Quick take: The founder of Sushi Swap, Chef Nomi, sold all his SUSHI in what many believe was an exit strategy Chef Nomi has been compared to Charlie Lee of Litecoin (LTC) Despite the heavy backlash,...
Quick take: The total value locked in DeFi has dropped by 22% from its peak of $9.512 Billion The drop coincides with the recent crypto market sell-off that hit DeFi tokens hardest Additionally, the SushiSwap debacle...
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...
In summary: Timothy Peterson has valued ChainLink (LINK) at between $5 – $8 His analysis is based on LINK function calls and network use This value should not be considered financial advice and is a measure...
Quick take: In the month of August, Transaction volume on the Ethereum network exceeded $24B The high network activity was driven by DeFi and DEXs on the Ethereum Network Ethereum transaction volume exceeded other smart contract...
Quick take: Over $250 million in Binance Coin has been staked to farm Bella Protocol (BEL) tokens Binance launched its newest launchpool feature to offer a secure way of yield farming The aim of launchpool is...
Quick take: Ethereum whales seem unfazed by ETH’s recent drop in the crypto markets They have increased their holdings from 3.16 million to 5.8 million ETH in the past month Early September saw 68 new Ethereum...
Quick take: Flamingo Finance (FLM) is a DeFi project being built on Neo (NEO) It will be launched on September 23rd Flamingo Finance will be an interoperable full-stack DeFi protocol PeckShield is currently carrying out a...
Quick take: In addition to Zeus Capital, some crypto analysts believe that the ChainLink bubble has burst Most cite that 70% of LINK’s supply is held by 9 whales ChainLink’s value in the crypto markets continues...
Quick take: Binance is offering staking of BNB and BUSD at 60% and 50% APR respectively The popular exchange has decided to embrace DeFi wholeheartedly Continual focus on DeFi is having a positive impact on the...
Quick take: Chef Nomi of SushiSwap has apologized for selling all his Sushi for ETH worth $14M He further explained his actions were driven by greed Chef Nomi has returned all the ETH back to the...
Despite a weak start to the month, many cryptocurrency markets are now beginning to show strong signs of recovery. As has been a recurring theme in recent months, cryptocurrencies in the DeFi niche are bouncing back...