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: 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: 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: 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...
Quick take: ETH2.0 could finally launch as early as November this year This is according to a developer update published on September 11th Launch in November could explain why Ethereum whales are accumulating ETH The price...
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: Arthur Hayes has once again reiterated that 1 YFI will soon be equal to $100k Yearn Finance (YFI) has received a boost from Coinbase announcing it was listing the token Trading of YFI on...
Quick take: Binance CEO has invited Ethereum DeFi projects to the Binance Smart Chain Migrating to BSC would lessen the load on Ethereum and consequently reduce ETH fees Several DeFi projects are already running on the...
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 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 take: Effective today, Coinbase Pro will start to pass network fees directly to their customers Of particular interest, is the Ethereum network that has seen an upsurge in ETH gas fees due to DeFi The...
Quick summary: Ethereum miners are reaping big from ETH fees due to DeFi Their earnings from transaction fees have surpassed those being earned on the Bitcoin network Additionally, the amount of Bitcoin being wrapped on Ethereum...