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The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi … Read more
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains — both Layers 1 and 2 — can overcome niggling issues like high … Read more
More than 10,000 delegators have since joined the blockchain indexing network. Go to Source Powered by WPeMatico
Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward. Go to Source Powered by WPeMatico
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects. Go to Source Powered by WPeMatico
On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021, to today’s aggregate. Smart Contract Token … Read more
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit, TVL Drained, LODE Drops by 53% Another decentralized finance (defi) platform, Lodestar Finance … Read more
ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right. Go to Source Powered by WPeMatico
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks. Go to Source Powered by WPeMatico
Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy. Go to Source Powered by WPeMatico