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Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days

One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain.…

Continue ReadingUniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days

Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign

The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the…

Continue ReadingValue Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign

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

Ethereum Has Burned More Than a Million ETH Over the Last 3 Months

111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto…

Continue ReadingEthereum Has Burned More Than a Million ETH Over the Last 3 Months

Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains

While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top…

Continue ReadingGames Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains