Cryptocurrency Analysis and News Portal
A dollar invested in KNC crypto token at the beginning of 2020 is now worth $6. The supersonic price rally appeared amid an escalating craze around decentralized finance projects. KNC, a DeFi crypto itself, powers Kyber, one of the most active decentralized exchanges by volume. Meanwhile, the token is also at the
Read More
Decentralized finance (DeFi) will be part of the lives of many people in the future, according to Jay Hao, the CEO of crypto exchange OKEx.When answering Cryptox’s recent inquiry concerning the listing of Compound (COMP) DeFi protocol’s token on OKEx, Hao predicted that the importance of decentralized finance will grow
Read More
A new decentralized finance platform is set to ride the yield farming wave by automating the process of finding the most efficient opportunities for its users.The platform, Rari Capital, automatically moves user funds to the highest yield platform. At launch, Rari plays only with the yield differences between Compound and
Read More
The latest Dapp Digest highlights an undeniable truth: the world of decentralized applications is growing fast. And it’s only set to intensify with the forthcoming launch of TRON 4.0, which will introduce cross-chain interoperability and customized blockchain-based apps for enterprise. dApps Break the $10B Volume Barrier dApps are becoming easier to build
Read More
The total market cap for all ERC20 tokens running on Ethereum has topped $33 billion. The ETH market cap is around $26.8 billion.Ethereum market cap has been surpassed by the combined value of the decentralized apps (dApps) tokens built on the network. The Ethereum-based tokens used in decentralized finance (DeFi)
Read More
Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary on July 30.In a statement shared with Cryptox, Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex and Tether, said the Ethereum blockchain will “play a central
Read More
Place/Date: - July 13th, 2020 at 10:01 pm UTC · 5 min read Contact: Bitcoin Events, Source: DeFi Conference 2020 The DeFi Conference 2020 hosted by Bitcoin Events, is a feature-packed free event for anyone to attend and learn about the opportunities that decentralized finance offers to individuals
Read More
Crypto staking on the Matic mainnet went live just over two weeks ago. On launch, Matic co-founder and CEO, Sandeep Nailwa took to Twitter to boast of the incredible 150% annual yield available for early adopters.In few hours @maticnetwork community has staked around 6.68% of circulating supply of Matic. The
Read More
According to data from blockchain analytics website Messari, the number of unique Ethereum wallet addresses has grown nearly twice the rate of Bitcoin’s since the beginning of 2020. Reasons Behind the Growing ETH Addresses The growth in the number of active Ethereum addresses has eclipsed that of Bitcoin throughout 2020. Per data
Read More
One of the hottest crypto trends over recent months has been Ethereum DeFi. Also known as decentralized finance, DeFi is the industry of building decentralized applications for financial services.As can be seen below, coins related to this sector have gone parabolic, outpacing Ethereum. Take the example of Aave’s LEND token,
Read More