Telos raises $8M funding before EVM launch to avoid token sales
The funding was supported by five investors who intend to help fast-track Telos’ exchange listings and DeFi initiatives. Go to Source Powered by WPeMatico
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Leading NFT Marketplace Opensea Surpasses $10 Billion in All-Time Sales
This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion in All-Time Sales NFTs have become very popular in 2021 and … Read more
While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains. Today’s Most Popular Dapps Support More Than One … Read more
Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain
The firm selected the Polygon blockchain for its low transaction fees and fast transaction time. Go to Source Powered by WPeMatico
Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last … Read more
Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, MATIC, FTM
Bitcoin is witnessing modest profit-booking, but the long-term trend remains intact and altcoins like ETH, BNB, MATIC and FTM may remain in focus in the short term. Go to Source Powered by WPeMatico
Polygon pays $2M bounty on bug which could have compromised $850M in user funds
The white hat hacker speculated that the bug might have been created from “using someone else’s code and not having a 100% understanding of what it does.” Go to Source Powered by WPeMatico
Arbitrage bot’s spam attack on the Polygon network generated $6,800 per day
An arbitrage bot managed to turn 14 ETH to 218.5 ETH simply by spamming the Polygon network for 120 days. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, ETH, SOL, MATIC, FTM
Bitcoin’s shallow pullback increases the prospect of a new all-time high in the short term and altcoins like ETH, SOL, MATIC and FTM could move higher while BTC prepares for its next move. Go to Source Powered by WPeMatico
Polygon can hit $3.50 in Q4 as MATIC’s 20% weekly rally triggers bull flag setup
MATIC retested the bull flag’s upper trendline as resistance Friday after its price rose by up to 30%. Go to Source Powered by WPeMatico
