DeFi


Markets

Arbitrum's ARB Token Trades at $3.99 as 625,143 Wallets Receive Airdrop

Decentralized exchange GMX becomes the largest single holder of ARB after receiving 8 million tokens.

Arbitrum airdrop goes live. (Pexel/Pixabay)

Finance

Arbitrum Site, Blockchain Scanner Down Ahead of ARB Airdrop

The front ends were down amid massive interest from traders.

(Shutterstock)

Tech

Ethereum Usage Will Drop If the Blockchain Doesn’t Boost Speed: Bank of America

The network has had a first-mover advantage thus far as a platform developers could build apps on, a report from the bank said.

Ethereum’s long-term viability depends on its ability to follow its road map. (Shutterstock)

Markets

Blockchain-Based Debt Protocol Obligate Records First Bond Issuance on Polygon Network

Swiss commodities trading firm Muff Trading AG issued corporate bonds using Obligate’s decentralized finance platform, which is set to open to the public on March 27.

Switzerland flag (Stephen Leonardi/Unsplash)

Tech

IoTeX Blockchain's DAO Votes to Add Ether Liquid Staking Derivatives

The proposal seeks to make the network more secure by increasing the number of people who validate transactions on the platform.

(Roibu/Shutterstock)

Tech

Dfyn Version 2 Goes Live With On-Chain Limit Orders and Enhanced DEX Security

The new version features dedicated vault contracts to protect against liquidity pool exploits, which have accounted for upward of $300 million in user losses since the start of this year.

(Nicholas Cappello/Unsplash)

Markets

Arbitrum Put Options Let Traders Bet on First Day Price Action

A put option that expires at $2 is selling for 76 cents on options marketplace Clober.

GMX tokens are serving as a proxy bet for Arbitrum investors. (Jason Briscoe/Unsplash)

Markets

Cryptocurrency Market Set for More Upside After Bank Problems: Bernstein

The current environment is the perfect setting for the decentralized-financial system to stand out as an alternative to traditional banking, a report from the firm said.

(Angelo Giordano/Pixabay)

Finance

Market Maker DWF Labs Invests $20M in Derivatives Trading Platform Synthetix

DWF Labs purchased $15 million worth of Synthetix's native token SNX on March 16 with a further purchase of $5 million to follow

U.S. dollars

Tech

EOS Network Ventures Commits $20M to Build Dapps and Games on EOS Blockchain

The commitment comes ahead of next month's launch of EOS Ethereum Virtual Machine (EVM).

(Shutterstock)