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Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?

AVAX price soared to a record high as heavy inflows enter the protocol through its cross-chain bridge and institutional investors pledge $230 million in funding for the rapidly expanding Avalanche…

Continue ReadingAvalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?

As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values…

Continue ReadingAs Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise

Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam

At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While…

Continue ReadingTotal Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam

Aave, Sushi, and Other Top DeFi Protocols Launch $100M Adoption Collaborative with Celo

A slew of leading Ethereum based DeFi protocols– including Aave, Sushi, Curve, and PoolTogether– recently announced a $100M DeFi adoption initiative with Celo, a mobile platform for financial dApps. Adoption…

Continue ReadingAave, Sushi, and Other Top DeFi Protocols Launch $100M Adoption Collaborative with Celo