Quick take: The XRP community had noted Ripple CTO, David Schwartz, had activated his wallet address for the Flare Network snapshot and were curious about his eligibility for the event Mr. Schwartz responded by explaining he...
Summary: ChainLink is once again attempting to retake the $12 price area and turn it into support LINK’s bullishness comes after Bitcoin retakes $13k and prints a 2020 peak at $13,498 Binance has added ChainLink as...
Quick summary: Over 15% of the Ethereum supply is locked in smart contracts This comes at a time when the total value locked in DeFi is about to hit a new milestone of $10 Billion In...
Quick take: Chef Nomi of SushiSwap has apologized for selling all his Sushi for ETH worth $14M He further explained his actions were driven by greed Chef Nomi has returned all the ETH back to the...
Summary: Daily unique addresses on Ethereum Virtual Machine-compatible chains set a new all-time high of 6.77 million last week. Experts and on-chain say expensive gas fees pushed more users to leverage EVM-chain like BNB Chain, Polygon,...
Lido Finance activated Ethereum withdrawals after the liquid staking protocol's version 2 went live on the Ethereum mainnet earlier today.
Quick take: The first week of September saw the total value locked in DeFi fall by 22% This was due to decreasing ETH and BTC prices in the first week of September The SushiSwap saga might...
Summary: The project’s DAO will rework a contentious proposal to send 750 million ARB tokens to the Arbitrum Foundation after community backlash. On-chain data showed that the foundation sold 10M ARB tokens to supposedly fund pre-existing...
Quick summary: Total Value Locked in DeFi recently breached $15B before dipping back to$14B levels The current total value locked stands at $14.66 Billion DeFi’s total value locked has a chance at breaching $20B before year’s...
Summary: An Ethereum ETH2.0 deposit contract has been launched on GitHub There has been no official announcement from Ethereum developers The launch has been overshadowed by the US Election saga If the deposit contract turns out...
Summary: Apecoin (APE) continues to break records in the crypto markets The funding rate of Apecoin perpetual contracts has reached the maximum lower limit of -0.75% Open interest on Apecoin futures contracts has reached $677 million...
Quick take: DeFi monthly active users have hit a new milestone of 292,000 in the month of August This is according to the team at Zapper.fi Furthermore, weekly active users have peaked at 99,686 Daily active...