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“# 3 million active users help lift Audius (AUDIO) to a new all-time high ” As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today’s most used technologies is bound to increase. This means that it’s only a matter of time before video streaming, digital music and social media see gradual…
“# Ethereum gas fees drop as daily DEX and DeFi volumes decline ” The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms…
“# All you can eat: SushiSwap deploys contracts on five new networks ” Major DeFi protocols are moving to cultivate a multi-chain decentralized finance ecosystem, with SushiSwap deploying its contracts on five networks, and Balancer announcing ports onto Moonbeam and Polkadot. On March 3, SushiSwap CTO, Joseph Delong, announced the DEX had deployed contracts on…
“# New staking and governance features back Ocean Protocol’s 40% rally ” Data collection, aggregation and analysis have become some of the largest profit generators for companies like Facebook and Google who have designed an array of algorithms purposed with harnessing user data in order to better optimize the user interfaces of their applications and…
“# Mainnet launch and NFT sale lift Aavegotchi (GHST) to a new all-time high ” Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017. The recent pullback in the cryptocurrency…
“# Unifi (UNIF), StaFi (FIS) and Dego see triple-digit gains afer DeFi listings ” The CBOE has filed an application with the United States Securities and Exchange Commission to list the Bitcoin (BTC) exchange-traded fund proposed by asset manager Van Eck. If the Bitcoin ETF receives a green signal from the regulators, it could boost…
“# 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…
“# 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…
“# Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain ” Alpha Finance Lab (ALPHA) experienced a price breakout on Feb. 25 as a series of significant partnerships has brought renewed interest in the cross-chain DeFi platform. Data from Cointelegraph Markets and TradingView shows that following the announcements, ALPHA price surged to…
“# Fetch.ai spinoff launches decentralized commodities exchange ” Mettalex, a spinoff project of Fetch.ai, announced Friday that it has officially launched a decentralized exchange for commodities trading, offering another compelling use case in how blockchain technology was disrupting traditional finance. The new exchange aims to disrupt the commodities market through blockchain applications and other emerging…