DeFi

The DeFi chain, Terra, had a good run these last two days, with its stablecoin UST flipping BUSD to gain the position of the third biggest stablecoin. It also achieved the milestone of becoming the first decentralized stablecoin to reach the top three. Terra leaves a mark, but… …as UST adoption grew, its concentration inContinue reading “Terra [LUNA] has had a good run this week but will it continue”

AAVE was once the biggest DeFi protocol on the planet. Beyond leading the Decentralized Finance market, it also led the lending market. However, gradually, the Dapp lost its status on both fronts. It’s here to be noted that AAVE can get back its glory by developing its ecosystem. AAVE brings back Grants DAO One ofContinue reading “AAVE Grants DAO sets up renewal proposal- What does it mean for investors”

MKR is one of the best-performing coins of the day. Its value majorly stems from its DeFi performance. Besides, DAI, the platform also allows for lending and borrowing. Unlike other similar Dapps, MakerDAO’s struggles arrive when it comes to deposits and not borrowing. MakerDAO on the rise After the deposits peaked at $16.218 million inContinue reading “Can MKR’s recent rally bring back deposits into the protocol”

To say that there was hype when crypto influencers teased the idea of Solana NFTs on OpenSea, would be an understatement. Many investors thought that Solana’s long-awaited entry into the OpenSea marketplace would lead to an explosive rise in trading volumes and transactions. Now, a few days after launch, the numbers are telling a differentContinue reading “Why ‘OpenSea x Solana’ didn’t set off the fireworks they were expected to”

When you heard that the much-anticipated Ethereum Merge was not happening in June, how did you react? Were you part of the camp that was too devastated to get out of bed? Or the one that couldn’t care less? According to one crypto researcher, the Merge is something traders should keep an eye on – especiallyContinue reading “Ethereum’s upcoming ‘Merge’ and how you can make the most out of it”

After a huge year in 2021, hackers are continuing to target Defi platforms in Q1 2022. Chainalysis reported in a recent study about the increasing trend of malicious activities in the current year. The bounty was indeed not enough in 2021 when hackers managed to steal $3.2 billion in crypto. They have already managed toContinue reading “Transparency or security: Report analyses reasons behind DeFi hacks”

If you want a quick and dirty way to gauge the state of the NFT market, it’s worth a shot to take a look at the stats for OpenSea, arguably the best known NFT marketplace in the crypto industry at present. The end of 2021 and early 2022 saw the marketplace breaking record after recordContinue reading “OpenSea: From volumes to gas, a look at how the biggest NFT marketplace is doing”

For many traders, it’s enough to just be able to buy and sell coins and tokens. However, there are others out there who want to build entire worlds. The Sandbox [SAND] meant to cater to the latter category. Now, Messari’s 2022 Q1 report on the asset reveals how high the project could go – andContinue reading “SAND: LAND sales to transaction volumes, here’s everything ailing the token”

The DeFi token Compound was on a massive rally on 12 April at the back of the Robinhood’s listing. The altcoin, along with Solana, Shiba Inu, and Polygon, was added to the existing list of assets offered by the platform. Compound goes up thanks to Robinhood At one point during the day on 12 April,Continue reading “Assessing COMP’s ascension with a decrease in net monthly borrowing”