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DeFi Market Soars to $42 Billion, Rises by $6.2 Billion in Just Two Weeks – Is The Bull Market Here Again?
30.10.2023
The digital asset market has recorded several wins this month with Bitcoin (BTC) hitting a 16-month high and surging activities around decentralized finance (DeFI) applications. According to data from DefiLlama, the total value locked (TVL) on DeFi protocols has soared to $42 billion, marking...
DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March
30.10.2023
The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago
As This Unknown DEXTools Coin Goes Up 10x, Crypto Whales are Quietly Accumulating This Other Coin – What Do They Know
30.10.2023
In a mysterious meme coin pump, a strange new unknown DEXtools token called AICGFI has exploded 10x on markets, with pump fuelled by the vague promise of decentralized artificial intelligence. Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering...
State Channels ‘Significantly Reduce Congestion and Transaction Fees,’ Ideal for Decentralized Exchanges — Louis Bellet
28.10.2023
According to Louis Bellet, the founder of the Layer-3 peer-to-peer protocol Yellow Network, crypto trading has not scaled largely because it remains unregulated in many places which in turn “greatly slows down its growth and produces tons of scams.” In contrast, traditional finance...
Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation
27.10.2023
The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new era for the Dydx chain. The introduction of dydx...
Report: Crypto Custodians Are Evolving to Provide More Services
27.10.2023
A report issued by Ccdata, a digital asset-focused research firm, describes that crypto custodians have been evolving to introduce new use cases for their institutional customers. These new use cases include staking services, tokenized real-world assets (RWA) custody, and investment product-related...
Neo Announces EVM-Compatible Sidechain to Prevent MEV Attacks
27.10.2023
Neo, the open-source blockchain platform, has revealed its plans for the development of a new Ethereum Virtual Machine (EVM)-compatible sidechain, a move aimed at expanding its capabilities in the decentralized finance (DeFi) sector. Sidechain Will Offer Interoperability With NEO N3 Mainnet In...
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
27.10.2023
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...
North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports
25.10.2023
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance...
DYdX, Decentralized Crypto Exchange, Open Sources ‘V4’ Code for Upcoming Cosmos Chain
24.10.2023
This marks the first step in initiation of the v4 upgrade, where the DEX is transitioning away from its layer-2 network atop Ethereum onto its own standalone blockchain
Bitcoin.com Collaborates With MyCointainer to Integrate VERSE Token on Its Platform
24.10.2023
PRESS RELEASE. October 24th, 2023. Bitcoin.com, a pioneer in providing accessible and user-friendly cryptocurrency services, has announced a strategic partnership with crypto-staking platform MyCointainer where VERSE, the rewards and utility token for the Bitcoin.com ecosystem and...
Lower-middle income countries lead in crypto adoption, but not volume: Chainalysis
23.10.2023
Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis
The evolution of decentralized exchanges: A comparative analysis
23.10.2023
The cryptocurrency world is undergoing a transformative phase as DEXes consider pivoting from AMM models to the more traditional order book structures
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
23.10.2023
Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...
Games need decentralized randomness to be fair
20.10.2023
Does your RNG have sufficient randomness? Is it secure against tampering? Is it decentralized? These qualities are critical to building a viable metaverse
Uniswap Leads Decentralized Exchanges in 2023 as Trading Volume Hits All-Time High
20.10.2023
The leading decentralized exchange (DEX) Uniswap recorded an all-time high trading volume of over $100 billion in October. This milestone is part of a larger trend that sees the platform not just sustaining growth but also surpassing established centralized exchanges like Coinbase.
The data also...
SynFutures Decentralized Exchange Secures $22 Million Investment Led by Pantera Capital – Crypto Funding Making a Comeback?
20.10.2023
The decentralized derivatives exchange SynFutures has announced the closure of a Series B funding round that raked in $22 million.
The round was led by Pantera Capital, a significant player in the crypto investment space, and saw participation from SIG DT Investments, a subsidiary of...
‘This will be our last post’ — LBRY throws in towel against the SEC
20.10.2023
“Thank you to everyone who fought with us for online freedom,” the LBRY Inc team said
Polygon Proposes Council for ‘Decentralized Governance,’ Names 13 Members
19.10.2023
The project named 13 "inaugural members" to the council, including officials from Coinbase and the Ethereum Foundation
Querio: The Daring Upstart on a Mission to Revolutionize Decentralized Search
19.10.2023
PRESS RELEASE. Imagine a new internet era with Querio, an ambitious decentralized search engine revolutionizing Web3 exploration. With lightning speed, pinpoint accuracy, and unwavering privacy, Querio serves as a portal to the decentralized technology universe, challenging the status quo...