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DeFi

cryptocurrency September 14, 2020

Advertisements DeFi Pulse, one of the most popular platforms for DeFi token analytics, has just launched its own DeFi index built Set Protocol’s V2 infrastructure. The First Tokenized DeFi Index As per the announcement, the new index comprises ten of the most popular Ethereum DeFi tokens, allowing newbies and experienced traders to gain exposure to […]

cryptocurrency September 13, 2020

Advertisements Quick take: Binance CEO has invited Ethereum DeFi projects to the Binance Smart Chain Migrating to BSC would lessen the load on Ethereum and consequently reduce ETH fees Several DeFi projects are already running on the Binance Smart Chain Binance Smart Chain has now reached 10% of Ethereum’s capacity The CEO of Binance, Changpeng […]

cryptocurrency September 13, 2020

Advertisements Quick take: Development on the Ethereum network has reached a 7-month high This could be related to the continual DApp building in the DeFi industry Ethereum’s price in the crypto markets is once again flirting with $400 Ethereum’s development activity has reached a 7-month high. This is according to an analysis done by the […]

cryptocurrency September 12, 2020

Advertisements Quick take: ETH2.0 could finally launch as early as November this year This is according to a developer update published on September 11th A launch in November could explain why Ethereum whales are accumulating ETH The price of ETH could very well break $400 and keep moving on up The launch of ETH2.0 has […]

cryptocurrency September 11, 2020

Advertisements Quick take: Chef Nomi of SushiSwap has apologized for selling all his Sushi for ETH worth $14M He further explained his actions were driven by greed Chef Nomi has returned all the ETH back to the SushiSwap treasury He has requested the SushiSwap community to decide what compensation he deserves as the creator of […]

cryptocurrency September 10, 2020

Ethereum has had a remarkable year thanks to the DeFi explosion. Not since the ICO boom has the crypto asset seen this much demand, development, and network activity. And despite the recent plunge in Ethereum price, addresses have only grown, reaching a new all-time high and growing over 25% in 2020 alone. Advertisements Here’s why […]

cryptocurrency September 9, 2020

Advertisements Quick take: Ethereum whales seem unfazed by ETH’s recent drop in the crypto markets They have increased their holdings from 3.16 million to 5.8 million ETH in the past month Early September saw 68 new Ethereum whales joining the network with each holding 1k to 10k in ETH Ethereum whales have continued to accumulate […]

cryptocurrency September 8, 2020

Advertisements Quick take: In the month of August, Transaction volume on the Ethereum network exceeded $24B The high network activity was driven by DeFi and DEXs on the Ethereum Network Ethereum transaction volume exceeded other smart contract platforms such as EOS and Tron The team at DAppRadar has released their August 2020 Dapp ecosystem report. […]

cryptocurrency September 6, 2020

Advertisements Quick take: The total value locked in DeFi has dropped by 22% from its peak of $9.512 Billion The drop coincides with the recent crypto market sell-off that hit DeFi tokens hardest Additionally, the SushiSwap debacle might have accelerated an exodus of investors from DeFi The total value locked in DeFi platforms has taken […]