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“# They see ETH rollin’: Why did Ether price reach $3.5K, and what’s next? ” The next few months promise to be exhilarating and decisive for Ether (ETH), as its recent all-time highs above $3,500 put an even bigger spotlight on the cryptocurrency and its smart contract blockchain, Ethereum. As the cryptocurrency markets continue to…
“# Much DAO: Open DeFi unveils DAO to support the entire ecosystem ” Decentralized finance alliance, Open DeFi, has announced it will create a decentralized autonomous organization, or DAO, to support its vision for an open and global cross-chain DeFi ecosystem. The alliance launched in late 2020 with the goal of bringing together Western and…
“# Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network ” The ability to send money to anyone, anywhere, at any time was one of the original motivations behind Bitcoin (BTC) that helped give rise to the expanding cryptocurrency ecosystem that exists today. Blockchain-based global remittance platforms are one sector of crypto projects…
“# Grifter season in DeFi-land, and Uniswap v3 is here! Finance Redefined 4/28-5/05 ” Lots of cons, no artistry It’s grifter season: scams and opportunists run amok, and it’s harder than ever to tell who to trust. Case and point: over the weekend, an influencer by the pseudonym “Crypto Spider” was found to have pumped-and-dumped…
“# ‘DeFi may lead to a paradigm shift’ says Federal Reserve Bank paper ” A paper published by the Federal Reserve Bank of St Louis has delved into the expansion of decentralized finance and Ethereum’s role in it. The research, penned by Dr. Fabian Schär and published on May 2, has taken a deep dive…
“# Will the launch of Uniswap v3 spark a new DeFi boom? ” With the total value locked in decentralized finance on Ethereum now $89 billion, the market is eagerly waiting to see if the launch of UniSwap v3 could be the catalyst for DeFi’s next big bull run. Uniswap v3 promises advanced new features…
“# WAVES price swells to new all-time highs, nearing $4B market cap ” Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape. One cryptocurrency project from 2016 that has seen…
“# Maker Foundation returns dev fund to DAO amid path to decentralization ” The MakerDAO Foundation has returned 84,000 MKR tokens from its development fund to MakerDAO’s governance module, marking a milestone in the project’s path to decentralization. In a May 3 blog post, the foundation notes that “no conditions or expectations” have been placed…
“# Range-bound Bitcoin price opens the door for altcoins to move higher ” Ether (ETH) took charge as a new month begins and the second-largest cryptocurrency by market capitalization rallied to a new all-time high at $3,338. This has many analysts shouting out that a new ‘altcoin season’ has commenced. Meanwhile, Bitcoin (BTC) price is continuing to…
“# DeFi resurgence lifts Maker, Aave and Compound price to new highs ” Analyzing the activity on lending platforms can sometimes be used as a barometer for measuring the sentiment of the cryptocurrency market as a higher number of collateral-backed loans may signal that traders are eager to trade a rising market. The month of…