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Nalezeno "Defi Boom": 35

Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward

15.9.2020
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator...

Ethereum scalability issues exposed as high gas fees stall DeFi boom

10.9.2020
Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network

Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs

10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...

DeFi boom leaves former altcoin darlings in the dust — But for how long?

7.9.2020
The strong performance from DeFi tokens has far eclipsed that of many top-10 altcoins but how long can this trend last?

Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe

7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...

Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts

5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...

Ether’s Rally to 25-Month High on DeFi Boom Drives Record Demand for Derivatives

15.8.2020
Record open interest in ether derivatives suggests the recent price rally has legs

Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy

27.7.2020
The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains...

Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard

26.7.2020
The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market...

Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket

22.7.2020
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the world of decentralized finance (defi)...

Chainlink Surges to New Highs Fuelled by DeFi Boom

8.7.2020
On its third consecutive day of strong price gains, LINK, the native token of decentralized oracle platform Chainlink, today surged to yet another all-time high, fuelled partly by massive interest from across the cryptoverse in Decentralized Finance (DeFi) applications. As of press time today...