Cryptocurrency Analysis and News Portal
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92%
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After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the
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Tron founder Justin Sun tweeted Monday that the funding rate on the Binance exchange for betting against, or "shorting," the Tron blockchain's native TRX token stood at negative 500%, a whopping rate that suggests many investors are clamoring to get into that trade. According to Sun, TronDAO “will deploy $2
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JustLend, the biggest of the three, has $1.9 billion of deposits, but only $67 million borrowed, meaning that only 3.5% of the funds are actually used. JustStables, a DeFi system that already issues a dollar-pegged stablecoin (USDJ) on Tron, has $1.3 billion in deposits, but only $288 million in stablecoins
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There are dozens of decentralized stablecoins now on the market, which is largely dominated by centralized alternatives like Tether and USDC. Additionally, generating interest and usage is an uphill battle if lending protocols, and other DeFi platforms don’t accept deposits. Original Source
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After its highly anticipated marketplace launch, Bored Ape Yacht Club Tron and APENFT Foundation joined forces through a strategic partnership meant to incentivize further the development of promising NFT works on the Tron ecosystem. This collaboration arrives as BAYCTron kicks off its Mutant Apes minting campaign. A series of 15,000 primate-inspired
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Compared with the traditional financial system, the cryptocurrency industry is evolving fast. Technologists are experimenting with the vast-reaching potential of blockchain. And regulation is typically immature, inconsistent and unevenly applied across international borders, allowing entrepreneurs to move fast and break things, as it were. But there’s also no shortage of competition. The
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Tron’s native token TRX was among the top gainers on Tuesday as its price jumped by up to
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Justin Sun and Warren Buffett discussed cryptocurrencies over dinner, six months after Sun canceled the original event claiming he had kidney stones.The TRON Foundation announced Thursday that Sun met the chairman and CEO of Berkshire Hathaway for dinner, at Buffett's suggestion, at a private country club in his home city
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Justin Sun, the founder of Tron (TRX) cryptocurrency and the CEO of the BitTorrent platform has announced a new acquisition for the platform. On Sunday, December 29, Sun announced that he has a special announcement on January 1, 2020, for the BitTorrent family.New acquisition for $BTT and @BitTorrent in three
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