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Avalanche (AVAX) price is up, but do fundamentals support the rally?
7.2.2023
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum
Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs
7.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp...
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...
DeFi protocols unite to promote permissionless Web3 experiences
7.2.2023
The collaboration of over 30 DeFi projects came as an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes
DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism
7.2.2023
The Aave community has favorably voted on a proposal to permit Lido DAO to distribute token rewards across liquidity pools on three networks
Polygon happens to deliver its Polygon Degen Campaign
7.2.2023
Polygon Labs, as a company, happens to be actively engaged in the development of Ethereum upgrading solutions in the case scenario of Polygon protocols. The entity gets involved with various ecosystem developers in order to be able to provide an upgradable, cost-effective blockchain framework...
Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto Ad Regime, Interpol Wants to Police Metaverse
6.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto...
DeFi Lender Alchemix Approves ALCX Token Buyback Plan
6.2.2023
Alchemix will divert a third of its yield-farming revenue into a token buyback program for ALCX in an attempt to bolster its synthetic assets
Stablecoin adoption could lead to DeFi growth, says Aave founder
6.2.2023
Stani Kulechov said that one of the challenges in the ecosystem is that there's less backing in decentralized stablecoins compared to centralized ones
Reports of SperaxUSD exploitation emerge
6.2.2023
A user has taken to Twitter to break the news that there was an attack on Arbitrum USDs wherein a bug in auto-changing users led to the hack. According to one of the tweets in the series, the code half changed the account to a new style, using that change to calculate the other half …
Pandora to allow NFT holders to earn passive income with DroidBots
6.2.2023
Staking has been associated with tokens in the crypto industry. Things have evolved, allowing users to stake their digital assets for passive income through rewards or interest. Pandora has taken a step in that direction. What makes this evident is the recent blog post published by the venture...
BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari
6.2.2023
Average daily addresses on the Binance blockchain network grew by 30% year-on-year in Q4
Fantom's 5-week winning streak is in danger — Will FTM price lose 35%?
5.2.2023
The FTM market has turned overbought after rallying 230% in five weeks. In addition, the coin's momentum is slowing down compared to the price boom, per technical data
How to protect against crime in the metaverse
4.2.2023
To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
4.2.2023
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum
3.2.2023
A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open testing will begin in March. Sberbank’s Defi...
DeFi enjoys a prolific start to 2023: Finance Redefined
3.2.2023
DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion
Today in Crypto: Ethereum to Activate Zhejiang Testnet Next Week, Sberbank to Release a DeFi Platform by May, Titan Comics to Launch a Comic Series Based on Nouns NFTs in April
3.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ethereum to Activate Zhejiang Testnet Next Week, Sberbank to Release a DeFi Platform by May, Titan Comics...
Russia's Sberbank plans to launch DeFi platform on Ethereum
3.2.2023
DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said
MetaLend has deployed on Ronin to borrow and lend against NFTs
3.2.2023
Ronin Network recently announced the launch of MetaLend on its mainnet. MetaLend is primarily known for helping Axie Infinity users get loans for in-game assets. The assets include land and axies directly associated with the Ronin wallets. In addition, MetaLend develops software that lets users...