Industry analytics firm DappRadar has just released a report on the situation, and it doesn’t look pretty. On May 13, the firm reported that DeFi’s total value locked (TVL) is down more than 40% over […]
The great beginning is half done, this appears to be pertinent for the DeFi market in 2022. Earlier this year, the Total Value Locked (TVL) in DeFi reached a landmark $250 billion with just 10% […]
Prominent decentralized finance protocol, Bancor has announced the launch of its v3, dubbed Bancor 3. The release on the mainnet comes six months after the project first shared the details of features. Bancor 3 Goes […]
For the first time since March 16, 2022, the value locked in defi has fallen below $200 billion. While the cryptocurrency market lost billions this week, the total value locked (TVL) in decentralized finance protocols […]
On May 1, the NEAR Protocol Rainbow Bridge was attacked. The cross-chain bridge had temporarily been suspended for maintenance after detecting abnormal activities. In a detailed post, Alex Shevchenko, CEO of Aurora Labs, revealed that […]
The crypto market has commenced the new year with softening of prices. Bitcoin price has continued to plummet for the third consecutive day with no sign of price recovery. However, the DeFi protocols didn’t show […]
Famous rapper Snoop Dogg and his son Cordell Broadus (aka “ChampMedici”) have partnered with MOBLAND to launch digital weed farm NFTs in the Metaverse. The virtual items will pioneer an all-new “grow to earn” feature, […]
The persistent threat of stablecoin regulation and the centralized nature of USDT and USDC are stimulating the growth of decentralized stablecoins. Digital coins that are pegged to USD appear to be under serious threat as […]
Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems. Following Wormhole integration plans, the two parties are all set to bring increased […]
The cryptoverse remains to be stuck in a quagmire, where digital assets have been bogging down on gains. With billions being already lost in the swamp, folks from the industry are now waiting for a […]
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