Auto Added by WPeMatico

Fantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain

The total value locked (TVL) in decentralized finance (defi) protocols has lost ​​6.8% during the last 24 hours as crypto markets have experienced more losses. However, the Fantom blockchain has…

Continue ReadingFantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain

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

Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin and most major altcoins are close to breaking below critical support levels and traders’ reluctance to buy in the current range could exacerbate the sell-off.

Continue ReadingPrice analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Most Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik

Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This…

Continue ReadingMost Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik

Report Highlights Tech Firm Ryval’s Avalanche-Powered Litigation Tokenization Concept

According to a recent interview, trial lawyer Kyle Roche from the legal firm Roche Freedman LLP has started a tech startup called Ryval that aims to be “the stock market…

Continue ReadingReport Highlights Tech Firm Ryval’s Avalanche-Powered Litigation Tokenization Concept

JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues

A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written…

Continue ReadingJPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues