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On April 1, Bitcoin.com News published an in-depth report on the Smart Bitcoin Cash (Smartbch) protocol and its compatibility with Ethereum’s EVM and Web3 API before any Smartbch projects were seen in the wild. Seven months later, Smartbch has matured a great deal and metrics indicate that between three decentralized finance (defi) protocols, there’s roughly … Read more
The two seek to improve their blockchains with each other’s tech from cross-chain bridges to decentralized exchanges to oracle networks. Go to Source Powered by WPeMatico
The Solana-based project is incentivizing automated market makers to interact with its order book across a range of trading pairs. Go to Source Powered by WPeMatico
1INCH, SHIB and MASK go against the grain by posting double-digit gains while BTC price fell to $58,000. Go to Source Powered by WPeMatico
Osmosis joins investment firm Paradigm’s other DeFi portfolio members such as Maker, Synthetic, Uniswap, Optimism, FTX, Coinbase, and BlockFi. Go to Source Powered by WPeMatico
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after several months of “grind, hard work, debugging, building security guardrails.” Solana Perpetual … Read more
RUNE looks ready to extend its gains after the reactivation of ETH-based pools resulted in a 78% rally last week. Go to Source Powered by WPeMatico
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high. Go to Source Powered by WPeMatico
DeFi users appear to be choosing Arbitrum over Optimism for scaling as Uniswap’s layer-two volume presses into record highs. Go to Source Powered by WPeMatico
October has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT) sales have picked up and after the total-value locked (TVL) in defi crossed $200 billion on October 5, two weeks later another $22 billion has … Read more