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DeFi News
ethereum
DeFi News

Ethereum’s Accumulation Trend Remains Unfazed by Price Downturn

Ethereum’s price underwent a major correction of nearly 16% following the market downturn. The network has been thriving as user activity skyrocketed, thanks to the DeFi explosion and numerous on-chain metrics demonstrated significant demand for the underlying crypto asset, ETH. Despite the explosive growth of the sector, DeFi did not escape the carnage following Ethereum’s

Ethereum’s price underwent a major correction of nearly 16% following the market downturn. The network has been thriving as user activity skyrocketed, thanks to the DeFi explosion and numerous on-chain metrics demonstrated significant demand for the underlying crypto asset, ETH. Despite the explosive growth of the sector, DeFi did not escape the carnage following Ethereum’s

dune analytics
DeFi News
dune analytics
DeFi News

DeFi Protocols’ Angels Back Dune Analytics in $2 Million Seed Funding Round

Dune Analytics, the Ethereum data website which lets the community view and creates charts illustrating activity on the Ethereum blockchain, today announced raising a $2 million seed round, led by cross-border crypto venture fund Dragonfly Capital among other, in a bid to ramp up the platform’s team and product. It was originally run by two

Dune Analytics, the Ethereum data website which lets the community view and creates charts illustrating activity on the Ethereum blockchain, today announced raising a $2 million seed round, led by cross-border crypto venture fund Dragonfly Capital among other, in a bid to ramp up the platform’s team and product. It was originally run by two

NFT-Economy
Altcoin News
NFT-Economy
Altcoin News

Non-Fungible Tokens (NFTs) Gain Massive Traction, Here Are the Top 5 Performers

While the crypto world is bullish about the latest craze in DeFi, there’s another sector that’s quickly gaining traction. We are talking about the Non-Fungible Token (NFT) industry that has registered nearly $3.5 million in volumes over the last month. Chances are you might have not heard about NFTs before, or you have a brief

While the crypto world is bullish about the latest craze in DeFi, there’s another sector that’s quickly gaining traction. We are talking about the Non-Fungible Token (NFT) industry that has registered nearly $3.5 million in volumes over the last month. Chances are you might have not heard about NFTs before, or you have a brief

uniswap
DeFi News
uniswap
DeFi News

Did Uniswap Rush UNI Token Launch In Response To Sushiswap?

Uniswap has been creating a lot of buzz in the decentralized finance [DeFi] space. The popular lending protocol has recaptured the imagination of traders with its native token UNI which was recently launched on the Ethereum mainnet. Since it went live on the second-largest blockchain network, UNI’s prices climbed a high of $5.81 before retracing its steps

Uniswap has been creating a lot of buzz in the decentralized finance [DeFi] space. The popular lending protocol has recaptured the imagination of traders with its native token UNI which was recently launched on the Ethereum mainnet. Since it went live on the second-largest blockchain network, UNI’s prices climbed a high of $5.81 before retracing its steps

uniswap
DeFi News
uniswap
DeFi News

Uniswap Announces 4 Liquidity Mining Pools For UNI Token, Starting 18th Sept.

September has been a busy month for the popular DeFi lending platform, Uniswap. The popular protocol on Ethereum announced UNI’s initial liquidity mining program which is slated to go live on the 18th of September will continue till 17th November. It will essentially target the following four pools on the V2 of Uniswap. According to the

September has been a busy month for the popular DeFi lending platform, Uniswap. The popular protocol on Ethereum announced UNI’s initial liquidity mining program which is slated to go live on the 18th of September will continue till 17th November. It will essentially target the following four pools on the V2 of Uniswap. According to the

DeFi News
DeFi News

Uniswap Token [UNI] Frenzy Commences Following Coinbase & Binance Listings on Launch

Decentralized exchange Uniswap has launched its highly anticipated native token, UNI, sparking off a DeFi farming frenzy that is bringing the Ethereum network to a crawl under high fees. A few hours ago, Uniswap made an announcement that it was opening four ETH based liquidity pools and will be rewarding yield farmers with its own

Decentralized exchange Uniswap has launched its highly anticipated native token, UNI, sparking off a DeFi farming frenzy that is bringing the Ethereum network to a crawl under high fees. A few hours ago, Uniswap made an announcement that it was opening four ETH based liquidity pools and will be rewarding yield farmers with its own

bitcoin etheruem
Bitcoin News
bitcoin etheruem
Bitcoin News

Bitcoin – Ethereum Correlation Witnesses 6-Month Slump

Bitcoin is the undisputed leader and all the other crypto-assets closely follow its valuation. Ethereum [ETH] might be an independent asset with completely different reason d’être from that of Bitcoin, but at times, it also happens to mimic the latter’s price action. In the digital asset market, the king coin being the front runner and

Bitcoin is the undisputed leader and all the other crypto-assets closely follow its valuation. Ethereum [ETH] might be an independent asset with completely different reason d’être from that of Bitcoin, but at times, it also happens to mimic the latter’s price action. In the digital asset market, the king coin being the front runner and

