Ethereum dominates among developers but competitors growing faster
The total monthly active developers measured hit a record high of more than 18,000 but Ethereum retains the largest number of them. Go to Source Powered by WPeMatico
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Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance
The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with … Read more
NEAR Protocol Price Up 36% In the Past Week, Exploring Metaverse and Web3 Is Paying Off
With cryptocurrency markets seeing bearish momentum today, most coins registered single-digit percent price drops. However, with all the blood in the market, NEAR Protocol’s price increased by over 36% in the past week. What is NEAR, and why is the price rising? Let’s find out. What Is NEAR Protocol? NEAR describes itself as a collective, … Read more
Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have … Read more
Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum
During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent quantity of cross-chain blockchain bridges these days and it has allowed users to … Read more
Perceived centralization could kill PoS networks: ShapeShift report
ShapeShift believes the public perception of a network’s centralization could make or break the current generation of smart contract platforms. Go to Source Powered by WPeMatico
Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global
Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hanging above the $1,300 range. According to Grider, ether (ETH) – the second largest digital … Read more
Finance Redefined: DeFi gets its first merger after a devastating hack, Nov. 18-25
Pickle Finance got hacked so badly on Saturday that its developers asked to be merged into Yearn. Go to Source Powered by WPeMatico
DeFi protocol 1inch set to be the first to expand to the NEAR blockchain
Mooniswap and the Pathfinder algorithm will be available to NEAR users. Go to Source Powered by WPeMatico
Cross Chain Is Here: NEO, ONT, Cosmos and NEAR Launch Interoperability Protocols
Developers could soon build dapps to run on multiple blockchains without compromise thanks to new cross-chain protocols. Go to Source Powered by WPeMatico