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“# Aavegotchis sell out in under one minute as NFT euphoria continues ” After a string of delays related to congestion on the Ethereum blockchain, the Aavegotchi nonfungible tokens have hit the open market — where they stayed for not even a full minute, the team reported to Cointelegraph. The Aavegotchi project attempts to create…
“# Enterprise meets DeFi: Organizations work toward adopting blockchain tech ” Decentralized finance is quickly maturing. While the total value locked in DeFi is over $45 billion, financial institutions and large corporations are starting to implement DeFi concepts to automate business processes. This is known as “enterprise DeFi.” For instance, invoices and other financial products…
“# Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise ” The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin (BTC) price steadily climbed from a low of $43,537 on Feb. 28 to a high of $49,200 during today’s early trading hours. As traders get…
“# Ethereum and DeFi are forcing smart contract platforms to evolve ” The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year. Most decentralized finance…
“# Fantom brushes off network outage with another 30% price surge ” The decentralized smart contract platform Fantom (FTM) continued its resurgent rally to the tune of 32% on Monday, despite a temporary network outage that saw the blockchain stop producing blocks for seven hours. Fantom emerged among the top 100 in the market cap…
“# Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol ” Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product. On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on “a…
“# 3 reasons why Reef Finance, Bridge Mutual and Morpheus Network are rallying ” As new institutional and retail investors enter the cryptocurrency space on a daily basis, large-cap top performers like Bitcoin (BTC) and Ether (ETH) attract the lion’s share of investor’s attention as they are the well-known ‘secure’ blockchain projects. Once these new…
“# Transaction batching protocol Furucombo suffers $14 million “evil contract” hack ” The latest “evil contract” exploit has netted an attacker over $14 million in stolen funds. Furucombo, a tool designed to help users “batch” transactions and interactions with multiple protocols at once, fell victim to the attack which centered on token approvals from users….
“# Here are 6 DEX tokens that have seen exponential growth in 2021 ” DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens and projects. While there have been previous iterations of DEX…
“# What DeFi needs to do next to keep institutional players interested ” The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have. There is undoubtedly a trend in the market toward greater…