China is an important cryptocurrency market, but its environment is very unique. Why do some tokens do better than others there? Our new report provides background on 20 major digital currencies and their reception in China https://t.co/AYvMlEyxZX @mattysino
@BennettTomlin Yes, the problem is that some of that data is not up to date and we will be taking down that chart while we look into it. Thank you very much.
Here’s how the recent crypto hit the DeFi market.
Makerdao’s 7-day total locked value went down almost 30%. Among the top 10 DeFi projects only @0xPolygon increased its weekly TVL — by 38.37%. (Data as of May 21 9:00 UTC)
Data shows that there are currently 6,906 digital currency-related companies in China, including 585 newly registered companies in 2020 with 99% YoY growth rate. Only 23% of companies are state-owned.
Data shows that there are currently 6,906 digital currency-related companies in China, including 585 newly registered companies in 2020 with 99% YoY growth rate. Only 23% of companies are state-owned.
Chinese companies continue to outpace the U.S. in blockchain invention patents, accounting for 46% of the world's total in 2020. The U.S. and Japan account for 24% and 8%, respectively.
If you would like something shorter to read, here's an article (also 2018) I wrote for the crew at @longhashdata on why crypto is not the best money laundering avenue for crims: https://t.co/L9lN0Gaok4
#FightFinancialCrime#NoMoneyForTerror
In February 2021, cryptocurrency exchange #Binance had 2.26x more online visits than #Coinbase. But the market cap of platform token #BNB was only about 41% of the expected valuation of Coinbase's equity:
Bitcoin's having a good week, but DeFi tokens are having a better one. Over the past 7 days, more than 70% of major #DeFi tokens (tokens with at least $100M reported market cap) are up vs. Bitcoin.
(Data Source: @MessariCrypto).