Advertisement

Latest

Loading...
ETH Crossed $500 in a Most Quiet Rally
DeFi

ETH Crossed $500 in a Most Quiet Rally

We are in the middle of a crypto bull market but you wouldn’t know it from social media trends, news headlines and anchors, and just all-around hype. If it feels a lot quieter this time around, it’s because it is. The gap between BTC and ETH prices and mainstream interest, measured by Google search, is…
Loading...
Aave Governance Picks Up Steam With Two New Proposals
DeFi

Aave Governance Picks Up Steam With Two New Proposals

Aave yesterday posted two new governance proposals for its lending protocol,  the fourth largest in DeFi with more than $1.3B in deposits, one of which may lead to an increased pool of assets to be managed by token holders. The first – AIP2 – proposes to take protocol fees collected from Aave V1 to seed…
Loading...
Three Whales Are Responsible for 25% of ETH Staked for Eth2
DeFi

Three Whales Are Responsible for 25% of ETH Staked for Eth2

There is now 20% of the required staked ETH needed for the network to launch its proof-of-stake-chain, the first step in its transition to Ethereum 2.0, and a big chunk of it is coming from long-time ETH whales. There is 105k ETH in the ETH2 deposit contract out of the required 524K, just two weeks…
Loading...
Flash Loan Hackers Drain $16M+ From DeFi Protocols in One Week
DeFi

Flash Loan Hackers Drain $16M+ From DeFi Protocols in One Week

Hackers were able to drain $16.4 million in ETH and Dai from DeFi projects Akropolis, Value DeFi Protocol, and Origin Protocol using flash loans, just in the past week. Value DeFi Attack An attacker on Value DeFi swapped flash-loaned ETH for DAI and USDT, deposited part of the flash-loaned DAI into Value DeFi’s multi-stablecoin vault. They…
Loading...
Uniswap Liquidity Plunges After UNI Rewards End
DeFi

Uniswap Liquidity Plunges After UNI Rewards End

Uniswap’s total liquidity has almost halved after the decentralized exchange ended its token rewards program on Monday afternoon. Down to $1.8B from a peak of $3.3B just 24 hours earlier, the drop in liquidity goes to show how powerful UNI rewards were for attracting capital, good for the #1 spot on DeFi Pulse’s TVL leaderboard…
Loading...
The Nifty Ways That NFTs Become DeFi
DeFi

The Nifty Ways That NFTs Become DeFi

Blockchain technology goes far beyond the digital currency use case. Over the past six months, headlines have been dominated by cryptocurrencies and related projects as they spiked in value. But these assets were fungible meaning that one ETH token is identical to another ETH token. In the shadow of the DeFi canopy blossomed NFTs, and…
Loading...
Social Tokens: Plague or Paradigm Shift? The Answer Might Surprise You.
DeFi

Social Tokens: Plague or Paradigm Shift? The Answer Might Surprise You.

Social Tokens… very few token types elicit such a strong reaction amongst the cryptoscenti. From $HUE to $COIN to $JAMM a new wave of experimentalists are carving out unique ideas to explore what’s possible under tokenised models. Most will fail, some (many?) are scams. But given the immense power of ‘influencers’ in the non-crypto world…
Loading...
DeFi Storms Shanghai Blockchain Week
Research & Opinion

DeFi Storms Shanghai Blockchain Week

The week-long Shanghai International Blockchain Week attracted top projects and investors to Shanghai to seek crypto money and fame in its 6th year.  The two main events in the week were the Blockchain Summit organized Wanxiang, one of the earliest backers of Ethereum,  and the Web3 Forum organized by the Web3 foundation. Ethereum founder Vitalik…
Loading...
Hegic Interest Soars on Yearn Partnership
DeFi

Hegic Interest Soars on Yearn Partnership

Hegic is back with a bang. Demand for the protocol, which temporarily suspended activity after a bug earlier this year, is soaring as its partnership with Yearn Finance’s rockstar founder compounds with increasing demand for trading protection. The HEGIC governance token has more than doubled over the past 30 days, after founder Molly Wintermut and…
Loading...
DeFi  Blue Wave is Sweeping Over Losses
DeFi

DeFi Blue Wave is Sweeping Over Losses

There’s a blue wave and we’re not talking about US politics; it’s the latest meme making the rounds in DeFi as tokens with blue logos are rallying ahead of the rest this month: That’s AAVE, YFI and SNX up at least 50% just in the past 10 days. Image Source: CoinGecko Top Gainers DeFi tokens…