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COVER Isn’t Covered: Devs Abandoned the DeFi Insurance Protocol, Token Plunged 16%

Following the announcement by core contributor “DeFi Ted,” COVER price plummeted 16% as trading volumes soared. Cover Protocol, a DeFi insurance cryptocurrency minted on Ethereum, will no longer receive support…

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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…

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Dex Aggregator 1inch Partners With NFT Animated Series ‘Take My Muffin’

On September 3, the decentralized exchange (dex) aggregation platform 1inch announced the project has partnered with the animated series “Take My Muffin.” The multimedia animated series aims to be co-created…

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Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi

Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway.

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SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report

According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is…

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