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Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week High

NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today’s surge sent NEXO to a multi-week…

Continue ReadingBiggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week High

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody…

Continue ReadingTron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon

Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins…

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Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack

The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number…

Continue ReadingValue Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack

Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more…

Continue ReadingValue Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses