Ethereum Sheds Market Share At Rapid Pace Despite a resurgence in users and adoption, Ethereum (ETH) has dramatically underperformed Bitcoin in the early stages of the next bull cycle. This comes in spite of the cries...
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...
Quick take: Over 460,000 Ethereum options expire this Friday, September 25th 90% of these options are held at Deribit Such a high number of ETH options expiring, coupled with a bearish crypto market, could result in...
The 24-hour transaction count on PancakeSwap (CAKE) has hit 1.733 million This amount has exceeded Ethereum’s at 1.427 million in the same time period Total value locked on PancakeSwap continues to hover around $10 Billion CAKE...
Quick take: Pantera Capital CEO has stated that the firm is bullish on Ethereum (ETH) and Polkadot (DOT) This is due to the amount of DeFi projects built on both networks Pantera Capital has increased its...
Quick take: The percentage of Ethereum being held on crypto exchange is at 13.35% of the total supply in circulation This value is the lowest since November 23rd, 2018 DeFi and preparation for ETH2.0 staking could...
Summary: Polygon (MATIC) has launched an uncapped fund to assist Terra projects willing to migrate to its chain. Financing of the fund will come from $450 million already raised by Polygon, its treasury, and a $100...
OKEx has integrated Polygon (MATIC) The integration opens the doors to faster and cheaper transfers of ETH and ERC20 tokens to the Polygon network 23 digital assets will benefit from the new efficiency brought about by...
The Polygon (MATIC) development team has opened discussions for the implementation of EIP-1559 on its network MATIC has a fixed supply therefore implementation of EIP-1559 would mean restructuring payouts The development team proposes the implementation of...
Summary: Polygon has unveiled zkEVM, a layer 2 scaling solution that users zero-knowledge proofs to scale and reduce transaction costs on Ethereum. Polygon’s co-founder, Mihailo Bjelic, has described zkEVM as the ‘holy grail of Web3 infrastructure.’...
DeFi users have stuck with Polygon despite lower gas fees on Ethereum DeFi on polygon continues to experience record growth due to its affordability Total DeFi users on MATIC have exceeded 420k On June 15th, the...
Quick take: Polygon Studios has welcomed new hires from the web2 companies of Amazon, Google, Youtube, Electronic Arts, Penske Media and Mythical Games The move is part of plans by Polygon Studios to strengthen its gaming...