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Kucoin’s Hack drags Ocean Protocol And Uniswap Into Mud

Ketaki Dixit 23 hours ago

Kucoin hacker’s fund movement is finally noted two days after the incident. Singapore-based cryptocurrency exchange, Kucoin, suffered a massive hack on the 25th of September, in which, the hackers reportedly drained $150 million worth of digital assets such as Bitcoin, Ethereum, and others. But it wasn’t until the early hours of Sunday that the hacker

Kucoin hacker’s fund movement is finally noted two days after the incident. Singapore-based cryptocurrency exchange, Kucoin, suffered a massive hack on the 25th of September, in which, the hackers reportedly drained $150 million worth of digital assets such as Bitcoin, Ethereum, and others. But it wasn’t until the early hours of Sunday that the hacker

DeFi News
DeFi News

DeFi Player Synthetix [SNX] Announces Transition to “Optimistic Ethereum”

Ketaki Dixit September 26, 2020

DeFi platform Synthetix [SNX]Ā announcedĀ the first phase of its transition to the second layer scalability solution of Ethereum called Optimistic Ethereum. The official release defines Optimistic Ethereum as only a “generalized” layer two solutions for Ethereum since it doesnā€™t require any specific functionality to be built to support existing protocols of layer one. Synthetix First Phase

DeFi platform Synthetix [SNX]Ā announcedĀ the first phase of its transition to the second layer scalability solution of Ethereum called Optimistic Ethereum. The official release defines Optimistic Ethereum as only a “generalized” layer two solutions for Ethereum since it doesnā€™t require any specific functionality to be built to support existing protocols of layer one. Synthetix First Phase

DeFi News
DeFi News

Expert Suggests DeFi Hitting “Inflection Point” Amid Rising Non-Fungible Token [NFT] Rush

Ketaki Dixit September 26, 2020

One hand, there are those who believe that the DeFi has an uncanny resemblance to the ICO bubble. But then, there are those who disagree with this narrative. Victor Lee, the CEO of the data intelligence platform for crypto, Bitcurate, believes that the DeFi space has a lot of potential. He tweeted, 6. Non-fungible-token (NFT)

One hand, there are those who believe that the DeFi has an uncanny resemblance to the ICO bubble. But then, there are those who disagree with this narrative. Victor Lee, the CEO of the data intelligence platform for crypto, Bitcurate, believes that the DeFi space has a lot of potential. He tweeted, 6. Non-fungible-token (NFT)

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defi
DeFi News

We Are Still Very Early in DeFi Market Investment: Analyst

Martin Young September 24, 2020

Decentralized finance and crypto markets may have slumped this week, but zooming out to look at the bigger picture suggests that we are still at very early stages of investment. Crypto investor Andrew Kang has taken a deep dive into the state of decentralized finance markets and concluded that things are currently somewhere between the

Decentralized finance and crypto markets may have slumped this week, but zooming out to look at the bigger picture suggests that we are still at very early stages of investment. Crypto investor Andrew Kang has taken a deep dive into the state of decentralized finance markets and concluded that things are currently somewhere between the

Ethereum
Altcoin News
Ethereum
Altcoin News

Ethereum Price Analysis: ETH Poised For Rebound To $360

John Isige September 24, 2020

Ethereum price retests support at $310 twice in September. A double-bottom pattern in the 4-hour range predicts recovery to $360 in the near term. After trading highs of $489 at the beginning of September, the smart contract token has tested support at $310 twice. Recovery has been capped under $400 with Ether suffering rejection at

Ethereum price retests support at $310 twice in September. A double-bottom pattern in the 4-hour range predicts recovery to $360 in the near term. After trading highs of $489 at the beginning of September, the smart contract token has tested support at $310 twice. Recovery has been capped under $400 with Ether suffering rejection at

ethereum
DeFi News
ethereum
DeFi News

Ethereum’s Accumulation Trend Remains Unfazed by Price Downturn

Ketaki Dixit September 23, 2020

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

Ketaki Dixit September 23, 2020

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

FLM-tokens-NEO
DeFi News
FLM-tokens-NEO
DeFi News

Binance Launchpool Unveils Neo-based DeFi Protocol Flamingo, Neo Price Surges 10%

