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Today in Crypto: Car Crashed Into Sam Bankman-Fried's House Barricade, Ransomware Payments Fell 40% in 2022, Crypto Became the Second Most Widely Owned Asset Class for Women
20.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Car Crashed Into Sam Bankman-Fried's House Barricade, Ransomware Payments Fell 40% in 2022, Crypto Became...
Swapped Finance announces partnership with Kana Labs for Shardeum
20.1.2023
Swapped Finance recently announced a collaboration with Kana Labs. This development welcomed Kana Labs into the Shardeum, a smart contract platform. Shardeum, which was built on the Ethereum Virtual Machine (EVM), will promote blockchain through Kana Labs. Kana Labs will assist in connecting...
BIS proposes research model to study DeFi’s integration with TradFi and its risks
19.1.2023
Bank for International Settlements researchers admired DeFi’s “competitive financial engineering” and made some highly technical aspects of DeFi somewhat more accessible
1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting
19.1.2023
The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this year, features a 2.7-inch e-ink grayscale touch...
DeFi problems and opportunities in 2023: Market Talks
19.1.2023
Join us as we discuss decentralized finance, how it performed in 2022, and what its potential is in 2023
Innovative auto trading ecosystem MYST kickstarts new DeFi era
19.1.2023
MYST, the rising auto trading ecosystem, is making waves with its innovative approach. MYST stands for Multi-Strategy, Yield-Optimized Systematic Trading. The crypto bot trading and dApp, as the name implies, are a combination of multiple algorithms. It automates trades via the trading...
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter
19.1.2023
2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was the crypto exchange – Bitget. Despite the hardships...
Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
19.1.2023
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93...
Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem
19.1.2023
Every day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be settled side of an agreement won’t meet obligations. But a new paper from Circle Internet Financial and decentralized exchange Uniswap Labs finds that a distributed ledger could solve that problem...
Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
18.1.2023
Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space
DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
18.1.2023
The young company is an alum of Binance’s Most Valuable Builder (MVB) and Chainlink’s incubator program
DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
18.1.2023
The young company is an alum of Binance’s Most Valuable Builder (MVB) and Chainlink’s incubator program
DeFi should complement TradFi, not attack it: Ava Labs CEO | Davos 2023
18.1.2023
The co-founder and CEO of Ava Labs spoke with Cointelegraph at the World Economic Forum in Davos, Switzerland, on the future of DeFi and TradFi as two industries with merging value systems
DeFi Service Frax Finance Gains Momentum Amid Ether Staking Narrative, FXS in Focus
18.1.2023
High yields on Curve-related pools have attracted millions of dollars worth of ether to Frax in the past few weeks
DeFi Protocol Thena Sees Total Value Surge to $90M in a Week
18.1.2023
Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an uptick in total value locked (TVL) from $5 million to $90 million since its launch last week
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
17.1.2023
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to...
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
17.1.2023
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a...
Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading in Spot Market
17.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading...
Bitcoin DeFi ecosystem explained
17.1.2023
DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain
Polygon-Based Project Jarvis Loses $660K to a Security Exploit
17.1.2023
Jarvis Network recently announced losing over half a million dollars to a security breach. The exploit cost the popular Polygon DeFi project 663,101 Matic tokens, or USD 660,000. According to the latest tweets by Jarvis, the breach took place at the Midas pool. The jFIAT token was the target,...