Quick take: The team at Waves (WAVES) has announced a DeFi revival plan meant to make its users whole and restore the full functioning of protocols in its ecosystem. The plan aims to fix USDN’s depeg...
Aave pauses ETH loans ahead of the merge.
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...
In summary: The team at Binance has announced a partnership with the Band (BAND) Protocol. Binance Smart Chain has integrated BandChain’s decentralized Oracle Network. The oracle network connects real-world data and APIs to smart contracts. This...
Quick take: Grayscale currently manages a total of $6.3 Billion in digital assets Its Ethereum trust is worth $869.7 Million This figure is approximately 2% of Ethereum’s market cap indicating Grayscale holds a similar percentage of...
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: The average number of daily active Ethereum addresses has risen from 338,375 to 389,947 in the past 12 days During this time period, Ethereum’s network has grown by 13.2% The increased network activity is...
Lido Finance recently saw its largest ever daily stake inflow thanks to Justin Sun who has staked over 200,000 ETH on the DeFi staking platform.
Coinbase CEO Brian Armstrong is urging DeFi builders to focus on 10 high potential ideas, including on-chain advertising, on-chain games, and Layer 2 privacy.
Chiliz, a platform that enables sports clubs to launch and sell their own digital Fan Tokens, has just completed a sell-out token sale for Turkish Football Club Trabzonspor. The token sale, announced earlier in September, was...
Quick take: Tron investors have locked approximately 6.5 Billion TRON in Sun Genesis Mining This translates to approximately $210 Million The value of TRX has gained positively since Sun Mining was launched The popularity of the...
Quick take: The team at Weiss Ratings believes that every crypto project wants to connect to Ethereum Their conclusion is based on the Flare Network building a new two-way bridge connecting XRP and ETH Ethereum has...