6 hours ago
dYdX 24-Hours Transaction Volumes Surges Above Coinbase’s, But Here’s the Catch

Leading decentralized exchange (DEX) dYdX has recently seen a strong surge in trading volume. Popular crypto analyst Colin Wu reported that the dYDx transaction volumes in the last 24 hours surpassed 4.28 billion, surpassing the leading crypto exchange Coinbase for the first time. According to CoinMarketCap data, the dYdX transaction volume in the past 24

Sep, 23
4 days ago
eToro Sets Eyes on Defi Market, Launches 11 Defi Assets Based Investment Portfolio

eToro, the mobile trading service is looking to expand its crypto offering and now it is tapping into one of the most popular crypto use cases defi. The platform announced a new Defi portfolio with 11 digital assets including Ether, Uniswap, Chainlink, Aave, Compound, Yearn.Finance, Decentraland, Polygon, algorand, basic attention token, and maker. advertisement Dani

Sep, 22
5 days ago
Can the Bitcoin Blockchain Host Smart Contracts? This Blockchain Protocol is Working to Make that Happen

The Bitcoin blockchain is the oldest blockchain protocol in the world, and arguably the most renowned. While the monetary innovation that Satoshi Nakamoto introduced remains the most significant in today’s digital currency world, there are new evolutions that have pushed the paradigm to a whole new level. advertisement This evolution includes the hosting of smart

Sep, 21
6 days ago
Defi Hack: Vee Finance Looses more than $35M in Bitcoin ($BTC) and Ethereum ($ETH)

In the season of Defi Hacks, Vee Finance was caught in the storm next. The Defi lending platform for traditional finance and crypto was hacked last night. The organization revealed the attack through its Twitter handle and further elaborated on the breach in its community announcement post. Vee Finance team shared that they had monitored

Sep, 20
7 days ago
Defi Hack Alert: This protocol lost over $12 million in Bitcoin (BTC)

The Defi protocol, pNetwork alerted the community of a 277 Bitcoin (BTC) hack, which amounts to 12.67 million in USD. The network revealed that the attacker installed a bug on the Binance Blockchain codebase of pNetwork. However, the protocol confirmed safety for other funds as no more bridges had to bear the burn of the

Sep, 20
September 20, 2021
DOT Price Analysis: Polkadot Rides Ascending Channel Near All Time High, Will Bulls Break $40?

DOT  Price is down nearly -9% over the last week Price has been stuck in an ascending channel over the last month DOT has been holding the 200MA as support Polkadot has been performing better than the overall market over the last few weeks. Along with ALGO, ATOM, AVAX & more, DOT has been riding

Sep, 15
September 15, 2021
Defi Hack Alert: NowSwap losses over $1 Million in cyber attack

According to news from the Analytic group, PeckShield, the DEX protocol, NowSwap was hacked and lost more than 1 million USD in funds. The attackers stole 535,000 USDT and 158 WETH. USDTs are converted to ETH through the distributed network service, 1inch, and further transferred to the Ethernet Square anonymous trading platform, Tornado Cash. Furthermore,

Sep, 13
September 13, 2021
Ethereum L2 TVL crosses $3 billion, Here’s What Fueling the Rise

The latest update in the ETH L2 network saw the total lock-up volume of the Layer2 cross $3 billion, according to the L2BEAT data recorded on September 13. Furthermore, the largest number of lock-up lays with the Arbitrum protocol, which has locked approximately $2.2 billion, accounting for 73.75% of the TVL. Arbitrum L2 TVL advertisement

Sep, 12
September 12, 2021
DeFi TVL Tests Extremes as Market Looks to Sustain Ongoing Recovery

Following the latest flash crash that offset the recent price run in the digital currency ecosystem, the decentralized finance (DeFi) ecosystem has picked up a recovery that is evident in its Total Value Locked (TVL). According to data from DeFiPulse, the current TVL for all of its listed DeFi protocols was pegged at $86.9 billion

Sep, 11
September 11, 2021
This Country Opens Crypto Buying Option via Post Offices

According to CoinDesk’s recent report, the U.K. Post Office will allow crypto purchases via the identity verification service, EasyID from next week. EasyID users can buy crypto vouchers from the decentralized exchange (DEX) Swarm Markets. The vouchers can further get reclaimed in exchange for Bitcoin or Ether on the Swarm Markets’ platform. advertisement EasyID was

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