In January of this year, DefiLlama reported that DeFi TVL had reached $250 billion. Despite the decrease in TVL, August saw a 3.7% increase in activity based on DeFi. Current findings from DappRadar indicate a 10.47% decrease in the total value locked (TVL) throughout the DeFi ecosystem in August. At
September 10, 2022 2 mins read
To illustrate how blockchain gaming has emerged as the frontrunner of the next web3. DappRadar is the global app store for decentralized applications has released its Blockchain Games Report #7. Which focuses on the most noteworthy recent advancements in the space. As per the report, the average number of Unique
September 8, 2022 2 mins read
In an effort to accelerate the use of blockchain technology, Orbs is extending its operations to The Open Network (TON). It is a major step in Orbs’ objective to aid developers in creating superior decentralized protocols and solutions, and the first non-EVM L1 solution it has supported. Between the L1/L2
September 7, 2022 1 min read
The present inflation situation is a key aspect of his forecast. The Federal Reserve has been increasing interest rates. There has been a severe drop in the cryptocurrency market yet again. Extremely negative patterns may be seen in the Bitcoin price. Its price dropped by about 6% in the previous
September 7, 2022 2 mins read
The cryptocurrency industry as a whole will benefit from the Ethereum Merge. The last significant update before the transition, Bellatrix was completed. According to Polygon Network, the impending Ethereum Merge will eliminate almost 99.1 percent of the network’s carbon footprint. With the impending Merge, it will be significantly less harmful
September 7, 2022 1 min read
Meirelles is all set to join Binance’s advisory board. In 2003, Henrique Meirelles was elected president of the Central Bank of Brazil. Despite the ongoing Crypto Winter, the world’s biggest exchange by trading volume, Binance, is making strides to grow its staff. A former governor of Brazil’s central bank has
September 6, 2022 2 mins read
PwC Venezuela’s Twitter now has over 37,000 followers. Links directed to a website pretending to represent Ripple and offering free XRP. PwC Venezuela’s Twitter account was hacked and used to advertise a fake crypto giveaway. The Twitter account started the blatant hoax at 2:13 AM UTC by sending links to
September 5, 2022 1 min read
This wave of layoffs follows a round of reductions at 2TM in June. The business laid off 90 people, or 12% of its total workforce of 750 previously. In light of the ongoing crypto winter, 2TM, the parent business of the Latin American exchange Mercado Bitcoin, has announced the second
September 5, 2022 1 min read
The sharp increase in crypto assets in 2021 only portended a sharp decline in asset prices. NFTs, especially those that are artistic, only started to gain popularity in 2021. If 2020 and 2021 were the falls and summers of crypto, it’s clear that 2022 is crypto’s winter. For people and
September 5, 2022 6 mins read
Binance was subpoenaed to provide any and all data pertaining to any and all files. Exchanges must register with the Treasury Department and adhere to AML rules. Binance was requested by U.S. authorities to hand over records. This was pertaining to the company’s anti-money laundering measures, as well as messages
September 4, 2022 2 mins read
