Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip. LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts. Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi […]
Quick Take Opium.exchange has brought credit default swaps to crypto. The firm’s newest CDS product is tied to wBTC. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.
On 15th July, Zeus Capital LLC, published a research report titled, ‘The Chainlink Fraud Exposed.’ The allegations against SmartContract, the developer of the protocol includes illegal security offering, centralized governance and control, fake marketing, bogus partnership announcement and what not. Logic would demand a steep fall in prices after such a revelation. However, after running […]