Liquid

Several sectors within the crypto market are seeing a resurgence. AI and Big Data, Liquid Staking, and DeFi projects managed to secure the most gains in the past week. According to their weekly returns, artificial intelligence (AI) and Big Data, which comprised 100 projects, topped the chart with a strong performance and a notable increase of 8.65%, as noted by blockchain intelligence platform Santiment’s latest analysis. The collective market cap of AI and Big Data currently stands at a staggering…

On-chain data shows the Bitcoin “Liquid Inventory Ratio” has dropped to an all-time low. Here’s what this could mean for the asset. Bitcoin Sell Side Liquidity Is Low Relative To Demand Right Now In a post on X, CryptoQuant founder and CEO Ki Young Ju discussed the recent trend in the Liquid Inventory Ratio for Bitcoin. The Liquid Inventory Ratio is an on-chain indicator that tells us about how the total sell-side liquidity inventory of the asset compares against its…

  StaFi 2.0 testnet released for developers, stakers and builders. It launches months before the release of its upcoming mainnet launch. StaFi, the liquid staking provider for Ethereum and Cosmos, unveiled its StaFi 2.0 testnet release ahead of its mainnet, which is expected to launch in Q3 this year. The protocol announced it will deploy its Liquid Staking as a Service ( LSAAS) testnet on Wednesday, introducing a host of new features and staking services for its users.  The testnet…

On Thursday, Tokyo-based Japanese crypto exchange Liquid revealed hackers had compromised it. Liquid did not exactly put up any figure on the amount stolen from the warm wallets. However, Elliptic estimated the hackers made away with about $97 million in digital coins.  The figure included $31 million in ether, $5 million in bitcoin, $13 million in XRP, and stablecoins. $45 million of the amount was in Ethereum tokens. Liquid said that the conversion of the digital assets to ether is underway. This…

Liquid is a regulated multi-cryptocurrency exchange. The platform is a comprehensive and secure trading toolset for beginners and pros. The exchange gained popularity due to its top-notch UX and streamlined trading experience. Users can trade, store, send, and receive cryptocurrencies using Liquid. The platform also supports fiat deposits, leveraged trading, and credit card purchases. Features of the Liquid Exchange The Liquid exchange is a unified, globally-sourced trading platform that integrates a simplistic and easy-to-use interface. Both the website and Mobile app…

So far, Bitcoin is the top contender in the cryptocurrency market, with a net worth of approximately 350 billion USD. It has a robust network strengthened by its decentralized nature. Using a peer-to-peer network under cryptographic protocols enables the undertaking of transactions globally.  However, this crypto giant network has a few limitations that sidechains help solve. Some of these limitations are slow transactions per second, higher transaction costs, scalability issues, and slow network evolution compared to traditional transactions with fiat currency. Thanks…