Discover the Latest DeFi Crypto News

Luna Foundation Guard Greenlights another $4M Luna Burn To Mint UST

Naga Avan-Nomayo·March 15, 2022

Luna Foundation Guard Greenlights another $4M Luna Burn To Mint UST 13

Singapore-based Luna Foundation Guard continues to pursue its mandate to aid in growing the Terra blockchain ecosystem. The non-profit organization has now voted in favor of another massive LUNA token burn from its treasury. The Luna...

Terra (LUNA) Gains 23.5% in 24hrs Thanks to DeFi and Staking

John P. Njui·March 9, 2022

Terra (LUNA) Gains 23.5% in 24hrs Thanks to DeFi and Staking 14

Quick take: Terra (LUNA) opened the day at $80.5 and went on to hit a local peak of $99.55 The rise in value is attributed to the staking of LUNA that has surpassed that of Ethereum...

AVAX Could Retest $100 Ahead of the Avalanche Summit in Spain

John P. Njui·February 22, 2022

The Avalanche Summit is scheduled for March 22nd to 27th This is the project’s inaugural summit and will be held in Barcelona, Spain Speakers include several founders and CEOs of crypto projects AVAX could rally to...

Shiba Inu (SHIB) Subreddit of r/ShibArmy Exceeds 200k Subscribers

John P. Njui·July 21, 2021

Shiba Inu (SHIB) Subreddit of r/ShibArmy Exceeds 200k Subscribers 18

The Shiba Inu subreddit community of r/Shibarmy has exceeded 200k subscribers r/Shibarmy now has over 201,521 members ShibaSwap is now listed on DappRadar’s DeFi rankings coming in at number 11 with $1.49 billion in total value...

Uniswap (UNI) to Be Allocated 49.95% of Grayscale’s New DeFi Fund

John P. Njui·July 20, 2021

Uniswap (UNI) to Be Allocated 49.95% of Grayscale's New DeFi Fund 22

Grayscale Investments is has launched a new DeFi fund The DeFi fund will provide investors with weighted exposure to the top 10 DeFi tokens according to market cap They include Uniswap (UNI), Aave (AAVE), Compound (COMP),...

ShibaSwap’s Total Value Locked hits $2.2B, Ranks 9th on All Chains

John P. Njui·July 13, 2021

ShibaSwap's Total Value Locked hits $2.2B, Ranks 9th on All Chains 23

ShibaSwap is currently ranked 9th on all blockchains in terms of total value locked at $2.2 Billion ShibaSwap has eclipsed known protocols such as Venus and Synthetix ShibaSwap is also ranked 10th in 24-hour users at...

Internet Computer (ICP) Community Now Controls 60% of its Voting Power

John P. Njui·June 12, 2021

Internet Computer (ICP) is in the hands of the community which controls 60% of the network’s voting power The DFINITY Foundation and the Internet Computer Association will never hold more than 50% of the network’s voting...

OKCoin Integrates Polygon (MATIC), Reducing ETH Fees for DeFi Users

John P. Njui·June 9, 2021

OKCoin Integrates Polygon (MATIC), Reducing ETH Fees for DeFi Users 28

OKCoin becomes the first US-regulated exchange to integrate Polygon (MATIC) The integration will drastically reduce Ethereum fees for DeFi users Users can now directly withdraw their finds from OKCoin into Polygon (MATIC) The transaction between OKCoin...

Ethereum has a 30% Chance of Flippening Bitcoin – Arthur Hayes

John P. Njui·May 14, 2021

Ethereum has a 30% Chance of Flippening Bitcoin - Arthur Hayes 29

Arthur Hayes gives Ethereum a 30% chance of flippening Bitcoin The number one mission of Ethereum is to power the world’s largest computer EIP1559 will be pivotal in increasing the value of Ethereum by introducing a...

SushiSwap Integrates Chainlink Price Feeds on ETH, BSC to Power Kashi

John P. Njui·April 22, 2021

SushiSwap Integrates Chainlink Price Feeds on ETH, BSC to Power Kashi 30

SushiSwap has integrated Chainlink price feeds on both Ethereum and the Binance Smart Chain The Chainlink price feeds will power SushiSwap’s Kashi lending platform, ensuring accurate asset valuations SushiSwap trading pairs are now available on Tradingview...

Compound (COMP) hits $10B in Total Value Locked, a First for DeFi

John P. Njui·April 11, 2021

Compound (COMP) finance becomes the first DeFi project to exceed $10 Billion in total value locked $51.8 Billion is currently locked on Ethereum based DeFi projects The allure of yield farming has resulted in a drop...

Filecoin (FIL) to Power Video NFTs Through Integration with VideoCoin

John P. Njui·April 10, 2021

In summary: VideoCoin (VID) will be integrating Filecoin (FIL) to power the Video NFT market Filecoin will provide the necessary storage capacity for Video NFTs Video-based NFTs are gaining popularity and proof of ownership on Filecoin...

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LUNA and UST Communities Become Targets of Scams Promising Refunds On Their Terra Investments

Circle’s USDC Stablecoin Reserves are 77.1% in US Treasuries and 22.9% in Cash

Aurora Initiates $90m Fund to Boost DeFi Development on the Near Protocol

Bitcoin Addresses Holding 1 or More BTC Hits a New All-time High of 841,224

El Salvador Set To Host 44 Nations To Discuss Bitcoin And Its Future Prospects

Goldman Sachs, Barclays Bank invest in London Based Bitcoin and Crypto Trading Platform of Elwood Technologies

Aurora Initiates $90m Fund to Boost DeFi Development on the Near Protocol

KuCoin Raises $150M in Pre-Series B Funding at a $10B Valuation

Compound Finance’s Treasury Receives a B- credit rating from S&P Global Ratings

Sorare All Set To Partner With Major League Baseball To Launch An NFT Based Fantasy Game

Meta CEO Mark Zuckerberg Confirms NFTs Are Coming To Instagram and Facebook

NFT Market Cools As Weekly Sales Subside By 30%

VeChain (VET) Offers Terra Developers Grants of Up to $30k to Migrate to its Blockchain