021

Advertisements The XRP network still appears to be innovating despite its regulatory woes. If all goes according to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable XRP holders to interact with aspects of decentralized finance, or DeFi, such as executing smart […]

cryptocurrency November 3, 2021

Ethereum surged over 5% and surpassed $4,500 against the US Dollar. ETH traded to a new all-time high and it could continue to rise towards $5,000 in the near term. Advertisements Ethereum gained pace above the $4,450 and $4,500 resistance levels. The price is now trading above $4,400 and the 100 hourly simple moving average. […]