TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Richard Heart’s HEX tops list of most used dApps. Number of BTC active addresses stalled. Crypto to replace fiat by 2030, according to Deutsche Bank. Brave browser reaches 10 million monthly active users. Binance Futures trading volumes double in just one day, and BlockFi debuts zero-fee cryptocurrency trading.



Brave Browser Reaches 10 Million Active Users Monthly

"Brave went from 8.7 million monthly active users in October to 10.4 million MAU at the end of November, a 19% increase across all platforms… a doubling of Brave’s MAU in one year. Daily active users tripled in the last 12 months, to 3.3 million." https://t.co/jv7WoMUfZD — BrendanEich (@BrendanEich) December 5, 2019

Brave browser, the cryptocurrency and privacy-friendly browser, reached a milestone, registering more than 10 million active users monthly. The browser/advertising project has also experienced a hike in daily active users, growing to more than 3.2 million, doubling the number they had beginning this year. Its advertising service has already thrived, signing up more than 300K creators from different web platforms to obtain the rewards of Brave users.

HEX Tops Most Used dApp List

HEX, the newly created cryptocurrency, is the number one dApp, having more than 3K people using the smart contract in one day alone recently. According to DappRadar, a popular index, HEX registered more than 8K users and moved more than $4 million worth of Ethereum, despite being labeled high-risk. HEX is the creation of controversial influencer Richard Heart. Some analysts insist it is a scam, but it has undeniably awakened some interest in certain cryptocurrency and internet circles.

BTC Active Address Number Stalled

LongHash found the number of active BTC addresses has remained almost at the same level since last year, as opposed to the behavior they exhibited between 2009 and 2017. “If Bitcoin is meant to be a form of payment, as outlined in its initial whitepaper, then a lack of growth in its active network is indeed concerning,” the article states. “Data suggest that if the active address count rises, the Bitcoin price is likely to be rising too, so getting more people on board Bitcoin certainly couldn’t hurt,” it concludes.

Deutsche Bank Report: Crypto Will Replace Fiat by 2030

A recent report titled, “Imagine 2030,” anticipates the demand for cryptocurrencies will rise to eventually replace fiat as the most common payment method. Despite being optimistic about the subject, Deutsche Bank strategist Jim Reid cautions there are still big problems to sort out for this to happen, mainly the lack of legitimacy crypto has for governments, a fact that will hamper global adoption and price stability.

Binance Bitcoin Trading Numbers Skyrocket

Binance, the top cryptocurrency exchange by volume traded, registered a big rise in its Bitcoin futures trading volumes, going from $980 million to $2.2 billion, more than doubling its previous mark in just 24 hours due to market volatility. The futures business has been a great product for Binance, just launching last September and already yielding big numbers for the exchange. Binance introduced a 125x leverage option for its Bitcoin futures recently, and also launched Ethereum futures with up to 50x leverage.

BlockFi Debuts Zero Fee Trading for Top Cryptos

BlockFi, the cryptocurrency lending platform that lets users borrow USDT, using crypto as collateral, will also allow users to trade currencies with their balance on the platform. The trading will be fee free, and BlockFi reported its business model will sell bulk data to institutional firms in the same way exchanges as Robinhood do. “Our existing user base wanted to trade and requested that we build a product for trading on our platform,” BlockFi CEO Zac Prince explained, saying the number one reason for withdrawals was speculative trading.

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