Bhushan Akolkar September 23, 2020

Binance Launchpool, the new DeFi initiative by crypto exchange Binance, announced its third project named Flaming (FLM). The announcement states that staring September 27, Binance Launchpool will allow users to farm (earn) FLM tokens. Flaming is an interoperable, full-stack decentralized finance protocol built atop the Neo blockchain network. FLM is the governance token for Flamingo

Binance Launchpool, the new DeFi initiative by crypto exchange Binance, announced its third project named Flaming (FLM). The announcement states that staring September 27, Binance Launchpool will allow users to farm (earn) FLM tokens. Flaming is an interoperable, full-stack decentralized finance protocol built atop the Neo blockchain network. FLM is the governance token for Flamingo

DeFi News
DeFi News

Uniswap, Yearn.Finance Tokens Mimic Ethereum’s fall

Ketaki Dixit September 22, 2020

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

crypto market red
DeFi News
crypto market red
DeFi News

UNI’s Surprise Launch, Sell-Off Triggers Volatility in Ethereum’s Price

Ketaki Dixit September 22, 2020

When compared to traditional markets, the cryptocurrency industry is highly volatile, and the price fluctuations are driven by many factors. After weeks of consolidation in the Ethereum market, volatility has made a comeback. This was noted in the latestĀ reportĀ of Coin Metrics. This was primarily driven by the recent sell-off and the surprise launch of Uniswap

When compared to traditional markets, the cryptocurrency industry is highly volatile, and the price fluctuations are driven by many factors. After weeks of consolidation in the Ethereum market, volatility has made a comeback. This was noted in the latestĀ reportĀ of Coin Metrics. This was primarily driven by the recent sell-off and the surprise launch of Uniswap

ETH-smart-contracts-gas-fee-DeFi
Altcoin News
ETH-smart-contracts-gas-fee-DeFi
Altcoin News

Ethereum Price Forecast: ETH Whales Hit The Sell Button, Downtrend Aims For $300

John Isige September 22, 2020

Ethereum suffered under the impact of an ascending channel, shattering support areas at $360 and $340. ETH/USD is only taking a breather at $340 because signals remain bearish amid calls for $300. The smart contracts token has been on a downward roll following the rejection suffered slightly above $390 towards the end of last week.

Ethereum suffered under the impact of an ascending channel, shattering support areas at $360 and $340. ETH/USD is only taking a breather at $340 because signals remain bearish amid calls for $300. The smart contracts token has been on a downward roll following the rejection suffered slightly above $390 towards the end of last week.

DeFi News
DeFi News

Uniswap Token [UNI] Crashes in Response to BTC and ETH Options Expiring

Ketaki Dixit September 21, 2020

The crypto users are avidly using decentralized finance [DeFi] to hedge against a volatile crypto market. However, the rise of DeFi has not only highlighted problems with the Ethereum blockchain but has also contributed to congestions and the recent addition from DeFi was UNI token. The token that rose to fame within minutes of its

The crypto users are avidly using decentralized finance [DeFi] to hedge against a volatile crypto market. However, the rise of DeFi has not only highlighted problems with the Ethereum blockchain but has also contributed to congestions and the recent addition from DeFi was UNI token. The token that rose to fame within minutes of its

ETH-smart-contracts-gas-fee-DeFi
DeFi News
ETH-smart-contracts-gas-fee-DeFi
DeFi News

ETH Supply in Smart Contracts Leads That on Exchanges With Huge Margin, Thanks to DeFi

Bhushan Akolkar September 19, 2020

On-chain data analytics provider Galssnode has come up with an interesting observation for ETH supply! With all the craze around decentralized finance (DeFi), the ETH supply in smart contracts has outclassed its supply on centralized exchanges over the last fifteen days. ETH supply on centralized exchanges šŸ“‰ vs. ETH supply in smart contracts šŸ“ˆ#Ethereum Chart:

