Auto Added by WPeMatico
Ethereum miners are making a killing from transaction fees. In August alone, the miners raked in a total of $113 million in profit, up more than 3,660% from the $3 million earned in April, according to the latest data from Glassnode. This is the highest ether miners have earned from transaction fees ever. The previous […]
The post Fees Bonanza: Ethereum Miners Pocket a Record $113 Million From Fees in August appeared first on Bitcoin News.
Powered by WPeMatico
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time soon. In just a short […]
The post Money Market Protocol Aave Settles $300 Million in Defi Flash Loans appeared first on Bitcoin News.
Powered by WPeMatico
The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing the centralized exchange Coinbase’s volumes this past weekend. News.Bitcoin.com recently reported on the decentralized finance (defi) economy’s total value locked […]
The post Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume appeared first on Bitcoin News.
Powered by WPeMatico
The volume of Uniswap has surpassed the daily volume of Coinbase Pro after the demand for DeFi has exploded.
Powered by WPeMatico
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized […]
The post Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held appeared first on Bitcoin News.
Powered by WPeMatico
Decentralized exchanges such as Uniswap have now become popular thanks to automated market makers, but what does it all mean?
Powered by WPeMatico
Boa, a new Uniswap token created by the well-known pseudonymous Ether whale Bill Drummond, briefly hit $100,000.
Powered by WPeMatico
The decentralized finance (defi) ecosystem has matured quite a bit in 2020 and one project that’s seen some growth is the Ren Protocol. The application that allows people to access inter-blockchain liquidity for a number of defi applications. The following post is a step-by-step guide on how to leverage the Ren Protocol with Bitcoin Cash […]
The post Inter-Blockchain Liquidity: Minting Synthetic Bitcoin Cash With the Ren Protocol appeared first on Bitcoin News.
Powered by WPeMatico
Announcing the official launch of $RMPL, an ERC20 cryptocurrency with an elastic supply model, redesigned to solve unfair market manipulation and exploitation. $RMPL is currently on Uniswap, and will soon be released on several popular cryptocurrency exchanges. RMPL is a decentralized finance (DeFi) protocol developed with an elastic supply model. The total supply of RMPL […]
The post $RMPL Launches, Revolutionizing the Cryptocurrency Market with a Decentralized Elastic Supply Model appeared first on Bitcoin News.
Powered by WPeMatico
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone and during the last seven days, $2.4 billion […]
The post Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week appeared first on Bitcoin News.
Powered by WPeMatico