Ethereum
Altcoin News
Ethereum
Altcoin News

Ethereum Traders Dumping But DeFi Farmers Hungry For ETH Yields

Ethereum prices have dumped almost 15% over the past 24 hours as traders hit the sell button, but liquidity in high yield ETH vaults has increased over 44% in the roughly same period. Ethereum prices have retreated almost $100, or 20%, since their 2020 and two year high on Tuesday, September 1. At the time

Ethereum prices have dumped almost 15% over the past 24 hours as traders hit the sell button, but liquidity in high yield ETH vaults has increased over 44% in the roughly same period. Ethereum prices have retreated almost $100, or 20%, since their 2020 and two year high on Tuesday, September 1. At the time

Yearn Finance
DeFi News
Yearn Finance
DeFi News

Ethereum Liquidity Vault yETH Attracts $100 Million on First Day

The highly anticipated Yearn Finance Ethereum liquidity vault, yETH, has gained a lot of traction on its first day with around $100 million in ETH already deposited. The DeFi yield farming frenzy is not only limited to food meme tokens such as Yams and Sushi. Those holding Ethereum can now gain exposure to other assets

The highly anticipated Yearn Finance Ethereum liquidity vault, yETH, has gained a lot of traction on its first day with around $100 million in ETH already deposited. The DeFi yield farming frenzy is not only limited to food meme tokens such as Yams and Sushi. Those holding Ethereum can now gain exposure to other assets

Yearn Finance
DeFi News
Yearn Finance
DeFi News

Yearn Finance Adds yETH Vaults Earning 75%+ on Ethereum Deposits

Popular DeFi aggregation protocol Yearn Finance has added its long-awaited Ethereum vaults offering some of the highest interest in the industry on ETH deposits. Yearn Finance has gone from zero to hero in the DeFi sector, launching new products and yield farming opportunities on an almost weekly bases. The latest offerings, in addition to its

Popular DeFi aggregation protocol Yearn Finance has added its long-awaited Ethereum vaults offering some of the highest interest in the industry on ETH deposits. Yearn Finance has gone from zero to hero in the DeFi sector, launching new products and yield farming opportunities on an almost weekly bases. The latest offerings, in addition to its

ethereum
Altcoin News
ethereum
Altcoin News

Ethereum [ETH] Rides High on DeFi, Break-out of Yearly High in View

Ethereum [ETH] has moved towards its yearly highs, as the market sentiments are starting to turn back bullish.  The recent pullback (last ween on Tuesday and Wednesday) saw swift recovery with a 7.6% rise yesterday. The price of Ethereum [ETH] on 14: 3o hours UTC on 31st August 2020 is $232. The volume-profile ratio indicator

Ethereum [ETH] has moved towards its yearly highs, as the market sentiments are starting to turn back bullish.  The recent pullback (last ween on Tuesday and Wednesday) saw swift recovery with a 7.6% rise yesterday. The price of Ethereum [ETH] on 14: 3o hours UTC on 31st August 2020 is $232. The volume-profile ratio indicator

sushi token
Altcoin News
sushi token
Altcoin News

SUSHI DeFi Token Drops Over 99% as Top Holder Dumps on Uniswap

$SUSHI, the governance token for a Uniswap lookalike drops over 99% in minutes as the top token holder dumps on the market. The price of SUSHI fell from over $170 to $1.07 in no time. The launch of the platform was as recent as the 26th of August. Hsaka, a prominent crypto trader tweeted, Top

$SUSHI, the governance token for a Uniswap lookalike drops over 99% in minutes as the top token holder dumps on the market. The price of SUSHI fell from over $170 to $1.07 in no time. The launch of the platform was as recent as the 26th of August. Hsaka, a prominent crypto trader tweeted, Top

Samson mow
Altcoin News
Samson mow
Altcoin News

‘Ethereum is Still Garbage’, Bitcoin Maximalist Refutes Hypocrisy Claims

Many Bitcoin Maxis were once again caught in an old debate involving the issuance of INX security tokens on Ethereum. It reignited on 24th August as the SEC granted effectiveness for the sale of INX Security Tokens. According to the press release, … initial public offering (the “Offering”) of up to 130 million INX Security

Many Bitcoin Maxis were once again caught in an old debate involving the issuance of INX security tokens on Ethereum. It reignited on 24th August as the SEC granted effectiveness for the sale of INX Security Tokens. According to the press release, … initial public offering (the “Offering”) of up to 130 million INX Security

vitalik buterin on ethereum scalability
Altcoin News
vitalik buterin on ethereum scalability
Altcoin News

Ethereum Co-Founder, Vitalik, Disagrees with Prolonging of High-Fees

The primary view of the markets suggests an evolution of Ethereum as an exclusive layer for financial settlements. However, Vitalik Buterin doesn’t agree with the narration and sticks to the ‘world computer’ idea.  As reported yesterday on CoinGape, the top applications on Ethereum are all DeFi-based. Today, leading crypto analyst and partner at Castle Island

