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AVAX price soared to a record high as heavy inflows enter the protocol through its cross-chain bridge and institutional investors pledge $230 million in funding for the rapidly expanding Avalanche ecosystem. Go to Source Powered by WPeMatico
Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped in value, the TVL across defi has continued to rise, … Read more
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across … Read more
Hackers run wild, but DeFi marches on; all covered in this weeks Finance Redefined. Go to Source Powered by WPeMatico
DeFi platforms have seen a steady surge in user activity and token prices, leading some analysts to say that the ‘DeFi Summer 2.0’ is well underway. Go to Source Powered by WPeMatico
The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets. Go to Source Powered by WPeMatico
The dawn of the Metaverse is upon us, and NFTs are forming the foundation of a new economy where users easily store assets and transfer value. Go to Source Powered by WPeMatico
A play-to-earn style platform, upcoming ‘portal’ sale and the “NFT summer” all back GHST’s 40% breakout to a new all-time high. Go to Source Powered by WPeMatico
Bids for the lending platform token surged dramatically after Bitwise Investments announced an AAVE-focused fund for institutional investors. Go to Source Powered by WPeMatico
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018. Ethereum Defi Applications See Unique Addresses Surpass 3 Million According … Read more
