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L2 Protocol Blast Secures $230M TVL in 48hrs as Yield Concerns Arise


Source: Blast Blast, a new Ethereum Layer 2 network, has achieved an impressive Total Value Locked (TVL) of over $230 million within 48 hours of its unveiling. However, there’s a unique twist – the network does not exist yet. Blast has reached $230 Million in TVL within 48 hours. 37,131...

Ethereum Network Accounted for Over 90% of Layer 1 Revenues in Q3 — Study


According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were 160% higher than in the preceding quarter. Ethereum...

Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery


Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...

Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos 


The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain....

Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak


Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...

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