Quick take: The amount of Ethereum locked in DeFi continues to rise. Approximately 3.5 million ETH is locked in DeFi. Majority of the Ethereum is locked up in the DeFi apps of Maker and Compound Finance. ...
Key takeaways: Snoop Dogg and Justin Sun have stated that they are working on Web6. Jack Dorsey had earlier announced that TBD was working on Web5 on the Bitcoin Network. The founder and former CEO of...
The BALD deployer still holds 2,237 Ether worth $4.13 million on Base, Coinbase’s flagship layer 2 blockchain. There’s also $3.7 million in ETH bridging back to Ethereum after the initial 7,000 Ether sent by the deployer....
Quick summary: Over 15% of the Ethereum supply is locked in smart contracts This comes at a time when the total value locked in DeFi is about to hit a new milestone of $10 Billion In...
Summary: Sandbox has announced a partnership with the skateboarding legend Tony Hawk to build the biggest skatepark in the Metaverse. Autograph NFTs will provide additional access to Tony Hawk’s LANDs on Sandbox. Sandbox has bagged significant...
Quick take: Popular DeFi tokens such as YFI, COMP, SUSHI and CRV are down by over 60% since their all-time high values DeFi tokens continue to correct due to the current crypto market environment The overall...
Quick take: Zeus Capital believes that the SEC will go after Chainlink and its founder next Zeus Capital also questions Chainlink’s numerous partnerships and suggests that the project is a direct beneficiary of the Flash loan...
Curve Finance confirmed exploits on four pools including CRV/eth, alETH/eth, msETH/ETH, and pETH/ETH following the weekend’s multi-million dollar hack. The DeFi exchange warned of a potential attack on Arbitrum’s tricrypto pool although developers could not identify...
Quick take: Development on the Ethereum network has reached a 7-month high This could be related to the continual DApp building in the DeFi industry Ethereum’s price in the crypto markets is once again flirting with...
Quick take: The first week of September saw the total value locked in DeFi fall by 22% This was due to decreasing ETH and BTC prices in the first week of September The SushiSwap saga might...
Quick summary: Ethereum 2.0 validators are currently earning 0.002792 ETH per day This is approximately $1.71 using an ETH value of $613 This translates to approximately 3.2% annual interest when compounded Ethereum has continued to trade...
Quick take: Zilliqa (ZIL) has launched its first decentralized exchange, ZilSwap ZilSwap was built by the team at Switcheo There is a plan to transition control of ZilSwap to a DAO, complete with a governance token...