DeFi

The month of October has been reasonably good to most of the market’s coins. Bitcoin registered its all-time-high this month while Ethereum and other large cap alts have been making higher highs on their respective charts. Oracle coins have, however, not been able to fare that well, despite the broader bullish sentiment prevalent in theContinue reading “What do DeFi tokens and oracle-tokens like Chainlink have in common”

The DeFi space has seen its own share of ups and downs over the last few months. May’s crash was brutal for tokens from this space too, but they somehow managed to sail through and recover in time. COMP has, however, been one token that has desperately been trying to inch back to its previousContinue reading “Going by the numbers: Has Compound been able to live up to expectations”

As the users argue “what’s better,” Ethereum or Binance Smart Chain, the latter saw another decentralized protocol being exploited. PancakeHunny on BSC was attacked by a flashloan and no, this wasn’t a first for the protocol. Blockchain security and data analytics company Peckshield Inc. announced the attack on Twitter. The last time that this protocolContinue reading “Binance Smart Chain DeFi protocol PancakeHunny suffers flash loan attack”

In the world of DeFi, dYdX has made a name for itself by giving consumers exactly what they want. A decentralized exchange (DEX) platform with the same advantages that users would have in a centralized exchange (CEX), without the drawbacks of DEXs. However, the question is – How long will it be before DEXs becomeContinue reading “dYdX’s growth may have changed DEXs, but can it sustain itself”

Ethereum is the king of DeFi, we know that. And even though the network does no need to keep proving its worth to maintain that label, it manages to actually surprise everyone every day. A relatively lesser-known token “NU” a couple of days ago, made records and showed the crypto market how much DeFi canContinue reading “This Ethereum DeFi protocol rallied by 374% in 24 hours”

The month of October has been very fruitful for the likes of Bitcoin and some other alts. For some others, the market hasn’t been very rewarding. Avalanche falls under the latter category as despite making strides in other sectors the altcoin is not impressing anyone in the spot market. Bitcoin leads… But not everyone EvenContinue reading “After a rousing performance in September, Avalanche lying low despite Bitcoin rally”

The broader crypto market has been in the “pump-mode” over the last couple of days. Bitcoin’s price managed to touch a level as high as $62.93k while Ethereum managed to pump to $3.97k. In effect, other alts have also been trading at relatively higher targets. But, what about the DeFi market and its tokens? AssessingContinue reading “AAVE, MKR, CRV: Will the market’s ‘higher-highs’ tide lift the DeFi boat”

While the market has already entered the pumping season, a few alts – the ones that don’t usually replicate Bitcoin’s price movements, stand at a disadvantageous situation. UNI, ATOM and LUNA – three different alts from distinct sub-sections of the crypto space, share a fragile relationship with the king coin. As per Skew’s data, theirContinue reading “Why alts like UNI, LUNA, ATOM are yet to join Bitcoin’s ‘surge party’”

GameFi was launched as a one-stop hub for blockchain gamers and investors. Many gaming industry insiders equate the game finance ecosystem to DeFi. Kieran Warwick, the co-Founder at gaming platform Illuvium, explained how GameFi will fare against DeFi in a recent podcast. He stated that the addressable market for DeFi is limited by the population.Continue reading “This is why industry insiders are betting on GameFi as future of DeFi”