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Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade...
BNB surpasses the 100 EMA curve; A breakout is imminent!
11.1.2023
BNB, the native cryptocurrency of Binance, was created by one of the largest cryptocurrency exchanges in the world. Binance users can use BNB to pay trading fees on the exchange, which can result in a discount. Additionally, Binance uses BNB to fund various initiatives, including acquisitions...
DeFi Protocol Yearn Finance Will Let Anyone Create Curve Reward Farms
10.1.2023
Yearn was among the first yield aggregators in the now-mature decentralized finance ecosystem
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion
9.1.2023
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January...
Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery
7.1.2023
According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security practices. However, a number of experts, computer...
DeFi Tool Convex to Make Changes to Staking Service for Curve Token Rewards
4.1.2023
Curve tokens (CRV) are issued as yield farming rewards to liquidity providers on Curve Finance, and can be converted into vote-escrowed CRV (veCRV)
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
20.12.2022
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps....
TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021
17.12.2022
The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi...
Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed
12.12.2022
On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021,...
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...
BNB is facing consolidation near the 100 EMA curve!
9.12.2022
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burning tokens at repeated intervals. By December 2022, Binance has already burnt close to 20% of...
Compound Finance to impose lending caps in light of failed Aave exploit
28.11.2022
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%
Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25
24.11.2022
Bears are better positioned to profit roughly $215 million during November's Ether options expiry, putting pressure on ETH's price near a critical resistance level
Crypto survived worse than the fall of FTX: Chainalysis
24.11.2022
According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox
Aave proposes governance changes after failed $60M short attack
23.11.2022
The exploit failed due to a miscalculation of Aave's liquidity levels
Best Crypto to Buy Today 23 November – CRV, D2T, LTC, TARO, DASH
23.11.2022
The cryptocurrency market generally recovered on Wednesday and pushed its market cap to $860 billion. Litecoin price led the mid-week bear rally, in a move that brought its weekly cumulated gains to 37.4%. Dash also outperformed its peers with a 14.65% recovery. Although Curve DAO Token only...
Polygon (MATIC) takes support from its 200 EMA curve!
23.11.2022
MATIC cryptocurrency is a positively biased token of the Polygon network that offers higher scalability. Using the Ethereum blockchain as the core object for expansion, Polygon has enabled a new method for scaling and governance by issuing MATIC tokens. As a layer two solution, this crypto network...
Curve DAO Price Prediction as CRV Rockets Up 40% in 24 Hours – Here’s Where It’s Headed Next
23.11.2022
The price of Curve DAO (CRV) has risen by 46% in the past 24 hours, as a whale's plot to sell the altcoin short backfired and resulted in a squeeze. CRV is currently up by 5% in a week and down by 31% in a month, with the short seller having undermined its price for over a week before its recovery...
Mango Exploiter's Funds Get Liquidated After Roiling Aave Using $20M of Borrowed Curve Tokens
22.11.2022
A trader identified as Avraham Eisenberg, who became infamous for his “very profitable trading strategy” of exploiting $114 million from Mango Markets, borrowed tens of millions of Curve DAO tokens and sent them to an exchange – but his position appears to have gotten liquidated
Mango Markets hacker allegedly feigns Curve short attack to exploit Aave
22.11.2022
It appears that shorting of CRV tokens was a distraction shot to exploit a sophisticated loophole on DeFi platform Aave