Holders have chosen to exclusively HODL their AAVE. There has been a steady decline in the average balance on addresses. A DeFi project’s consistency of use is more important than adoption. Over the last month, the enthusiasm around DeFi has dwindled dramatically, which has had a severe impact on several
December 18, 2021 1 min read
Polygon Token Swap, new functionality introduced to its native wallet. On-chain analytics firm IntoTheBlock reported a massive 112 percent rise. An Ethereum whale, which ranks 453rd among the 1,000 biggest Ethereum wallets, just made a purchase. In the past 22 hours, it purchased 2,490,000 MATIC tokens valued $4,631,400. 🐳 An
December 16, 2021 2 mins read
Investors will need 60 seconds to get started with crypto mining. All thanks to ChickenFast. The cloud mining platform with an intuitive user interface. The team behind ChickenFast has years of experience as they have been working in the sector since 2015. It made the crypto mining process easier by
December 16, 2021 2 mins read
Elon Musk has often referred to Dogecoin as his favorite digital money. The price of the cryptocurrency rocketed to record heights early this year. On Tuesday, Elon Musk’s revelation that Tesla will accept Dogecoin as payment for certain products caused a 20% increase in the meme-inspired cryptocurrency. “Tesla will make
December 14, 2021 2 mins read
Hodlers of LUNA can now buy, swap, earn, and borrow with Nexo’s platform News reports that LUNA is now listed on the Nexo platform giving users a chance to enjoy many benefits. With this initial launch, purchasing assets via the Nexo Exchange is the only way Nexo users can add
December 13, 2021 2 mins read
The SafeMoon price dropped 63%, slicing through the September 28 swing low. SafeMoon is now trading at $0.000002, which is the resistance level. On December 4, the SafeMoon price fell along with the market. In the process, it sank below a critical support level and into oversold territory. The SafeMoon
December 13, 2021 1 min read
As the world comes of age in the digital landscape, many industries are evolving to integrate digital solutions. Most notably, there is an emerging asset class dubbed ‘digital assets’ which is now a fundamental asset in several companies. Digital assets are typically components that businesses use to grow their online
December 12, 2021 5 mins read
The Modi administration is considering legislation to regulate their use. The Bill will be presented to the Indian Parliament for consideration. United States President Joe Biden hosted a two-day virtual “Summit for Democracy” on December 9-10, drawing representatives from over 110 countries. China on Thursday accused the United States of
December 12, 2021 1 min read
Upon reaching its 1,317,500 block, Syscoin has announced that Phase 1 has officially completed, making the launch of their smart-contract chain. ”Syscoin will utilize the best features of the top two cryptocurrencies, namely Bitcoin and Ethereum. Hence, Syscoin will provide the security offered by Bitcoin while maintaining the programmability of
December 6, 2021 2 mins read
Currently, Solana hosts around 350 projects. The non-fungible token (NFT) market is Solana’s recent hot topic. Investors are intrigued by Solana for several reasons. Investors are very excited about cryptocurrency’s success so far this year. Moreover, blockchain technology by Solana is unique. A hybrid proof-of-stake and proof-of-history consensus procedure are
December 4, 2021 1 min read
