DeFi adoption on the Binance Smart Chain reaches new highs

Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at another DeFi run in the near future.  While projects that operate on the Ethereum (ETH) network continue to deal with wild fluctuations in gas fees and transaction times, several that operate on the Binance Smart Chain (BSC) have seen an uptick in protocol activity and token value over the past week.…

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Mass adoption looms as South America’s second-largest company accepts crypto payments

On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system.  The $81 billion retailer is the second largest company in South America and is present in 18 countries, including its three largest markets, Brazil, Argentina, and Mexico. The group also owns Mercado Pago, a digital payments system for online and offline transactions, along with Mercado Envios, a logistics platform that provides fulfillment, warehousing, and…

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Serum (SRM) hits a new all-time high as Solana adoption gains traction

Decentralized finance (DeFi) has reshaped the face of the cryptocurrency market over the past year, attracting the attention of both institutional investors and retail traders alike as the traditional financial sector continues to warm up to blockchain technology.  While the majority of largest DeFi protocols that have a significant amount of volume and value locked in the platform operate on the Ethereum (ETH) network, high fees and slower transaction times have allowed projects like Serum (SRM), a decentralized exchange (DEX) that operates on the Solana (SOL) blockchain, to rise in…

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Cryptocurrencies’ Reputation Delays Mass Adoption

Benz Rif, the CEO of AtomicPay believes that reputation is one of the biggest obstacles for mass crypto adoption. According to him, volatility is something absolutely natural and expected for a new emerging asset. Scams and lack of security however, are giving the crypto industry a very bad reputation. AtomicPay is based in Thailand and is a non-custodial crypto payment processor. The company facilitates payments for many cryptocurrencies without holding merchant funds in escrow and charging a fee before releasing the funds. There is also the minimal charge of 0.9{440e8dfcfcabdd46b886d92b9570eedc91e9efa330b5e7633ccdf6fc0f7dcd12}…

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