The primary view of the markets suggests an evolution of Ethereum as an exclusive layer for financial settlements. However, Vitalik Buterin doesn’t agree with the narration and sticks to the ‘world computer’ idea.  As reported yesterday on CoinGape, the top applications on Ethereum are all DeFi-based. Today, leading crypto analyst and partner at Castle Island

Ethereum ETH
Altcoin News
Ethereum ETH
Altcoin News

Top 20 Applications on Ethereum are DeFi Based. Fees Becoming a Barrier

A look at the top 30 dApps on Ethereum confirms that all but one decentralized applications (dApps) are finance based. The high GAS fee is acting as barriers to entry and growth for other applications such as games, service management, NFTs and so on.  Ethereum Fees Dilemma The average fees on Ethereum is currently at

A look at the top 30 dApps on Ethereum confirms that all but one decentralized applications (dApps) are finance based. The high GAS fee is acting as barriers to entry and growth for other applications such as games, service management, NFTs and so on.  Ethereum Fees Dilemma The average fees on Ethereum is currently at

bitcoin price
Bitcoin News
bitcoin price
Bitcoin News

Bitcoin [BTC] Futures Open Interest Reaches All-Time High Above $5 Billion

Bitcoin [BTC] futures Open Interest (OI) across leading derivatives platforms topped its ATH in February to a new high above $5 billion. Okex Exchange is leading the futures market with an OI of $1.11 billion followed by BitMEX at 0.97 billion. The spikes on institutional platforms like CME and Bakkt are particularly grabbing the attention

Bitcoin [BTC] futures Open Interest (OI) across leading derivatives platforms topped its ATH in February to a new high above $5 billion. Okex Exchange is leading the futures market with an OI of $1.11 billion followed by BitMEX at 0.97 billion. The spikes on institutional platforms like CME and Bakkt are particularly grabbing the attention

DeFi
DeFi News
DeFi
DeFi News

“Actual” Total Value Locked in DeFi is Only About 50% of Reported Value: Analyst

Reportedly, the recursive compounding of collateral on different DeFi project using the same initial capital tends to inflate the value locked in DeFi by almost 50%.  Data analytics websites reporting the ‘total value locked’ in DeFi, determine the value by analysing individual projects. However, the ecosystem has remarkable interoperability. DAI loaned in one project is

Reportedly, the recursive compounding of collateral on different DeFi project using the same initial capital tends to inflate the value locked in DeFi by almost 50%.  Data analytics websites reporting the ‘total value locked’ in DeFi, determine the value by analysing individual projects. However, the ecosystem has remarkable interoperability. DAI loaned in one project is

ethereum-image-coingape
Altcoin News
ethereum-image-coingape
Altcoin News

Will DeFi Turn Its Back On Ethereum As ETH Fees Continues To Soar?

The much-hyped YAM tokens plunged 99.9% after a severe bug was discovered in the asset. Earlier this week, the market capitalization of YAM went as high as $600 million; it has now collapsed after an exploit of more than $750,000. The market cap is collapsing to as low as zero. It is dragging down the

The much-hyped YAM tokens plunged 99.9% after a severe bug was discovered in the asset. Earlier this week, the market capitalization of YAM went as high as $600 million; it has now collapsed after an exploit of more than $750,000. The market cap is collapsing to as low as zero. It is dragging down the

Altcoin News
Altcoin News

Will High Gas Fees on Ethereum [ETH] Put an End to DeFi Bull Run?

The GAS fees on Ethereum is surpassing 200 Gwei as DeFi yield farming boom continues. It is clearly reminiscent of 2017 ICO bubble phase. Although, the rising fees on the network is yet to reach previous highs. On-chain transaction fees on Ethereum continue to outpace Bitcoin. The difference between the total fees of Bitcoin from

The GAS fees on Ethereum is surpassing 200 Gwei as DeFi yield farming boom continues. It is clearly reminiscent of 2017 ICO bubble phase. Although, the rising fees on the network is yet to reach previous highs. On-chain transaction fees on Ethereum continue to outpace Bitcoin. The difference between the total fees of Bitcoin from

Singapore Govt Set to Issue Graduate Digital Certificates on Ethereum Mainnet
Altcoin News
Singapore Govt Set to Issue Graduate Digital Certificates on Ethereum Mainnet
Altcoin News

Ethereum [ETH] Total Supply Can be Known Only Roughly: Vitalik Buterin

As reported yesterday on CoinGape, the issue of ‘unknown supply’ has now escalated. Nevertheless, Vitalik Buterin doesn’t seem too concerned about it.  The bounty for confirming the supply is having a lot of engagement on Twitter. What’s more surprising is that different sources are revealing different numbers. The total supply of ETH is “close to” a

As reported yesterday on CoinGape, the issue of ‘unknown supply’ has now escalated. Nevertheless, Vitalik Buterin doesn’t seem too concerned about it.  The bounty for confirming the supply is having a lot of engagement on Twitter. What’s more surprising is that different sources are revealing different numbers. The total supply of ETH is “close to” a