Quick take: The amount of Ethereum locked in DeFi continues to rise. Approximately 3.5 million ETH is locked in DeFi. Majority of the Ethereum is locked up in the DeFi apps of Maker and Compound Finance. ...
In summary: The team at Coinmarketcap has continued to add new features on the site since the acquisition by Binance. The latest is a DeFi ranking that has ChainLink ranked first in DeFi projects. The team...
In brief: The initial release of Ethereum was 5 years ago on July 30th. To date, Ethereum is the most popular smart contract platform. DeFi and ETH2.0 occupy center stage on Ethereum’s fifth anniversary. The popular...
Quick take: The Tron (TRX) and Waves projects have announced a strategic partnership. The partnership will enhance inter-chain communication between the two networks. Key to the partnership is the use of Gravity, an Oracles and Cross-Chain...
Quick take: The Tron foundation will be launching JustSwap on the 18th of August. JustSwap will be the first decentralized token exchange protocol on Tron (TRX). It will allow users to exchange TRC20 tokens as well...
In brief: Tron’s JustSwap will be launched today at 22:00 UTC + 8. Justin Sun will be hosting a Livestream event to introduce JustSwap. Tron (TRX) has had an impressive rally from the 13th of August,...
Quick take: The DeFi boom has led to high ETH fees on the Ethereum network. The team at CoinMetrics has concluded retail users are being locked out of DeFi by these high ETH fees. Whales are...
In summary: The team at Binance has announced a partnership with the Band (BAND) Protocol. Binance Smart Chain has integrated BandChain’s decentralized Oracle Network. The oracle network connects real-world data and APIs to smart contracts. This...
In brief: Binance has launched the long-awaited staking of BNB on the trading platform. The DeFi staking of BNB will commence today, August 20th, at 1 pm (UTC). 7-day and 30-day products will be available and...
In summary: The team at Weiss Ratings has concluded that ChainLink is an integral part of the DeFi revolution. Decentralized Finance is one way of bringing digital assets to the mainstream. ChainLink’s oracle network powers a...
In summary: Yearn Finance (YFI) has eclipsed Bitcoin’s value and posted a new all-time high of $16,700. The popularity of DeFi is one reason YFI is gaining in the market. YFI has a very low circulating...
In summary: Tron’s JustSwap was launched on the 18th of August. The majority of JustSwap’s trade volume was in the first 24hrs by handling 33,169 transactions. However, the JustSwap team discovered fake tokens on the platform...