The price of BALD sharply tumbled from 9 cents to 1 cent on Monday after developers withdrew 6,800 ETH from the liquidity pool on LeetSwap. On-chain data showed that developers began adding Ether back to the...
The U.S. Securities and Exchange Commission has voted to alter a proposal from last year that targets the crypto industry's DeFi space.
Uniswap, the automatic market-making and decentralized trading platform on Ethereum has now reclaimed its position as the most popular DeFi Dapp following a dramatic market sell-off. Uniswap Reclaims the Top Spot Uniswap had previously lost its...
Summary: The Kyber Network team has admitted that Three Arrows Capital’s potential insolvency might impact its treasury. A small portion of Kyber Network’s treasury is with Three Arrows Capital but is not significant enough to affect...
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...
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...
Summary: The Harmony Protocol team has proposed a reimbursement plan that involves hard-forking the chain. The plan involves two options: minting 4.97 billion ONE for full reimbursement or 2.48 billion ONE for 50% reimbursement. The minted...
In summary: Justin Sun has hinted of launching a wrapped version of Bitcoin on the Tron network Such a move would bring Bitcoin’s value to Tron’s DeFi ecosystem Furthermore, it would capitalize on the efficiency of...
Quick take: ChainLink’s current value around $10 is a 50% drop from its August all-time high around $20 At one point, the retracement from the all-time high was 64% LINK could lose the $10 psychological price...
Summary: Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network bridge is also expected to reopen on the same day. The parent company and developer of...
In brief: Zeus Capital has launched a rewards program seeking information on ChainLink’s ‘manipulative and illicit practices’ The reward has been capped at $100k for sufficient information Zeus Capital is preparing a class action suit against...
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...