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Ethereum dominates among developers but competitors growing faster
6.1.2022
The total monthly active developers measured hit a record high of more than 18,000 but Ethereum retains the largest number of them
Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance
4.1.2022
The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on...
Binance Labs leads $12M round for DeFi platform WOO Network
4.1.2022
Binance's VC arm lea DeFi liquidity provider WOO Network's $12 million Series A+ funding round
Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion
28.12.2021
According to data recorded on December 28, there’s approximately 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Ten different bitcoin-pegged projects exist today and the project Wrapped Bitcoin dominates 59.66% of all...
Terra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in Defi
22.12.2021
The total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has increased 3.46% during the last 24 hours and the blockchain Terra has overtaken the Binance Smart Chain in terms...
Binance VC arm leads $60M round in cross-chain protocol Multichain
21.12.2021
Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens
12.12.2021
Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse...
AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
12.12.2021
Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million respectively
Crypto Biz: Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9
9.12.2021
Crypto- and blockchain-focused capital raises continue to make headlines as venture funds look to support the emergence of Web 3.0
Binance Smart Chain Partners With Animoca Brands in $200 Million Crypto Gaming Incubation Fund
7.12.2021
Binance Smart Chain, one of the leading smart contract platforms in the blockchain market, has partnered with Animoca Brands, operator and investor of several NFT based games, to launch a joint $200 million gamefi (financialization of gaming) incubation program. The two institutions will invest...
Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects
6.12.2021
BSC-based projects will get a chance to gain insight from Animoca Brands and assistance from the BSC community
Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses
5.12.2021
Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost...
Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round
1.12.2021
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build...
Binance Smart Chain hits record-high daily transactions
17.11.2021
The DeFi platform has recorded approximately 1.75 billion lifetime transactions since its launch in August 2020
Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
4.11.2021
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi...
Meme coin mania triggers triple-digit gains from Binance Smart Chain-based altcoins
29.10.2021
HOGE, ASS and TABOO are three Binance Smart Chain-based projects that have seen triple-digit rallies after traders rotation into meme coins
Altcoin Roundup: Holding Bitcoin? Here’s how to put it to work in DeFi
23.10.2021
BTC is back at all-time highs, meaning it’s even easier for holders to capitalize on the lucrative yield opportunities DeFi offers to investors who are willing to stake their tokens
A Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike
18.10.2021
October has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT) sales have picked up and after the total-value locked (TVL) in defi crossed $200 billion...
Centric Swap leads ‘Uptober’ after a swift 1,000% gain. Here’s why it could go higher
17.10.2021
CNS price rallied roughly 1,000% in the past 5 weeks as new partnerships, a chain migration and the promise of “announcements upon announcements” lure new investors