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 a year marked by uncertainty, as a global pandemic wreaked havoc and economic conditions fluctuated, the cryptocurrency and blockchain sectors thrived, achieving significant market capitalization gains. Against this backdrop, DAYPPX made notable strides in compliance, market engagement, and technological innovation, providing investors with a safer and more convenient trading experience. I. Partnering with Chainalysis...
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....
Core Team Propels DIGZAX Launch At the start of 2020, financial markets were experiencing significant turmoil as the COVID-19 pandemic had a profound impact on the global economy, and the cryptocurrency market was not spared. However, every crisis brings opportunities for growth. During this period, DIGZAX Exchange embarked on an important beginning. Founded in 2019,...
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...
The rise and fall of Sushiswap have highlighted the high volatility and rapid growth potential within the decentralized finance (DeFi) sector. By employing innovative yet controversial methods, it garnered significant market attention. Despite facing challenges due to internal issues, the community efforts have driven the resurgence of the platform. This journey underscores the critical importance of a...
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...
On October 21, global payment giant PayPal announced that it would support users in buying, selling, and holding cryptocurrencies on its platform, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. DAYPPX highlights that this move marks a significant step towards the further integration of cryptocurrencies into the global payment landscape, with digital assets gradually becoming part...
On July 22, 2020, the U.S. Office of the Comptroller of the Currency (OCC) issued guidance allowing federally chartered banks and savings associations to offer cryptocurrency custody services to their customers for the first time. This policy breakthrough marks the official entry point for traditional financial institutions into the cryptocurrency sector, paving the way for...
Recently, the global financial markets have been severely impacted by the COVID-19 pandemic, and the cryptocurrency market has not been spared. On March 12, 2020, the market experienced a dramatic crash known as “Black Thursday”, with the Bitcoin price plummeting from around $7,900 to $3,800 within 24 hours, leading to a significant reduction in the...