Number of Ether whales increases during 30% price drop
At least 68 Ethereum whales behaved differently than the majority of holders. Go to Source Powered by WPeMatico
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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, NEO, XEM
A short-term bottom for Bitcoin and altcoins may be confirmed if the bulls do not allow the recent lows to be broken during the next fall. Go to Source Powered by WPeMatico
Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO
After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset with the creator of Sushiswap, a forked project copied from … Read more
DeFi experts say that Ethereum 2.0 is not the answer to high gas fees
A better solution might come up before it even exists. Go to Source Powered by WPeMatico
Bitcoin Dominance Slides Losing 10% in the Last 100 Days
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin (BTC) has … Read more
How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform
In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform that held $1.3 billion locked in value and dominated most defi applications by over 18% Friday evening. The following review … Read more
The Care Bears, Roger Ver, and Tesla shenanigans: Bad crypto news of the week
Check out this week’s Bad Crypto podcast. Go to Source Powered by WPeMatico
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads to more transactions and slower confirmations making higher … Read more
Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap
A sharp correction in equities markets led Bitcoin price and DeFi tokens to sell-off sharply but have investors turned bearish? Go to Source Powered by WPeMatico
Ethereum devs discuss gas optimizations, but it will probably be too little too late
Developers see the problem, but there is little they can do right now. Go to Source Powered by WPeMatico