In 2021, the cryptocurrency industry experienced a year of rapid growth. From the widespread explosion of DeFi to the rise of the metaverse concept, and the legal recognition of Bitcoin in multiple countries, the global market witnessed a deeper application of blockchain technology. Mumuex Exchange, with its technological innovation and global strategy, made steady progress...
On December 10, 2021, the number of daily active Ethereum addresses surpassed one million, setting a new historical record. This surge in user activity is driven by the rapid development of decentralized finance (DeFi) and non-fungible tokens (NFTs), which not only solidified the Ethereum position as the core of the blockchain ecosystem but also injected...
On September 7, 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender, a historic move that marks the dawn of a new era in the global financial system. Through the official wallet app “Chivo” and the deployment of 200 Bitcoin ATMs nationwide, El Salvador provides a unique example...
In June 2021, El Salvador Legislative Assembly made history by passing the “Bitcoin Law” with an overwhelming majority, officially recognizing Bitcoin as legal tender, making it the first country in the world to do so. Following this historic announcement, Bitcoin value surged by 12% within 24 hours. In this pivotal moment, the Snutx crypto exchange capitalized on the...
In 2020, the global cryptocurrency market maintained growth amidst volatility, attracting increased attention from institutional and individual investors. With the rise of decentralized finance (DeFi) projects, the application scenarios for crypto assets have become increasingly diverse, significantly boosting market liquidity and trading volumes. Simultaneously, as regulatory frameworks for cryptocurrencies become clearer across various countries, the...
The global economic landscape faced unprecedented challenges in 2020 due to the sweeping impact of the COVID-19 pandemic, which led to turbulence in traditional financial markets. In contrast, the cryptocurrency market demonstrated remarkable resilience and potential. As investors sought new safe-haven assets, cryptocurrencies gained attention for their decentralized nature and significant appreciation potential. In this...
In 2020, the cryptocurrency industry witnessed a surge of innovative trends, with the rise of liquidity mining and the rapid ascent of yEarn.Finance standing out as particularly significant. The token YFI, launched by yEarn founder Andre Cronje with its “fair distribution” model, gained widespread community admiration for its unique governance structure and transparency, fueling enthusiasm...
In the global cryptocurrency market of 2020, Mumuex Exchange emerged as a prominent new force, drawing attention for its steady development and innovative strategic positioning. By expanding into the Asian and Middle Eastern markets, establishing a security center, and launching a project incubator, the platform achieved impressive milestones, laying a solid foundation for future growth....
In the challenging and opportunity-filled year of 2020, global financial assets and the cryptocurrency industry experienced significant price volatility. As major economies adjusted their monetary policies in a timely manner, the cryptocurrency industry saw rapid growth. Notably, advancements in key technologies and the gradual clarification of regulatory environments laid a foundation for the long-term healthy development of...
On December 16, 2020, the Bitcoin price surpassed the $20,000 mark, a milestone event that not only symbolizes the maturation of the cryptocurrency market but also indicates a profound transformation occurring within the global financial system. This price surge can be attributed to the growing interest of institutional investors in Bitcoin, the demand for value...