Discover the Latest DeFi Crypto News

Crypto Analyst: ChainLink (LINK) is Worth About $5 – $8

John P. Njui·September 6, 2020

Crypto Analyst: ChainLink (LINK) is Worth About $5 - $8 14

In summary: Timothy Peterson has valued ChainLink (LINK) at between $5 – $8 His analysis is based on LINK function calls and network use This value should not be considered financial advice and is a measure...

DeFi Dashboard DeBank Taps OP Stack For Chain Testnet, Mainnet Coming In 2024

Naga Avan-Nomayo·August 11, 2023

DeBank’s “Asset Layer for Social” blockchain looks to tackle costly transaction fees and safeguard layer 1 assets on EVM-compatible chains. The DeFi aggregator said its chain would implement account abstraction at chain level to offer a...

Yearn Finance (YFI) is 700x Scarcer than Bitcoin – Crypto Analyst

John P. Njui·January 15, 2021

Quick take: The supply of Yearn Finance (YFI) is 700 times lower than that of Bitcoin Like Bitcoin, YFI is valued at the $30k area with a current value of $32,300 The project has lately merged...

Uniswap Labs Establishes Venture Arm to Fund Web3 Projects

John P. Njui·April 11, 2022

Uniswap Labs Establishes Venture Arm to Fund Web3 Projects 18

Summary: Uniswap Labs has launched a venture unit dubbed Uniswap Lab Ventures Uniswap Lab Ventures (ULV) aims to fund projects focusing on web3 that are aligned with the company’s vision The team at ULV will also...

Ethereum 2.0 Validators are Earning 0.002792 ETH per Day

John P. Njui·December 23, 2020

Ethereum 2.0 Validators are Earning 0.002792 ETH per Day 19

Quick summary: Ethereum 2.0 validators are currently earning 0.002792 ETH per day This is approximately $1.71 using an ETH value of $613 This translates to approximately 3.2% annual interest when compounded Ethereum has continued to trade...

Ethereum Gas Fees Hit 1-Year High Amid Memecoin Renaissance

Naga Avan-Nomayo·May 5, 2023

Gas fees on Ethereum hit their highest point since 2022 amid a Pepe-led memecoin revival.

Binance US to Support XRP’s Flare Networks Snapshot and Distribution

John P. Njui·December 4, 2020

Binance US to Support XRP's Flare Networks Snapshot and Distribution 20

Quick take: Binance.US has officially announced its support for the Flare Networks snapshot This leaves Coinbase as the only major exchange yet to confirm support for the event Huobi, OKEx and Bitfinex have also announced their...

Aave To Deploy V3 Lending Protocol On BNB Chain After Uniswap Crossover

Naga Avan-Nomayo·April 4, 2023

Summary: Aave-Chan creator Marc Zeller proposed launching the Aave V3 lending protocol on BNB Chain. Zeller suggested deploying on Binance’s DeFi chain with a basket of digital assets as supported collateral including BNB, WBTC, BETH, WETH,...

2020’s Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash

John P. Njui·May 8, 2022

2020's Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash 21

Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash...

“Hostile Market Conditions” Force Bancor (BNT) To Suspend Impermanent Loss Protection

Rahul Nambiampurath·June 20, 2022

Bancor has suspended impermanent loss protection, citing hostile market conditions. The feature will be reactivated when markets stabilize. Bancor is the latest entity to take action as the effects of the bear market grow. The Bancor...

Aave Community Approves Proposal To Acquire 5 Million CRV

Aditya Anand·August 11, 2023

Aave Community Approves Proposal To Acquire 5 Million CRV 22

The community behind Aave has voted in favor of a proposal that seeks to use 2 million USDT from the Aave DAO Treasury to acquire 5 million CRV to support the DeFi ecosystem.

Binance CEO Hints at Buying 32 Ethereum to Support ETH 2.0

John P. Njui·November 10, 2020

Binance CEO Hints at Buying 32 Ethereum to Support ETH 2.0 23

Quick take: Binance CEO, CZ, has hinted that he will purchase 32 ETH He explained the Ethereum will be used to support ETH development 32 ETH is the minimum staking requirement on ETH2.0 ETH2.0 needs at...

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Curve 3pool Sees Increased Outflows Since hack

Matter Labs Denies Polygon’s Allegations Of Open-Source Code Plagiarism

U.S SEC Is Reportedly Ready To Consider Ethereum Futures ETF Applications

Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization

Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says

Europe Beats US To List Spot Bitcoin ETF

Coinbase CEO Brian Armstrong Is Bullish On On-Chain Games & Ads

Magnate Finance Rugs $6.4 Million From Base Users

Former OpenSea Executive Sentenced To 3 Months In NFT Insider Trading

Blur solidifies reign in NFT space with 60% trading volume market share

OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional

Coinbase Increases Bond Buyback Limit By $30 Million

Judge In Coinbase Case Threw Out Uniswap Lawsuit

Binance To Phase Out BUSD By 2024

A Beginner’s Guide to EIP-5725: Transferable Vesting NFTs

yPredict.ai Unveils Next-Gen Payment Gateway for Token Purchase – Developed in Record Time

YPRED Token Presale is Live – World’s First AI ecosystem

Decentralized Finance (DeFi)