Quick take: The number of Uniswap whales holding 100k or more UNI now stands at 237 This is a 16% increment in 3 weeks Uniswap (UNI) has just set a new all-time high of $13.17 –...
Summary: Some community members of the decentralized crypto exchange backed the early mover proposal to deploy GMX on Coinbase’s L2 blockchain. Concerns were raised over possibly doxxing the protocol’s pseudonymous founders as Base could require KYC...
In summary: The team at ChainLink has launched a virtual hackathon. It will happen between September 7th and the 27th this year. Developers are invited to build smart contract applications in DeFi, NFT, Gaming and more...
Quick take: Chainlink has just set a new all-time high of $24.64 – Binance rate The bullish momentum is a result of Grayscale adding a LINK trust to its investment products Basic Attention (BAT), Tezos, MANA...
Summary: Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest industry, topping lending markets in terms...
Summary: A proposal on Aave DAO to move $3 million in ETH from the treasury into wrapped staked ETH and rocket pool ETH is active in the project’s governance forum. The proposal with 252,152 votes in...
DeFi juggernaut Curve Finance released its crvUSD stablecoin on Ethereum's mainnet. Developers said a UI for the U.S. dollar-pegged stablecoin which employs a similar design to MakerDAO's DAI.
A community vote to reduce CAKE's token emissions and slash staking rewards has received backing from 70% of voters in PancakeSwap's DAO.
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...
Quick take: The DeFi boom has led to high ETH fees on the Ethereum network. The team at CoinMetrics has concluded retail users are being locked out of DeFi by these high ETH fees. Whales are...
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: 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...