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DeFi Never Sleeps: How Investors Are Generating Massive Returns Through Yield Farming Protocols Such As Gnox, Pancakeswap, & Curve?
27.6.2022
Decentralized finance has earned a unique reputation across the crypto market for its yield-generating capacity is way higher than any traditional financial tool. No bonds, no stocks, or certificates of deposits can match the returns you get with yield farming protocols. For the uninitiated, yield...
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
19.6.2022
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST)...
MixBytes Launches Lido Pool on Curve for DOT Staking
3.6.2022
MixBytes integrated with Curve Finance for launching new Lido pools on Moonbeam. The stablecoin pool will support stDOT+xcDOT staking. The Lido pool users stand a chance to earn LDO tokens thanks to a proposal by the Lido DAO reWARDS committee for 100,000 LDO. Staking is one of the methods used...
Curve Finance Proposes to End CRV Token Emissions on All UST Pools
19.5.2022
On-chain participants are already voting “yes” to end CRV emissions from any liquidity pools involving UST
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
15.5.2022
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s...
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
13.5.2022
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi...
Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions
11.5.2022
Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed...
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...
Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
5.5.2022
The total value locked on Vector Finance hit a new high after the protocol integrated multiple stablecoins in the Avalanche ecosystem in order to become the network's largest liquidity hub
Curve Finance Integrates With Near’s Aurora Network
5.5.2022
NEAR’s DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve
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...
Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement
27.4.2022
SNX price got a boost after the project geared up for participation in the L2 Curve Wars and Optimism airdrop hunters engaged with the protocol
Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
22.4.2022
Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this...
$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL
21.4.2022
While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion...
Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn’t Be Surprised if Stocks Fell 40%
18.4.2022
The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envisions the “odds of a recession as roughly 15% in the next 12 months and 35% within...
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...
Bitcoin (BTC) Dips After Rejection From the 200 DMA Curve!
11.4.2022
Bitcoin is undoubtedly the crown jewel of cryptocurrencies. The success of this crypto is mandatory for the entire industry to survive. Considering BTC as a haven has allowed others to focus on the mass acceptance of cryptocurrencies. BTC is valued at $781,694,938,483, with 91% circulation of...
Can the IRS Track Bitcoin? Koinly Explains
6.4.2022
The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again. Crypto tax calculator Koinly is here to explain just how the IRS can track your crypto. Got gains or income from crypto? The IRS would like their cut, […]
Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%
3.4.2022
On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues...
Binance Coin (BNB) Closes on Its 200 DMA Curve of $466!
29.3.2022
Binance Coin has finally been able to reach the top levels of its consolidative zone. At the current value of $436, BNB is worth close to USD 72 billion, with a total circulation supply of 165.1 million Binance Coin tokens. Still, the volume of transactions on BNB remains less than 2% of its total...