SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains. Go to Source Powered by WPeMatico
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Crypto and DeFi disintermediate banking in new ways, says OCC head
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system. Go to Source Powered by WPeMatico
EU regulator sees crypto as sign of increased risk-taking in current climate
An ESMA report views crypto assets’ volatility in the first half of 2021 as an indication of “possible market exuberance.” Go to Source Powered by WPeMatico
Hedera Hashgraph rallies 150% in a week as its ecosystem expands
New partnerships, NFT integration and a market-wide surge in altcoin prices back HBAR’s recent 150% rally. Go to Source Powered by WPeMatico
Vitalik Buterin makes list of Time magazine’s 100 most influential people in 2021
Prince Harry, singer-songwriter Billie Eilish, Olympian Simone Biles, and the Ethereum co-founder all made the cut. Go to Source Powered by WPeMatico
Frontier, Ren and Keep Network book 20% gains as Bitcoin claims $48K
Bitcoin’s surge above $48,000 catalyzed a strong move from REN, KEEP and FRONT. Go to Source Powered by WPeMatico
Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million
Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability in the design of the Spore … Read more
Three reasons why the price of Elrond (EGLD) is hitting new daily highs
An expanding ecosystem and the full launch of Elrond’s DeFi capabilities back EGLD’s rally above $300. Go to Source Powered by WPeMatico
As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise
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
Governance proposals and layer-two launches provide a boost to altcoins
RGT, CRV and SNX saw double-digit rallies after new governance proposals and migrations to layer-2 platforms. Go to Source Powered by WPeMatico