THE DAILY ENCRYPT

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Four reasons to choose Alium.Finance if you are an active user of cryptocurrencies

According to the analytical resource Blockchain.com, the number of active crypto wallets in the world has exceeded 81 million. This means that every hundredth inhabitant of the planet already uses digital currencies as an investment or mean of payment. And every year this number is only increasing. At the same time, the crypto business creates …

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Wex Exchange Co-Owner Reportedly Detained in Russia

Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of Wex Exchange Apprehended in Russia Russian law enforcement agencies have

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Bitcoin․com to Launch Utility and Rewards Token

The Bitcoin.com Team is excited to announce Verse, a rewards and utility token for the Bitcoin.com ecosystem. Since 2015, Bitcoin.com has served as a reliable gateway to Bitcoin and beyond, providing timely and objective news content and educational materials, the most secure and easy-to-use non-custodial multicoin wallet, accessible bridges between fiat and crypto, and much

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What are the major challenges hindering Decentralized Finance (DeFi) adoption in 2022?

The decentralized finance  (DeFi) industry grew by 865% between 2020 and 2022, hitting $254.99 Billion in December of 2021 by total value locked (TVL). Despite the high-yield opportunities creating solutions that give users access to multi-chain capabilities and interoperable blockchains transactions, DeFi is still struggling to capture even 1% of the traditional financial market share.