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dYdX releases an app: Why haven't more DeFi protocols followed suit?
11.5.2022
Perpetual contract trading platform dYdX has launched an app for users outside of the U.S. that will offer the same functionality as its website
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
8.5.2022
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last...
Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD
8.5.2022
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as...
Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
7.5.2022
Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project...
Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach and more
6.5.2022
The week in DeFi saw European lawmakers write a new chapter on DeFi, Virginia county plans to put its pension fun in a DeFi yield, DeFi protocols lost $1.6 billion to exploits and more
Ethereum Name Service Domains Surpass 1 Million Registered Names
3.5.2022
Ethereum Name Service, or ENS, surpassed a million created names this week, according to statistics from the crypto metrics dashboard Dune Analytics. Data shows that there’s been a significant spike in ENS names registered during the last 30 days, and 24-hour statistics indicate ENS has been...
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...
0x Protocol's Token Surges Over 47% After Coinbase NFT partnership
21.4.2022
0x has rallied by more than 47% after it was announced that Coinbase NFT would be using the protocol to power its new platform
How Are DeFi Protocols Revolutionizing Passive Income Earning?
20.4.2022
It is no surprise that the decentralized finance (DeFi) ecosystem is as large as today. With over $75 billion locked in DeFi protocols, the ecosystem has shown explosive growth, and innovation is at an all-time high in the space. DeFi is building and creating solutions more than the mere swapping...
Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’
15.4.2022
On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one...
Multi-chain, stocks and stablecoin-focused DeFi protocols are showing signs of strength
13.4.2022
Balancer, DeFiChain and cBridge each saw a surge in their total value locked despite the current downturn in the wider crypto market
Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days
11.4.2022
Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders...
Polygon Announces Zero-Knowledge Identity Platform for Web3
1.4.2022
On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects...
What Layer 1 Protocols Must Learn From the Telecom Crash
21.3.2022
Layer 1 networks competing with Ethereum was a major investment theme in 2021
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
20.3.2022
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today...
PoW avoids EU ban, two DeFi protocols suffer a combined $11M hack and BAYC does an ApeCoin airdrop: Hodler’s Digest, March 13-19
19.3.2022
Altcoin Roundup: Three layer-1 protocols see inflows amid choppy, volatile market conditions
18.3.2022
Ethereum competitors make inroads into DeFi as the total value locked and on-chain protocols continue to rise for these layer-1s
‘Unlucky’: Agave and Hundred Finance DeFi protocols exploited for $11M
16.3.2022
Agave and Hundred Finance have paused operations whilst investigations continue into the exploit