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: Timothy Peterson has predicted that Chainlink will exhibit early Bitcoin returns of 300 – 400% per year The value of LINK is very much linked to the adoption of the ChainLink network More crypto...
Quick take: UniSwap is now the leading DeFi protocol in terms of Total Value Locked At the time of writing, $1.94 Billion is locked in Uniswap UniSwap’s TVL has eclipsed Aave, Curve Finance, Maker and Yearn...
Quick take: The team at Cream Finance (CREAM) will burn 67.5% of the token supply 6,075,000 CREAM tokens will be destroyed The activity will be done tomorrow Sept. 20th The activity is bound to have a...
Quick summary: Ethereum miners are reaping big from ETH fees due to DeFi Their earnings from transaction fees have surpassed those being earned on the Bitcoin network Additionally, the amount of Bitcoin being wrapped on Ethereum...
Quick take: Poloniex and KuCoin have announced the formation of a strategic partnership The two exchanges aim at jointly improving the crypto industry This will be through joint efforts in R & D, liquidity sharing, PoS...
Quick take: Effective today, Coinbase Pro will start to pass network fees directly to their customers Of particular interest, is the Ethereum network that has seen an upsurge in ETH gas fees due to DeFi The...
Quick take: Data from the team at Santiment shows that the top 100 Chainlink Whales added 18.3 million LINK tokens to their bags in 3 months Additionally, Timothy Peterson has predicted that LINK could be valued...
Cypherium, an enterprise-ready blockchain designed to tackle the problem of interoperability among cryptocurrencies, including central bank digital currencies (CBDCs), joins the growing list of blockchain projects to partially bungle its token sale. What Went Wrong As...
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...
DeFi Pulse, one of the most popular platforms for DeFi token analytics, has just launched its own DeFi index built Set Protocol’s V2 infrastructure. The First Tokenized DeFi Index As per the announcement, the new index...
Quick take: Binance CEO has invited Ethereum DeFi projects to the Binance Smart Chain Migrating to BSC would lessen the load on Ethereum and consequently reduce ETH fees Several DeFi projects are already running on the...