Anchor Protocol rebounds sharply after falling 70% in just two months — what’s next for ANC?
The total value locked inside the Anchor Protocol’s liquidity pools reached an all-time high earlier this week. Go to Source Powered by WPeMatico
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New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous organizations (DAOs), non-fungible tokens (NFTs), and Web3. GD1’s Web3 and Crypto … Read more
The Secret for Creating DeFi Content “Your Dad Could Understand”
Known only as blocmates on Twitter, Grant is a crypto content creator that “your dad could understand,” and he specializes in DeFi which often has the most difficult kinds of crypto products to understand. He recently joined the Bitcoin.com News Podcast to talk about the market: Among the many interesting topics discussed this episode are … Read more
Telegram Users Can Send and Receive Toncoin Within Messenger Chats
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system. TON Foundation Reveals Telegram Toncoin Support, Users Can Purchase Bitcoin via Bot The ability to send … Read more
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value by 3.5% over the last 24 … Read more
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit. $80 Million Swiped from Rari Capital Another decentralized finance (defi) protocol attacker has managed to siphon … Read more
Top 7 Most Popular dApps on Solana for April 2022
Decentralized applications built on the blockchain are also called dApps. They include blockchain-based games, NFT marketplaces, finance platforms, decentralized exchanges, etc. Solana is one of the most robust platforms for dApps featuring a broad ecosystem of hundreds of applications spanning thousands of users. This article looks at Solana’s top seven most popular dApps for April … Read more
Avalanche (AVAX) loses 30%+ in April, but its DeFi footprint leaves room to be bullish
AVAX is trading below $65, but the network’s large DeFi ecosystem and Dapp use are reflective of its strong fundamentals. Go to Source Powered by WPeMatico
Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits Account for Lion’s Share of Stolen Crypto This Year 2022 is already breaking … Read more
Ethereum on-chain data hints at further downside for ETH price
An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon. Go to Source Powered by WPeMatico