Ethereum Watch

Key Takeaways The fifth protocol upgrade for Tezos, Edo, has gone live adding multiple new features to the project. The update introduces support for the privacy feature used by Zcash as well as development options for DeFi applications. The platforms’ native token recently broke above an all-time high of $4.50. The DeFi news category was […]

Key Takeaways DeFi is exposed to risks such as coding errors, operational security, and the interdependence of different projects. If DeFi can overcome these risks it could lead to a “paradigm shift” throughout the financial sector. The cautious endorsement of DeFi by a U.S. central bank could be a major step forward in the acceptance […]

Advertisements Summary: SushiSwap (SUSHI) is now supported on BitGo’s custodial and non-custodial wallets The team at BitGo cited the SushiSwap team’s consistency and resilience as one reason to add support for SUSHI Furthermore, SushiSwap’s collaboration with Yearn Finance is an indicator of growth in the DeFi industry SushiSwap (SUSHI) is now supported on BitGo’s custodial […]

Advertisements Quick take: The total value locked in DeFi protocols has just hit a new all-time high of $34.2 Billion This is partly due to Bitcoin, Ethereum and several Defi tokens such as Uniswap, gaining value this week According to the team at Weiss Ratings, the potential for growth in DeFi is enormous The DeFi […]

Key Takeaways Opyn has raised $6.7 million in a funding round led by Paradigm. Kain Warwick and Stani Kulechov also backed the DeFi project. The options protocol received $2.16 million in a seed round led by Dragonfly Capital last year. The team is working on reducing margin requirements, expanding options, and developing an AMM. The […]

Key Takeaways Synthetix is preparing for its Bellatrix release. Synthetic tokens for Aave, Uniswap, Yearn.Finance, Polkadot, REN and Compound will be available in the protocol from Thursday. Bellatrix will include two further updates, pending community approval. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article DeFi’s […]

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Advertisements Quick take: Ethereum has been consolidating around the $1,350 support zone for close to a week This area will be crucial during tonight’s weekly and monthly close Ethereum has a big month ahead with Grayscale opening its ETH fund to subscriptions The CME Group also launches its ETH futures on the 8th of February […]

Advertisements Quick take: Uniswap (UNI) has just been added to the Bitwise 10 Large Cap Crypto Index The protocol now owns the @Uniswap and @UniswapProtocol handles on Twitter Uniswap has been live for over 818 days with zero downtime and $75 Billion in trading volume UNI has just set a new all-time high of $16.40 […]

Advertisements Summary: ETH and Stablecoins running on Ethereum settled over $1.6 Trillion in 2020 The three major stablecoins driving transaction volume on Ethereum are Tether (USDT), USDC and DAI Stablecoins are a bridge between traditional finance and crypto markets ETH, together with stablecoins running on the Ethereum network settled over $1.6 Trillion in transactions last […]