Binance Report Snapshot of Crypto Industry in 2021
A Binance poll of 61,000 crypto investors has revealed that 65% of them own Bitcoin — and 97% of those surveyed have confidence in digital assets. According to the detailed survey, 95% of crypto investors are male, with an average age of 34. And interestingly, Bitcoin maximalists are 406% more likely to hold a PhD than the typical investor.
Dogecoin Surges By 83% in a Single Day
It’s a weird, weird week on the markets. After GameStop’s triple-digit surge yesterday, it’s now DOGE’s turn in the spotlight. The altcoin has surged by 83% over the past 24 hours, with one high-profile Twitter account pushing for DOGE to get to a dollar. It’s currently trading at about $0.01434. so gains. very moon. wow.
Facebook’s Diem Testnet Hits a Big Milestone
Facebook’s Diem testnet has now processed more than 52 million transactions. But with an average speed of just five transactions per second, it’s going to need to pick up the pace — especially if it’s going to be used by millions of people. By comparison, Visa claims it can handle up to 24,000 transactions per second. DeFi "rug pulls" and exit scams made up 99% of all crypto fraud schemes in the second half of 2020, according to CipherTrace. The blockchain intelligence firm says criminals pocketed $1.9 billion overall last year — a lot less than the $4.5 billion netted in 2019. "The DeFi space lacks adequate due diligence," CipherTrace CEO Dave Jevans told Decrypt/
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