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Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
7.2.2023
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the...
NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements
5.2.2023
Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81%...
Russia Expands Its Crypto Mining Capacity, Report Reveals
5.2.2023
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major...
DeFi enjoys prolific start to 2023: DappRadar report
2.2.2023
DeFi protocols have seen significant growth in total value locked in January 2023, with Lido Finance leading the charge
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
2.2.2023
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in...
Total crypto market cap rises above $1T, and data suggests more upside is in store
27.1.2023
Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care
Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network
24.1.2023
Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while...
Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020
23.1.2023
After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed...
Nexo confirms to pay a total of $45M in settlement to U.S. regulators
20.1.2023
On 19th Jan, the security regulators of the U.S. North American Securities Administrators Association and Securities and Exchange Commission (SEC), announced that Nexo capital had to pay almost $45 million in penalties. The regulators claim that Nexo has failed to register its EIP. As a result...
NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’
20.1.2023
NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble Ponzi scheme that is going bust.” He advised investors to “absolutely stay away” from crypto, claiming that most people in the crypto space...
Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T
19.1.2023
Former BitMEX CEO Arthur Hayes says catastrophe is coming for the crypto sector, but derivatives data shows bulls slowly taking control of the market
Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
18.1.2023
Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space
DeFi Protocol Thena Sees Total Value Surge to $90M in a Week
18.1.2023
Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an uptick in total value locked (TVL) from $5 million to $90 million since its launch last week
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
17.1.2023
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to...
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
17.1.2023
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a...
'To the moon' or 'total crash'? Bitcoin price hits new 4-month highs
17.1.2023
BTC price action is still splitting consensus regarding whether Bitcoin will continue higher — what do you think?
Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme
14.1.2023
More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded thousands of people around the world. Bitconnect Investors From Dozens of Countries to Be Paid Back...
Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K
13.1.2023
Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion
Gitcoin announces Gitcoin Alpha Round that supports 3 rounds & $1M total matching pool
12.1.2023
Gitcoin has announced Gitcoin Alpha Round with categories, namely Ethereum Infrastructure, Open Source, and Climate Solutions. The aim of the Quadratic Funding round is to support 200 grantees with a matching pool of $1 million. It will commence on January 17, 2023, and end on January 31, 2023....
Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76%
10.1.2023
After a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held XRP at the time of the snapshot