Ethereum Watch

Key Takeaways Taproot is the Bitcoin network’s first update in four years. It comes after the Segwit update divided the community and led to the separation of Bitcoin and Bitcoin Cash. Taproot combines the public keys of all users in a complex transaction in a new unique key. This increases privacy and reduces necessary block […]

Key Takeaways As retail interest in DeFi grows, solutions like indices offer easy passive portfolio management opportunities. The index space is highly competitive, with DeFi Pulse Index taking the large majority of the market capitalization. The project’s upcoming release will turn all underlying tokens in the indices into yield-generating assets. Share this article Crypto, and […]

Key Takeaways Polygon is catching up to its main competitor, Binance Smart Chain, as the leading Ethereum bridge platform. Polygon’s growth took off when the popular crypto lending platform Aave moved to the sidechain network. Other apps like Curve Finance and mStable have also expanded to Polygon and driven adoption of the network. Share this […]

Key Takeaways Cream Finance is a fork of Compound but offers far more assets to lend and borrow against. Though it offers additional features, they are less competitive than the original offerings. The CREAM token also lacks clear utility. Cream has proven that the underlying code is secure thanks to an audit from Trail of […]

Key Takeaways Capital gains tax and income tax apply to DeFi earnings depending on the activities and platforms in question. Liquidity pool tokens are typically subject to capital gains, while native tokens are more commonly subject to ordinary income tax. You can take out a crypto loan to pay taxes without triggering another tax event […]

Key Takeaways Aave has launched a pool on Balancer which offers 300% APY. This pool acts as a safety backup in case of a shortfall event. Aave is now offering 1,100 AAVE per day in total to both stakers and LPs. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner […]

Key Takeaways Ethereum’s new highs pulled the rest of the DeFi space with it, but gas fees may hamper future growth. Bitcoin has traded sideways since hitting all-time highs last month, giving space for an alt season among various DeFi tokens. NFTs are back on the rise with Hashmasks taking center stage. Thankfully, an NFT […]

Key Takeaways The CB10 Index performed better than Bitcoin, yielding 8% compared to BTC’s 5% gains at the end of January.  The Index will now include a greater percentage of altcoins after Crypto Briefing’s analysts decided to include Kraken and Gemini.  The rankings based on market capitalization have gone through an extensive change with DeFi […]

Key Takeaways Tether’s USDT supply reaches $25 billion, accounting for more than 75% of the total stablecoin supply.  USDT reserves on exchanges reached an all-time high, according to crypto analytics firm Crypto Quant.  Tether recorded its second-largest surge in monthly issuance since 2020. The percentage share of USDT in DeFi also nears its all-time high.  […]

Key Takeaways With Aave registering major gains throughout January, the number of new addresses holding the protocol’s native token has hit a new record high. The number of active addresses is also at an all-time high. Aave is up 185% year-to-date, as interest surrounding DeFi continues to grow. Share this article Aave is up 185% […]