Quick Take The Block Research tested the gas efficiency of various DeFi projects. Projects in our test include decentralized exchanges, aggregators and lending protocols. This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block.
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.
Quick Take Avalanche (AVAX) is the latest proof-of-stake network to come to the marketplace, officially launching last Monday. The networks C-Chain was made EVM-compatible in order to attract Ethereum developers, allowing them to switch over with little friction. The recently launched PoS blockchain has roughly 234 million AVAX or slightly more than $1 billion staked […]
As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform.New KangenNew kangen announced earlier that they would cooperate with LID Protocol to launch […]
The latest exchange to fall victim to a malicious online attack by hackers is KuCoin, which saw a loss of over $200 million in funds that were drained from the exchange’s hot wallets. A mix of ERC-20 tokens, Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) were taken, and there is no way to identify the […]
The total value locked (TVL) in DeFi projects has reached a whopping $11 billion as Uniswap has now become the first DeFi protocol to have reached a TVL of $2 billion, according to DeFiPulse. The Altcoins market, however, did not see any major developments or changes in terms of prices and market capitalization. Once booming […]
A leaked Telegram discussion by 50 so-called crypto influencers has exposed the extraordinary steps they take in order to profit on the back off unsuspecting defi investors. According to a leaked screenshot of the chat, an elaborate plan to defraud defi investors using the worthless “$Few” tokens had been hatched. $Few tokens would be airdropped […]
Leading DeFi protocol Aave launched the mainnet of its governance platform on September 26 as it takes a step further towards fully embracing decentralization and community governance. With the release of Aave Governance’s mainnet, the Aave team has also finally unveiled its very first, official Aave Improvement Proposals (AIP) for voting. Aave users will vote […]
TRON (TRX) has entered into a strategic partnership with custody service provider BitGo. The cooperation enables Bitcoin and Ethereum owners to enter TRON’s DeFi market easily and quickly. The DeFi market recently reached a new high with more than $13 billion of capital locked in DeFi applications. In addition, the great profit opportunities of DeFi […]
Uniswap Updates: New Widget Allows Users to Trade on Twitter via Uniswap & Is Uniswap Truly Decentralized?
Uniswap has become the DeFi platform to beat in recent months, and its namesake UNI token is one of the most covetable crypto assets this year since its launch a little over a week ago. With this in mind, Maskbook (Mask Network), unveiled an innovative trading widget which allows Twitter users to view token data […]