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DeFi Roars Back: Total Value Locked Jumps Past $100B After April Slump


According to recent figures, the total value locked in decentralized finance (DeFi) has once again exceeded the $100 billion threshold, a level not glimpsed since the final week of March. DeFi’s Big Return: TVL Crosses $100B With Aave and Lido Dominating the Pack Data sourced from defillama.com...

Babylon total value locked drops 32% as wallets unstake $1.2B in Bitcoin


Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, reducing the protocol’s total value locked by 32%. On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked a total of 14,929 Bitcoin (BTC) from the staking...

Ethereum L2 development is ‘double-edged sword’ for ETH value


Ethereum’s push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world’s second-largest cryptocurrency, according to a new report from Binance Research.The report suggests that Ethereum’s L2 blockchain...

Bitcoin Is Not a Payments Platform


Jack Dorsey says Bitcoin needs payments to scale. Rena Shah, COO of Trust Machines, disagrees. It can continue to be this asset of generational wealth or store of value against inflation, while actually being an active asset across an evolving financial ecosystem, she says

BitMEX CEO explains how perpetual swaps test altcoin value


As the cryptocurrency market matures, advanced trading instruments like perpetual swap contracts are increasingly influencing the value of altcoins, according to BitMEX CEO Stephan Lutz.Perpetual swap contracts are a type of crypto trading contract that lets traders bet on the price of a coin...

Bitcoin Struggles Below $80K as Weekend Sell-Off Wipes Out $160B in Value 


While bitcoin maintained its footing on Friday, hovering above the $84,000 threshold, the digital currency descended below the $80,000 mark by Sunday, erasing $4,600 in value over the course of the weekend. Bitcoin’s Sunday Decline Triggers Deep Losses Across Digital Assets By Sunday evening, just...

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