Range-bound Bitcoin price opens the door for altcoins to move higher
Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls. Go to Source Powered by WPeMatico
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DeFi resurgence lifts Maker, Aave and Compound price to new highs
As Ethereum rallied to new highs, the total value locked in multiple DeFi platforms surged above $10 billion, lifting MKR, AAVE and COMP toward new all-time highs. Go to Source Powered by WPeMatico
Spartan Protocol exploit results in loss of $30M
The price of SPARTA token plunged 30% on Sunday as details of the attack came to light. Go to Source Powered by WPeMatico
DeFi adoption on the Binance Smart Chain reaches new highs
Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations. Go to Source Powered by WPeMatico
Interoperability May Be The Single Biggest Threat to Ethereum’s Dominance
While it may still be the primary network hub for defi activities, smart contracts, and NFTs, bridges built using competing networks like Tezos could pose a serious challenge to Ethereum’s market share in these areas. New Solutions to Old Problems Could Undermine Network’s Potency In the time since the network’s unveiling, Ethereum-killers have abounded with … Read more
We all know the issues with DeFi — but what are the answers?
High costs and transactions prioritized by gas fees often make using DeFi protocols challenging to say the least. Does it really need to be this difficult? Go to Source Powered by WPeMatico
Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger
Will Inverse set a precedent for protocols acquiring protocols? Go to Source Powered by WPeMatico
‘Semi-fungible token’ project launches on Binance Smart Chain
MocktailSwap is reportedly the first ERC-1155 standard token to launch on Binance Smart Chain. Go to Source Powered by WPeMatico
DeFi hacks and exploits total $285M since 2019, Messari reports
Decentralized finance platforms on the Ethereum network have lost about $285 million to rogue actors since 2019. Go to Source Powered by WPeMatico
Polygon’s New $100M Fund Aims to Attract Next Million Defi Participants
As part of its ongoing efforts to make the decentralized finance ecosystem more accessible through infrastructure development, this layer2 scaling solution has introduced a $100 million fund designed to lower the barriers to entry for yield farming and lending. #Defiforall to Support Development Over Next 2-3 Years Decentralized finance (defi) has emerged as one of … Read more