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Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application

While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased…

Continue ReadingAnchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application

Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked…

Continue ReadingValue Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%

Altcoin Roundup: 3 portfolio trackers NFT and DeFi investors can use to stay organized

Whether you’re a DeFi degen with 100 accounts in MetaMask or an NFT investor with an uncountable number of JPEGs, here are three portfolio trackers that can help you stay…

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Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon

The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart…

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Avalanche correction risk rises after AVAX price soars 80% from January lows

Strong network growth underpins AVAX's recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token.

Continue ReadingAvalanche correction risk rises after AVAX price soars 80% from January lows

Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%

On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL)…

Continue ReadingValue Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%

Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year

The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the…

Continue ReadingValue Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year