DeFi

Arbitrum One core network has now been fully integrated by Binance, the cryptocurrency firm announced earlier today. This has paved the way for Ether withdrawals on Arbitrum One Layer 2, which is a scaling solution for the Ethereum network. Arbitrum One is the beta mainnet of a layer-2 optimistic rollup protocol that enables off-chain EthereumContinue reading “Binance integrates Ethereum Layer 2 scaling solution, Arbitrum One”

As Bitcoin oscillated just under the $60K zone and major altcoins seemed to be stuck in consolidation, the DeFi space and a number of other DeFi tokens have attracted the market’s gaze. Capital inflows seemed to be flowing into DeFi projects like Crypto.com and Curve DAO as BTC’s trajectory weakened.  This wasn’t the first time,Continue reading “Moving against the tide, Curve and Crypto.com coin rally on, but how for how long”

The past few months have been quite mundane for Uniswap. This DeFi token last witnessed a proper rally back in July-August. Over that period, notably, its price surged by more than 120% on the charts. However, that didn’t last long. Since its honeymoon phase passed, UNI has either fallen on the charts or traded horizontallyContinue reading “A look into what’s holding back Uniswap’s long-overdue rally”

It’s raining cryptocurrency ETPs in Europe. In a recent development, crypto ETP issuer 21Shares AG has announced the listing of three additional crypto ETPs on the SIX Swiss Exchange. The firm, which is the largest issuer of physically-backed cryptocurrency ETPs worldwide, has chosen Polygon, Avalanche, and Algorand tokens to be tracked by these ETPs. Interestingly,Continue reading “21 Shares launches Polygon, Avalanche, Algorand ETPs on SIX Swiss Exchange”

As the second biggest DeFi protocol in the crypto-market Maker has a lot of eyes on it. The protocol’s growth over the past few months has been stellar. Alas, it was this week, in particular, that disappointed investors the most. The most important question that remains is this – Can Maker actually recover from this?Continue reading “Underwhelming week for Maker, but here’s why it’s not all bad news”

The DeFi world is pretty much ruled by Ethereum. We all know that. And yet, Binance has managed to climb the ranks and consolidate its second position in the space. Over the past few months, Binance Smart Chain has gained in terms of TVL and protocol. However, looks like it is now also gaining theContinue reading “Binance Smart Chain is growing, but is it really competition for Ethereum”

DeFi stands for Decentralized Finance and Curve is its biggest propagator in the world. So naturally, when Curve made a move this week over the nature of decentralization in DeFi, it was bound to turn heads. It all comes down to just one question – Was it the right thing to do or not? CurveContinue reading “What Curve’s decision could mean for decentralization in DeFi”

Centralized and decentralized exchanges have been competing with each other on almost all fronts over the last few years. So far, CEXs have been able to cater to the masses with their non-complicated interfaces. However, DEXs have been able to retain users by providing them passive yields, while also being more transparent and secure. InContinue reading “Did DEXs just make a strong comeback in their battle with CEXs”

After Bitcoin’s ATH of $69k on 10 November, not just the top coin, but the larger market has been somewhat mellow. However, even with the top two coins consolidating, there seemed to be some altcoins that presented double-digit gains as they rallied. Interestingly, the lending protocol landscape was one that seemed to be making theContinue reading “Lending protocols lead market recovery as Maker paves way for gains”