Tag: DeFi

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Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse

The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart…
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Coinbase Wallet Introduces “Transaction Preview” For Better Security

Coinbase Wallet, a non-custodial multi-currency wallet, is adding a new security feature, “Transaction Preview,” to give its community “greater peace of mind during dApp transactions.” Transaction Preview Feature The new feature was demonstrated by Coinbase Wallet’s product manager, Ayoola John, in a tweet on February 1.  Safety Spotlight Coinbase Wallet uses a simulation of the…
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Today in Crypto: BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M Worth of XRP in Q4

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M Worth of XRP in Q4  Read more »Sign up for e-EUR –…
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‘No, DeFi Is Not Dead,’ Says Ex-Founder Of Yield Finance

Andre Cronje, the co-founder of Fantom Foundation and the ex-creator of Yield Finance, a DeFi protocol, disagrees with people who say DeFi is dead and the period of high yields is gone. DeFi Is Not Dead In a Medium post on February 1, Andre agrees that the crypto bear market of the past year impacted activity and…
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Today in Crypto: Bitcoin Suisse Joins Liquid Collective to Enable ETH Staking, METACO Partnered with DekaBank, Celsius ‘Abandoned Promise of Transparency from Start’

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bitcoin Suisse Joins Liquid Collective to Enable ETH Staking, METACO Partnered with DekaBank, Celsius ‘Abandoned Promise of Transparency from Start’  Read more »Sign up for e-EUR – the…
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Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures 

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big…
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Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days

During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs in Aptos’ Recent Surge in…
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Aave V3 Is Live On Ethereum, TVL Up 24% In One Month

Aave V3 is now live on the Ethereum mainnet. With this upgrade, WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE are the only supported assets.  Aave V3 Improves Capital Efficiency Stani Kulechov, the co-founder of Aave, said V3’s flexible design introduces new ways of mitigating risks, reducing gas costs, and improving capital efficiency, all while ensuring…
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Uniswap Founder: People Rooting For Crypto To Be Shut Down Are Cringe

Hayden Adams, the founder of Uniswap, thinks people rooting to have crypto shut down are “incredibly cringe.” Uniswap Founder: Let People Be In a tweet on January 26, Hayden emphasized that no one has forced anybody to use crypto, buy coins, or keep up with the latest events in the industry. He also added that no…
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Today in Crypto: Tether Joins Hands with INHOPE to Fight CSAM, Mango Labs Sues Exploiter, ‘UK Must Move Faster’ on Crypto Regulation

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Tether Joins Hands with INHOPE to Fight CSAM, Mango Labs Sues Exploiter, ‘UK Must Move Faster’ on Crypto Regulation  Read more »Sign up for e-EUR – the progressive…
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