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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 Now, with a week still to go before its official release, access to the upcoming action RPG has been rescinded.Read more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...

'Locked-Out' Users Sue Coinbase For North of USD 5M


Source: A screenshot, Instagram, Coinbase Six Coinbase users are taking the crypto exchange giant to court to seek more than USD 5m in compensation for themselves and other users who were allegedly locked out of their accounts for several months or longer at a time. According to a complaint filed...

Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout


Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...

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