The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Whales
Can You Really Protect Your Crypto Investments Against Whales?
It is only natural that the price of BTC changes following whales' transactions. Because altcoins have smaller market capitalizations, this effect is even more pronounced on their prices. The ways whales manage to manipulate the market are inventive and can lead to heavy losses for small traders. In our guide, we look into the matter and reflect on how to protect a wallet against whales. Understanding the Concept of Whales The term "crypto whale" refers to a person or organization…
9 months ago 1.1 k views
The Various Types of Crypto Investors
Cryptos have been hyped as a strong contender for the next evolution of money. Their revolutionary features have always driven their growing interest as a means of exchange and asset. Having had humble beginnings in 2009 as more or less a geek's plaything, usage and investments have since surged. Investors, veterans, and newbies consider it a viable avenue to entrust their hard-earned capital. The diversity in players investing in cryptos has profoundly affected each player's type of investment strategy. In…
2 years ago 1.1 k views
Bitcoin Wallets with 1 BTC or More Near a 800K All Time High
Bitcoin addresses with 1 BTC or more are getting closer to the 800K mark, an ATH, according to a recent report. Data released by crypto statistic resource Glassnode on March 28, reveals that the total number of Bitcoin wallets containing at least 1 BTC currently stands at 797,420. Within a 24 hour period, the totals have increased by 101 wallets. It is also important to note that some individuals may have access to more than 1 Bitcoin wallets. This implies…
3 years ago 393 views