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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…

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Ethereum’s Hashrate Hits New Highs as Miners Resume Operations Outside China

Ethereum’s hashrate has recently reached a new all-time high (ATH) as miners have resumed operations despite the hostile approach undertaken by Chinese authorities earlier this year. China Clampdown Disrupts Ethereum’s…

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Institutional traders flock to Solana as demand for ETH and BTC flattens

Institutions were betting big on Solana investment products last week, with SOL-tracking products attracting 86.6% of institutional inflows to digital asset products last week.

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MoneyLion to Offer Cryptocurrency Services to Its Clients Starting With Bitcoin and Ethereum

The American fintech company – MoneyLion – announced it would enable users to trade digital assets via its all-in-one financial services application. While initially clients would be able to operate…

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Cardano Successfully Applies Alonzo Hard Fork; Adds Smart Contract Capabilities to Its Blockchain

Cardano, the third cryptocurrency ranked by market cap, has successfully applied the “Alonzo” hard fork, adding smart contract capabilities to its functionality. The update, that had been deployed in testnet…

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