Decentralized exchange aggregator trading volumes surge to new highs
More and more traders are turning to DEX aggregators to seek out the best rates for token swaps. Go to Source Powered by WPeMatico
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Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses
Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost anywhere between 15% to 23.9% … Read more
WazirX, Presearch and Komodo rally after data shows a surge in user activity
A surge in user activity and new token listings allowed WRX, PRE and KMD to shake off the week-long crypto market downturn and post double-digit gains. Go to Source Powered by WPeMatico
Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao
The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has … Read more
Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high
Strong fundamentals and the steady growth of the Polygon network are just a few of the factors behind MATIC’s recent rally above $2.00. Go to Source Powered by WPeMatico
IDEX to launch hybrid liquidity decentralized exchange on Polygon
The platform seeks to provide solutions to drawbacks on traditional DEX platforms, most notably front-running and slippages. Go to Source Powered by WPeMatico
1inch Network concludes $175M Series B led by Amber Group
The funding round had backing from some of crypto’s biggest venture funds, which continue to bet big on the future of DeFi. Go to Source Powered by WPeMatico
DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion
Metaverse tokens are starting to cool off while DeFi platforms register steady inflows which pushed the sector’s TVL to a new all-time high. Go to Source Powered by WPeMatico
Total crypto market cap drops by 6.7%, but futures data finds a silver lining
Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why. Go to Source Powered by WPeMatico
Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains
While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have … Read more
