Cryptocurrency Analysis and News Portal
Amid the ongoing rally in DeFi TVL, we’ve seen positive news and innovation popping up from the ecosystem. As the Aave protocol V3 cloud upgrade draws near, its native token, Aave, has skyrocketed since the beginning of this year, reaching higher highs for the first time in the last few
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The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH) and Bitcoin (BTC) into yield-bearing assets via yield farming and liquidity mining rewards. The price of Ether nearly doubled to $490 as the total liquidity across DeFi protocols quickly surged
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Ethereum, the king altcoin, has been generating a lot of buzz lately. According to CoinGecko, the coin appreciated by 4.5% in the weekly timescale. This is because of the upcoming “Shanghai” upgrade which is expected to improve the overall usability of Ether’s Layer 1 chain. The term “Layer 1” describes the
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Place/Date: - January 6th, 2023 at 7:06 am UTC · 4 min read Source: Snowfall Protocol After Elon Musk has broken his silence in response to a user poll on Twitter asking whether he should resign as CEO of the social networking
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Ethereum's Shanghai upgrade is set to de-risk ether staking by allowing ETH withdrawals. That's likely to pave the way for widespread adoption of liquid staking solutions. Source
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Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The Fusion upgrade aims to deliver cost-efficient, secure and profitable swaps for crypto investors. The Fusion mode in 1inch Swap Engine allows DeFi investors to place orders with a predecided price and
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The Singapore-based company, backed by the crypto investment firms Polychain and Dragonfly, says the new upgrade could meet growing interest among retail traders in decentralized finance, or DeFi. The trend accelerated after the collapse of Sam Bankman-Fried’s FTX exchange and Three Arrows Capital added a “sense of urgency to the
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“BOLT 12 adds a ton of functionality to Lightning invoices. It also adds privacy,” said Jack Sweeney, communications manager at LN Capital, creators of Torq – capital management software for Lightning routing nodes – in an interview with CryptoX. “The real difference between BOLT 12 and something like lnproxy is
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While some social token models aspire to deliver financial gain to their holders, DESK is different. We have no plans to monetize DESK. DESK does not have a limited supply, making it inflationary by design. In fact, buying, listing or selling DESK on decentralized exchanges is against our Terms of
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