Ethereum Watch

Key Takeaways BarnBridge brings traditional risk-management tools and fixed income to DeFi. The protocol’s offering may appeal to institutional players looking to enter crypto. The platform is still in its early stages of launching. the product is planned for partial launch in Q1, 2021. Share this article The potential impact of crypto on traditional finance […]

Key Takeaways This is the first time that the SNX stakers have been liquidated. SCCP-25 reduced the liquidation delay from two weeks to three days. Share this article The recent crash in the DeFi space has liquidated several SNX stakers. Since then, however, the sector has rebounded, suggesting the bottom is in. Advertisements Synthetix Liquidates […]

Key Takeaways B.Protocol attempts to solve the inefficiency of DeFi liquidations, which hamper the sector’s growth. The project offers extra yield for users and makes liquidations more predictable for liquidators. The protocol seamlessly connects to platforms like Maker, Compound, and Aave without requiring any actions from their side. $1.5 million ETH was deposited on Maker […]

Key Takeaways In a survey led by BCG and Crypto.com, a vast majority of financial institutions are exploring DeFi. Many of these firms command multi-billion dollar balance sheets and could shift the needle upon entering the space. Security concerns and regulatory uncertainty are the two largest barriers. Share this article Leading tokens from this summer’s […]

Key Takeaways Hackers obtained USDT and USDC stablecoins worth $24 million from Harvest Finance’s stablecoin and BTC pools. Harvest’s governance token FARM plummeted 60% following the revelation of the hack. $400 million in total liquidity have been drained out of Harvest Finance as liquidity providers (LPs) flee the platform. Share this article A $24 million […]

Key Takeaways The total value locked in DeFi reached a new high of $12.5 billion on Oct. 24. While lending platforms like Compound, Aave, and Maker still occupy the top five positions, other smaller protocols are gaining ground. DeFi token prices are consolidating after a drastic fall since September, but this could be bullish as […]

Key Takeaways Injective Protocol is building an environment for builders to erect powerful DEXes capable of derivatives products. The protocol leverages the Cosmos SDK and 0x order book design. Ethreum traders seeking a decentralized alternative to leaders like Uniswap, plus more complex trading products, may find Injective’s value proposition enticing. Share this article Injective Protocol […]

Key Takeaways Ethereum and Binance’s BNB both outpaced Bitcoin for returns in the past quarter. BTC’s market dominance has faltered despite strategic investments from MicroStrategy and Square Inc. The meteoric rise of the DeFi niche has been a bounty to decentralized exchanges, as some now compete with centralized platforms for volume. Share this article Dubbed […]

Key Takeaways Revenue for Bitcoin miners fell by 30% after the block reward halving in May 2020. Ethereum miners saw revenues triple since March as DeFi pushed transaction fees to new highs. By year end Crypto Briefing projects total annual mining revenues of $4.6 billion for Bitcoin and $2.2 billion for Ethereum. Share this article […]

Key Takeaways Polkastarter is a decentralized exchange akin to Uniswap, but built on Polkadot. The team hopes to capitalize on Uniswap’s popularity and improve on the Initial DEX Offering model. The Ethereum-based beta version is expected to launch this winter, followed by a full launch on Polkadot next year. Share this article Polkastarter is a […]