Cryptocurrency News
In the wake of Donald Trump’s recent election win, decentralized finance (DeFi) tokens, particularly Uniswap ($UNI) and Lido DAO ($LDO), are seeing notable gains as investor sentiment turns positive. Both tokens, which previously faced scrutiny from the U.S. Securities and Exchange Commission (SEC) with Wells Notices indicating possible regulatory action, […]
dYdX is making waves in the DeFi world, thanks to its recent migration to the Cosmos interchain protocol, which has propelled the decentralized exchange to the forefront of the market. With a daily trading volume nearing $757 million, dYdX has now overtaken Uniswap in activity, solidifying its position as a […]
A major crypto whale has been making significant moves in the DeFi space, accumulating various tokens. Recently, this whale withdrew 299,133 $UNI (worth $2.39 million) from Gate.io. Additionally, between August 13 and September 12, the whale withdrew 19,373 $AAVE (valued at $2.95 million) and 596 $MKR (worth $805,000) from Binance. […]
As decentralized finance (DeFi) continues to evolve, token unlocks have become a key event to monitor. These unlocks, where a portion of a project’s tokens are released into the market, can significantly influence price dynamics. However, the effect of these releases can be quite varied, highlighting the need for a […]
The term “blue-chip,” borrowed from traditional finance, has found its place in the DeFi world, referring to governance tokens of top decentralized finance protocols. These tokens, including UNI, AAVE, COMP, MKR, CRV, SNX, LDO, and DYDX, have established themselves as leaders since their launch during DeFi Summer 2020. Uniswap (UNI) […]
The cryptocurrency market has experienced a turbulent day, raising questions about the sustainability of Ethereum’s DeFi sector. Bitcoin (BTC) has dropped by 2.73%, settling at $58,000, while Ethereum (ETH) fell by 4.38% to $2,421. These declines come despite hints from Federal Reserve Chair Jerome Powell about potential rate cuts, which […]
As of August 2024, the integration of Real-World Assets (RWA) into decentralized finance (DeFi) has surged to $3.74 billion in total value locked (TVL), highlighting the growing connection between DeFi and traditional financial systems. One of the most transformative innovations brought by blockchain technology is tokenization. This process converts ownership […]
MANTRA has successfully launched its first $OM Liquidity Pool (LP) on the Base chain. Following approval, MANTRA worked swiftly to integrate $OM into the Base chain ecosystem. The existing OM/ETH LP on Uniswap, which already boasts over $5 million in liquidity, allows for seamless swaps on Ethereum. The deep liquidity […]
In the past 30 minutes, Justin Sun, the founder of TRON, allegedly deposited $21 million worth of four DeFi tokens to Binance. The tokens include:- 93,979 AAVE valued at $11.26 million 3,800 MKR valued at $9.3 million 4,178 COMP valued at $245,000 203,623 LQTY valued at $217,000 If Sun decides […]
Socket, a protocol in the decentralized finance (DeFi) space, recently encountered a security incident that led to a loss of approximately $3.3 million. The vulnerability stemmed from a call injection attack on the Socket protocol, specifically impacting wallets with infinite approvals to Socket contracts. As a response, all affected contracts […]
Today, reports from BeosinAlert reveal that Radiant Capital fell victim to a flash loan attack, resulting in a substantial loss of $4.5 million. The attack exploited a vulnerability in the contract, specifically manipulating the index parameter, which, later on, served as a denominator. Radiant Capital @RDNTCapital was under a flash […]
The crypto market has been in a bear market for the past few months, but there are signs that the next bull run is on the horizon. Here are some recent, current, and popular crypto narratives, including RWA, that will spearhead the next Bitcoin market bull run: Institutional Adoption Institutional […]
As of April 2023, the DeFi space continues to expand with new platforms and innovations being introduced. Here are three of the newest DeFi platforms that are worth exploring for those looking to make money this month. Efinity (EFI) Efinity is a DeFi platform that aims to provide a faster […]
Optimism Ecosystem Tokens are tokens built on the fast, reliable, and scalable L2 blockchain created by Ethereum developers, for Ethereum developers, called Optimism. Optimism Ecosystem Tokens has a total market capitalization of $136,761,167,703 and a total trading volume of $47,179,168,821 in the last 24 hours. Note: This List is sorted […]
Decentralized storage assets, commonly referred to as filesharing tokens, reward users with tokens for hosting storage space on their system. Filesharing Tokens have a total market capitalization of $3,677,567,429 and a total trading volume of $266,297,962. Note: This List is sorted by their market capitalization from lowest to highest ThreeFold […]
The wilderness of decentralized finance (DeFi) and its consequent lack of accessibility has warded-off too many potential users from centralized finance (CeFi). The latter makes the possibility of mass adoption all but a sweet dream. A hard-to-digest user experience that narrows users to diehard crypto fans, steep fees that exclude […]
Decentralized Finance (DeFi) is a financial system that allows its users the benefits of banking operations without going through banks or other intermediaries. The DeFi crypto market cap is over $50.53B with some top names such as AVALANCHE, UNISWAP, CHAINLINK, AND TERRA CLASSIC. It has a total trading volume of […]
As the phrase implies, a Decentralized Exchange is a platform that allows its users to trade, swap or undergo any form of transaction without the need for any intermediaries. Decentralized Exchange Tokens are safer to deal with and by nature, have attracted a steady stream of Funds. Currently, it has […]