DeFi

Ethereum has seen a myriad of Layer-2 solutions developing over time, with the fight to gain prominence never-ending. However, the emergence of Boba Network has challenged some longstanding L2 solutions to place itself in the #2 spot. The new Ethereum L2 champ? Layer-2 solutions have seen some solid domination from Arbitrum, but the second placeContinue reading “This Ethereum L2 rose by 1551%, outperformed Loopring, dYdX, Optimism”

Kevin O’Leary, one of the most vocal institutional cryptocurrency investors, has considerably expanded his digital asset holdings over the past year. Once a critic of the novel asset class, the “Shark Tank” star, and investor has since increased his crypto investments to 10% of his portfolio, admittedly, in Bitcoin, Ethereum, and USDCoin. The Canadian entrepreneurContinue reading “Along with Bitcoin, Ethereum, Kevin O’Leary ‘needs’ to invest in Solana, Polygon, Hedera”

The votes are in and the Uniswap community has spoken. Interestingly, almost 100% of the votes on a proposal to deploy Uniswap on Polygon were in favor of the integration. Thus, clearly highlighting the explosive popularity that layer-2 protocols have been receiving of late. Almost a week ago, Polygon developers had put forward a proposalContinue reading “Votes are in: over 7 million Uniswap holders in favor of Polygon’s deployment proposal”

November was a difficult month not only for the spot market but for the DeFi market as well, and Ethereum is the prime example of it. Even though Ethereum holds 66% domination in the DeFi space, halfway through the month of November the DeFi king lost about $18 billion from its total value locked (TVL)Continue reading “Ethereum’s DeFi debacle and what it actually needs to recover from its plunge”

Curve since its launch in February 2020 has grown by a lot. Rising from some thousand dollars in total value locked (TVL), the DeFi protocol has reached the topmost position today. However, the protocol, to date continues to deal with certain issues which have caused the Curve community to demand a new kind of committee.Continue reading “Curve rallies by 54%, will continue on a winning streak as long as…”

AAVE, for the longest time, had been one of the most competitive DeFi protocols in the world. However, the $6 billion drop in its total value locked (TVL) towards the beginning of this month replaced it off its #1 position. Recovering slowly, AAVE last week incorporated the idea of furthering the cause of DeFi usingContinue reading “AAVE plans to expand DeFi’s reach, but will the alt finally react”

Over the past 7-days, ALGO fared quite well on its price charts. After witnessing a 16% pump in the aforementioned time-window, the DeFi token was seen exchanging hands around $1.8 at the time of writing. Well, this doesn’t come as any surprise because ALGO always performed well whenever the broader market has been in direContinue reading “Yield farmers have this advantage due to ALGO’s fluctuating price, but how long”

Non-Fungible Tokens, more popularly known by their abbreviated three-lettered version – NFT(s) – have soared in popularity over the last few months. Every tangent associated with the crypto-verse comes with its own question marks, often leaving people from outside the space to go, “Umm… What’s actually happening in there?” To be honest, that was myContinue reading “Outlining the changing dynamics of the Ethereum-based NFT landscape”

In November, NFT marketplace OpenSea surged past $10 billion in volume. However, one analyst thinks this major player could soon see tough competition from a new rival. Coinbase versus OpenSea Coinbase’s NFT marketplace reportedly saw millions of emails to sign up in its first few days. Like many, researcher Max Maher wondered if Coinbase NFTContinue reading “Coinbase NFT: Analyst claims this could hurt ‘wildfire NFT adoption’”