Ethereum Watch

In spite of the COVID-19 pandemic, the 2021 NFT boom was the talk of town during the summer. However, has winter turned its bang into a whimper? A quick look at some numbers suggests this might not be the case. Advertisements Turn up the volume to HIGH According to Dune Analytics, OpenSea’s monthly volume reached […]

Key Takeaways Algorand and NEAR are soaring while Bitcoin and Ethereum lag. A liquidity mining program on Algorand’s Algofi is bringing in new users. The strong price action on these networks appears to be fueled by increased DeFi activity. Share this article URL Copied Advertisements The alternative Layer 1 networks Algorand and NEAR have surged […]

Share this article URL Copied Advertisements Sequoia China led the round, while Dragonfly Capital, Hash Global, Youbi, and others also participated.  DeBank Closes $25M Equity Round  DeBank just raised $25 million at a $200 million valuation.  The DeFi portfolio tracker announced the update in a Tuesday tweet, revealing that Sequoia China had led the raise. […]

Imagine a world that instead of being controlled by closed-door board room meetings and backroom lobbying, is operated by distributed governance on open-source networks. This vision is what blockchain-based decentralized autonomous organizations (DAO) are hoping to fulfill by creating platforms that replace traditional hierarchies and are governed by token holders. Advertisements In essence, DAOs are […]

Key Takeaways Sushi has risen 17% amid rumors of an internal restructure. Daniele Sestagalli, a DeFi developer known for spearheading the “DeFi 2.0” wave, is rumored to be joining the project. Sushi has faced internal issues for several months. The SUSHI token has also trended down throughout the year. Share this article URL Copied Advertisements […]

Key Takeaways Bridge Mutual is an innovative risk coverage platform that lets users buy and underwrite insurance for crypto assets and protocols. Using Bridge Mutual’s Leveraged Portfolios feature, users can underwrite insurance for multiple coverage pools simultaneously and earn a relatively high, stable yield on USDT deposits. Unlike other similar protocols, Bridge Mutual has no […]

Key Takeaways DeFi blue chips are leading the market. Sushi, Uniswap, Aave, and Compound have all posted double-digit gains today. DeFi has had a difficult few months after an extended period of consolidation. Share this article URL Copied Advertisements Sushi, Aave, Uniswap, and Compound have posted substantial gains today.  DeFi Tokens Rise DeFi blue chips […]

Key Takeaways The DeFi protocol Visor Finance has been hacked, resulting in over $8 million worth of losses. A hacker is thought to have exploited a reentrancy bug that allowed them to withdraw funds from a pool. The team has announced a token migration after VISR crashed 95%. Share this article URL Copied Advertisements The […]

Key Takeaways An unknown hacker has stolen $30 million from the Fantom-based DeFi project Grim Finance. The hacker exploited a reentrancy bug in the project’s smart contracts. Following the attack, Grim Finance’s total value locked has tumbled from $98.9 million to $4.2 million, while its native token GRIM is down 70%. Share this article URL […]

NFTs often become punchlines, with countless “right-click and save” memes being born as a result of the same. On the flip side, however, traditional artists are speaking out about the pain of seeing their work stolen and minted as NFTs without their permission. Advertisements Thou “Art” a thief On 18 December, Liam Sharp, a British […]