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Solana 2023: Fueling record growth, DeFi boom, and Web3 expansion
22.12.2023
Solana has ended yet another year with a bang. Although 2023 was filled with challenges, the Solana community turned it into an eventful year. It is no wonder it is nearing the 100-dollar price mark again. Currently trading at 99 dollars, the token has gained 17.34% in the past 24 hours. Its 1-week...
Crypto Network Tron Set to Capitalize on DeFi Boom With Wintermute as Market Maker
14.9.2022
In addition to supporting Tron’s decentralized finance ecosystem, Wintermute will provide liquidity for major TRX trading pairs across multiple crypto exchanges, boosting the token's accessibility
Polygon active users grow by 75,000 as DeFi boom continues
17.5.2021
Data from DappRadar shows rapid uptake of Polygon-based decentralized applications. The network now has 93 functioning dapps, up considerably over the past four weeks
Will the launch of Uniswap v3 spark a new DeFi boom?
5.5.2021
With Uniswap’s TVL growing from $13.7 million to $8.5 billion since launching its v2 iteration, some onlookers believe the DEX’s v3 launch could spark the next DeFi rally
DeFi boom pushes Universal Market Access (UMA), SwissBorg and Siacoin (SC) higher
4.2.2021
As the DeFi boom continues, Universal Market Access, SwissBorg, and Siacoin are notching triple-digit gains due to protocol upgrades and new product launches
Regulatory sandbox and DeFi boom: How Spain pushed crypto adoption despite the pandemic
30.1.2021
A summary of the events that marked 2020 in the Spanish crypto space and opinions from different people of the industry who lived it from the inside
DeFi boom and Bitcoin rally position NEXO to close 2020 with a 480% gain
21.12.2020
Bitcoin is currently the center of attention but savvy investors have also noticed that Nexo token has rallied 480% in the last 3 months
DeFi boom drives 1200% increase in DApp volume in 2020: Report
18.12.2020
DeFi projects will form the foundation of the crypto economy in 2021 according to a report by DappRadar
MetaMask hits 1M monthly users thanks to DeFi boom
6.10.2020
The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users
Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype
29.9.2020
Crypto research firm, Messari says new Defi token offerings or initial dex offerings (IDO) are a reincarnation of initial coin offerings (ICO) and warns average investors to steer clear these. The firm notes that several early participants of IDOs are the ones that typically make off with outsized...
Defi Token Exposed as Pump and Dump Scam in Leaked Telegram Chat
28.9.2020
A leaked Telegram discussion by 50 so-called crypto influencers has exposed the extraordinary steps they take in order to profit on the back off unsuspecting defi investors. According to a leaked screenshot of the chat, an elaborate plan to defraud defi investors using the worthless...
Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?
24.9.2020
After reaching an all-time high of $19.20 on August 14, the Chainlink token now trades lower after losing more than 50% in value in just over a month. The token, which briefly overtook Bitcoin Cash as the fifth-ranked crypto in market capitalisation terms, was ranked 9th on Markets.Bitcoin.com...
Daily Ethereum transactions hit a new historical high amid DeFi boom
18.9.2020
The previous all-time high in daily transactions was recorded in 2018
Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward
15.9.2020
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator...
Ethereum scalability issues exposed as high gas fees stall DeFi boom
10.9.2020
Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
DeFi boom leaves former altcoin darlings in the dust — But for how long?
7.9.2020
The strong performance from DeFi tokens has far eclipsed that of many top-10 altcoins but how long can this trend last?
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
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...
Ether’s Rally to 25-Month High on DeFi Boom Drives Record Demand for Derivatives
15.8.2020
Record open interest in ether derivatives suggests the recent price rally has legs