Cryptocurrency Analysis and News Portal
The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The Ethereum network is set to take another step toward Ethereum 2.0 on Oct. 27 at epoch 74240 with the Altair
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The past few months have seen an explosive uptake of nonfungible tokens (NFT) as crypto artists, gaming enthusiasts, musicians, celebrities and now fast food chains deploy the technology in various ways.Fast food giants such as McDonald’s, Burger King and Taco Bell are taking to NFTs because of their capacity to
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While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from
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As decentralized finance (DeFi) garners more traction in the blockchain industry, more projects also get launched into the market. By the end of 2020, the DeFi market size stood at approximately $16 billion. However, within the Q3 2021, the market size has grown to an estimated $154 billion in total
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A major consensus bug has affected more than half the Ethereum network’s nodes, causing those running older versions of Geth to split from the main network.According to Ethereum software developer Marius van der Wijden, an unknown individual or group exploited a vulnerability affecting earlier versions of Geth, one of Ethereum's
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In what may be the largest attack in decentralized finance, unknown hackers used an exploit on cross-chain protocol Poly Network to remove at least $610 million from three chains.According to a Tuesday update on Twitter, Poly Network said the attacks had removed assets from Binance Chain, Ethereum, and the Polygon
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Rewards Token, a yield farming, and liquidity mining protocol has launched on the top Binance Smart Chain (BSC) decentralized exchange PancakeSwap. The project is a platform where users HODL to earn passive income in USDT and REWARDS—its native token. The DeFi Tide In the wake of DeFi, projects across the board are
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Software engineers and developers are slowly switching their attention from layer-one blockchains once dubbed ‘Ethereum killers’ to the ever-increasing number of new decentralized finance protocols.A February Blockchain Development Trends report by venture capital firm Outlier Ventures suggests that developers are switching their focus away from Ethereum rivals.The findings confirm that
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Within a week of going online, DeFi project SushiSwap’s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch. This article was originally published by CryptoX China on Tuesday. SushiSwap co-founder 0xMaki (later
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Liquidity mining is coming to proof-of-stake (PoS) blockchains. Anchor, the new decentralized finance (DeFi) platform from Terra, Cosmos, Web3 Foundation and Solana, is being designed to launch with a governance-token reward. Version 1 is going live in October, according to a Terra co-founder. Anchor is a two-pronged platform for PoS token holders.
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