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As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise


Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...

Dydx Protocol Unlocks Airdrop Rewards; Users Get up to $50K


Dydx, a decentralized exchange, finally unlocked its airdrop rewards for users. Its governance token, dydx, was locked due to airdrop restrictions since the protocol announced its distribution on August 3rd. Since its release the price has skyrocketed, giving some of the more active users on...

Total Value Locked in DeFi is a 'Deceptively Complicated Metric'


One of the most often used metrics in the decentralized finance (DeFi) industry, total value locked (TVL), is "a deceptively complicated metric hiding under a benign name," according to crypto intelligence firm Coin Metrics. What this metric should be measuring is the total size of...

Early NEO: The World Ends With You Players Locked Out Of Game


Over the weekend, NEO: The World Ends With You fans discovered that Square Enix was accidentally leaking the game early to people who pre-ordered it on Switch. Now, with a week still to go before its official release, access to the upcoming action RPG has been rescinded.Read more

Simplex Tie-Up With Kava Brings Fiat Directly to Defi


As Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility...

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