Founded in 2018, Uniswap is a protocol for trading and automated liquidity provision on the Ethereum Blockchain. With a trading volume of $995,227,592 recorded in the last 24 hours, Uniswap ranked first among the top decentralized exchanges on CoinGecko by trading volume. For context, a total of $2,898,371,175 was recorded across all decentralized exchanges inContinue reading “Is Uniswap’s ‘F for effort’ failing to lure UNI-que shark investors”

With the claims of building the world’s first unbiased currency and leading decentralized stablecoin, DAI, MakerDAO is a decentralized organization built on the Ethereum blockchain providing liquidity to its users. Recent data from DefiLlama showed that, with a total of $9.91b, MakerDAO is now the first in the ranking of decentralized applications in terms ofContinue reading “MakerDAO [MKR]: This report card should be considered before exiting”

As a Web3 platform, when the chips are down and the odds are stacked up against you, why not create your own decentralized social media platform or create a platform where the same can be built? Before you discard this million-dollar idea you should know that Aave did this and its native token has sinceContinue reading “Unraveling AAVE’s reaction to the launch of the Lens Protocol”

Web3 technology is a technology that keeps giving. We started with creating various kinds of digital currencies that are free from regulatory control. These currencies can be held in digital wallets that can be reached through wallet addresses. A wallet address is made of figures and alphabets and is used for initiating the transfer andContinue reading “Is ENS totally divorced from the surge in Ethereum Name Service domains”

From the look of things, it might take more than a sponsorship and technical partnership deal with FIFA ahead of the 2022 World Cup to drive up the price of a coin. Over 22 days after the announcement of the partnership between FIFA and Algorand, the network’s native token is still struggling to ward offContinue reading “Algorand’s report card- 22 days after the announcement of a partnership with FIFA”

Chainlink is a decentralized network set up with the objective of extending the functionality of blockchains, by connecting smart contracts to real-world data, events, payments, and off-chain computation in a highly tamper-resistant and reliable manner. Whilst providing its Chainlink Adoption Update on May 22, it was revealed that between May 16 to May 22, aContinue reading “Despite developments, why is Chainlink’s [LINK] unable to break out of bearish shackles”

Despite the success recorded by Yuga Labs with the sale of real estate on its “Otherside” Metaverse that went live on 30 April, there is no gainsaying in denying the series of catastrophes that the entire selling process was marked with. However, the founders at Yuga Labs might have a cause to smile soon withContinue reading “ApeCoin [APE]: Decoding the reason behind its major rally over the past day”

“I no longer feared the darkness once I knew the phoenix in me would rise from the ashes”, said Ms. Luna. After suffering a significant decimation to its price following UST’s depegging, LUNA recorded a 100% intra-day spike in price on May 22. Standing at $0.0001917 at press time with a 16% growth in priceContinue reading “Terra: How long will this LUNA-r eclipse loom over the crypto market”

“How much lower is crypto going to go?” “Well, I think it’s just the beginning of crypto winter, to be very honest.” In a recent interview with Bloomberg Technology, Kavita Gupta, founder of Delta Blockchain Fund noted that the cryptocurrency market today is currently in its winter season and the same might last for overContinue reading “With a ‘crypto winter’ around the corner, investors should be wary of…”

There is a Latin maxim that goes like: “quod approbo non reprobo”. The literal translation of the maxim is that “that which I approve, I cannot disapprove”. In layman’s terms, this means you cannot blow hot and cold at the same time. Well, this doesn’t happen to be the case for Andre Cronje, who announcedContinue reading “Fantom [FTM]: With Andre Cronje’s possible comeback, here is what you should know”

You probably wonder why your friends HODLing Monero (XMR) have been suspiciously joyous in the last seven days. Well, you should know that the seven days were marked with significant growth for the XMR token. At the time of press, a bullish divergence was spotted on the price charts indicating that the bull run hasContinue reading “Amid widespread weaknesses, how Monero [XMR] is managing to stay optimistic”

“How do we make it rain at the beach?” asked the CEO of the gaming company, The Sandbox. “Well, we throw some sand dollars”, the fortune teller said. That was exactly what was done as The Sandbox acquired ‘Cualit, a technology company situated in Uruguay.  According to Arthur Madrid, CEO, and Co-Founder of The Sandbox:Continue reading “With The Sandbox [SAND] expanding its ecosystem, investors should know that…”