On-chain data analytics provider Galssnode has come up with an interesting observation for ETH supply! With all the craze around decentralized finance (DeFi), the ETH supply in smart contracts has outclassed its supply on centralized exchanges over the last fifteen days. ETH supply on centralized exchanges šŸ“‰ vs. ETH supply in smart contracts šŸ“ˆ#Ethereum Chart:

DeFi
DeFi News
DeFi
DeFi News

DeFi Mania Continues to Catalyze DEX’s Volume

Ketaki Dixit September 18, 2020

Decentralized exchanges [DEXs] has recorded phenomenal growth in 2020. And it is not the user base that has been accelerating at a tremendous pace. DEX volume too has shown a significant surge over the last couple of months. And this rapid growth has continued to extend this month as well. According to the latest figures

Decentralized exchanges [DEXs] has recorded phenomenal growth in 2020. And it is not the user base that has been accelerating at a tremendous pace. DEX volume too has shown a significant surge over the last couple of months. And this rapid growth has continued to extend this month as well. According to the latest figures

DeFi
DeFi News
DeFi
DeFi News

3 Reasons Why DeFi May Have Reached Its Peak

Martin Young September 18, 2020

There is no doubt that DeFi has been the driver of all things crypto this year, ostensibly in the same way that altcoins catalyzed markets in 2017. According to one analyst though, the nascent industry may be at its top. Since the beginning of 2020, the Decentralized finance marketplace has expanded by over 1200% in

There is no doubt that DeFi has been the driver of all things crypto this year, ostensibly in the same way that altcoins catalyzed markets in 2017. According to one analyst though, the nascent industry may be at its top. Since the beginning of 2020, the Decentralized finance marketplace has expanded by over 1200% in

Ethereum
Altcoin News
Ethereum
Altcoin News

Ethereum Price Forecast: ETH intense pressure on crucial support areas aims for $320

John Isige September 18, 2020

Ethereum bulls are battling the prevalent resistance between $390 and $400. ETH/USD may invalidate the bearish case by holding onto support between $363 and $374 according to IntoTheBlockā€™s data. Ethereum price is facing tough resistance between $390 and $400. The smart contract giant token bid for gains past $400 was also invalidated in this same

Ethereum bulls are battling the prevalent resistance between $390 and $400. ETH/USD may invalidate the bearish case by holding onto support between $363 and $374 according to IntoTheBlockā€™s data. Ethereum price is facing tough resistance between $390 and $400. The smart contract giant token bid for gains past $400 was also invalidated in this same

uniswap
DeFi News
uniswap
DeFi News

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

Ketaki Dixit September 17, 2020

September has been a busy month for the popular DeFi lending platform, Uniswap.Ā 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.Ā 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

UNI dump
DeFi News
UNI dump
DeFi News

Uniswap Token [UNI] Awarded To Top Uniswap Farmers, Will it Get Dumped?

Martin Young September 17, 2020

Uniswap users that have historically provided liquidity to the protocol are getting airdropped free UNI tokens today. One of them is cloned protocol SushiSwap which has just been awarded a big bag. The UNI frenzy is heating up as liquidity providers that have previously used the Uniswap protocol are getting free tokens. It is all

Uniswap users that have historically provided liquidity to the protocol are getting airdropped free UNI tokens today. One of them is cloned protocol SushiSwap which has just been awarded a big bag. The UNI frenzy is heating up as liquidity providers that have previously used the Uniswap protocol are getting free tokens. It is all

DeFi News
DeFi News

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

Martin Young September 17, 2020

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

Defi
DeFi News
Defi
DeFi News

Ethereum Locked in DeFi Soars to a Fresh ATH

Ketaki Dixit September 16, 2020

Crypto is probably one of the fastest moving space in the world. ItsĀ eras are defined by the most popular yearly trends that dominate the headlines. And 2020 could potentially be the year of decentralized finance [DeFi]. The current DeFi mania is often touted as the next evolution of financial markets space. It has continued to

Crypto is probably one of the fastest moving space in the world. ItsĀ eras are defined by the most popular yearly trends that dominate the headlines. And 2020 could potentially be the year of decentralized finance [DeFi]. The current DeFi mania is often touted as the next evolution of financial markets space. It has continued to