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In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get the so-called ‘free’ crypto assets. The following is a look at two different … Read more
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks. Go to Source Powered by WPeMatico
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. … Read more
At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang. Go to Source Powered by WPeMatico
Software protocols that run on top of a blockchain network like Ethereum or Cosmos are called DeFi projects. To automate financial services, these projects use the underlying protocol technology and novel innovations. DeFi Projects gets their name because they are non-custodial and decentralized. The term “non-custodial” refers to the fact that the system does not … Read more
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price. Go to Source Powered by WPeMatico
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations. Go to Source Powered by WPeMatico
ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete. Go to Source Powered by WPeMatico
Data points to capital flight among most major DeFi protocols. Go to Source Powered by WPeMatico
ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it. Go to Source Powered by WPeMatico