Tag: DeFi

Total Value Locked in DeFi Smart Contracts Stays Above $60B Despite Ongoing Market Dump

Amid the ongoing dip in the broader cryptocurrency market, the decentralized finance (DeFi) ecosystem is wielding a major resilience as the combined Total Value Locked (TVL) on major smart contracts stays above the $60 billion all-time high (ATH) level.  According to data from DeFiPulse, a decentralized finance market aggregator, the TVL in dollar terms have […]

Continue Reading

On-Chain Analysis: Why UNISWAP (UNI) Price is Poised to Cross $50 By End of May

Decentralized Finance (DeFi) and Automated Market Maker (AMM), Uniswap is poised to see an increased run in its price following the bullish tickers from both the coin’s fundamentals as well as on-chain metrics. As the entire cryptocurrency and DeFi ecosystem sojourns to new heights, Uniswap and its native token ‘UNI’ also appear to be recording […]

Continue Reading

6 Ways to Avoid Losing Your Funds to DeFi Scams in 2021

The DeFi industry is booming, and there are no two ways around it. Ever since the summer of 2020, dubbed by many the ‘DeFi summer,’ the total value locked in various protocols is increasing, while the volume on decentralized exchanges and automated market makers is skyrocketing as well. However, this has also substantially increased the […]

Continue Reading

FIFA World Cup Champion Pelé NFT Collection to Drop on Ethernity Chain

The sector of non-fungible tokens has reached the living soccer legend, Pelé. The Brazilian will have his own NFT collection honoring his legacy, dropping on May 2nd on the popular Ethernity Chain platform. 90% of the proceeds will be donated to the Pelé Foundation. Pele’s Legacy to Live as NFTs Edson Arantes do Nascimento, better […]

Continue Reading

DeFi Digest: MEV Projects

Quick Take Disclaimer: The Block Research team has, is, and will be experimenting with the various protocols, projects, and applications mentioned in this series. The projects mentioned in our reports are not recommendations from our team and should not be misconstrued as investment advice. Many projects that appear in this series are highly experimental and, […]

Continue Reading

Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

During the first week of April, Bitcoin.com News reported on the sidechain project Smart Bitcoin Cash Project (Smartbch), as the community has been very excited about this new venture. Smartbch aims to connect Ethereum’s EVM and Web3 APIs to a smart sidechain built using the Bitcoin Cash network. On April 7, 2021, Smartbch’s lead developer […]

Continue Reading

On the Modularization of Decentralized Governance

Quick Take Decision-making in crypto protocols has primarily been done via democratic token voting (with the added ability to delegate to others). Voter apathy and a large concentration of tokens lead to a handful (or even a single) voters being able to push decisions through unilaterally. For functions that are not automatable, protocols are moving […]

Continue Reading

The Money Roundup: Making Cents of Blockchain Fundraising News

From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from all industry corners. To introduce more tools and complementary services to the ecosystem, the recipients of these capital allocations are endeavoring to promote greater adoption by removing many existing participation obstacles and taking a more […]

Continue Reading