Wed, November 13

Compound (COMP) Shoots Up, Gains 12% In 24 Hours!

Compound (COMP) gains more than 12% in 24 hours. Reaches price of $215.07 from low of $183.62. At the current pace, the COMP target will be $250. The Compound (COMP) is one of the most anticipated altcoin, based on the Decentralized Finance (DeFi) protocols.  The native token of the Compound

December 18, 2021 2 mins read

Top 3 DeFi Projects by Market Cap

Uniswap leads the list with a 30% market share of $13.4B. PancakeSwap enables users to swap BEP20 tokens for CAKE. Let’s look at the top 3 DeFi projects by market cap of Q3 2021. Uniswap (UNI) Uniswap is a well-known decentralized trading mechanism for automated DeFi token trading. This year’s

November 26, 2021 1 min read

DeFi to grow 100X Within 5 Years

DeFi current growth rate is massive. Entire DeFi market will grow 100X in a short span of 5 year. DeFi services transactions on Ethereum (ETH) platform increase every day. We all know the evolution of the cryptocurrency industry and so blockchain technology too. Ever since blockchain technology came into play,

November 7, 2021 2 mins read

DeFi Protocol bZx Bleeds $55M Hack Again!

bZx DeFi lending protocol sufferers hack again. Losses $55 million to the hack. This corresponds to the 3rd hack upon the bZx platform this year alone. Just when I thought things are finally getting smooth upon the crypto industry and the market, another news of hacking came up. In recent

November 6, 2021 2 mins read

Top 3 DeFi by Volume: LINK, LUNA, DAI

The top 3 defi by volume are LINK, LUNA, and DAI. Chainlink enables blockchains to securely interact with external data feeds. DAI development is managed by Maker Protocol and the MakerDAO. The top 3 decentralized finance (DeFi) by volume are Chainlink(LINK), Terra (LUNA), and Dai (DAI). 1. Chainlink (LINK) The

October 15, 2021 2 mins read

DeFi’s Bullish Outlook Surpassed Blockchain and NFTs

Decentralized Finance (DeFi) is now emerging at a lightning speed providing the users to experience digitized financial services. Through this, DeFi’s contribution is expanding resulting in a rise in the crypto market capitalization. Grabbing the attention of the users into the digital space, DeFi is now incredibly succeeding the crypto

October 10, 2021 2 mins read

DeFi Touches $200B, Is DeFi the Future?

Overall DeFi platform touched a TVL of $200 billion this week. Most of the DeFi tokens surged were based upon the Ethereum blockchain. DeFi Llama predicts for the first time DeFi has crossed the $200B mark. With the rise of the crypto industry and the blockchain technology, many attributes have

October 9, 2021 2 mins read

StakeSteak Gets Hacked Through a Private Key, Loses $200,000

Despite community efforts, trading volume rose by 1,062%. Users will be reimbursed when the new STEAK tokens are issued. StakeSteak, the Fantom network’s decentralized financial system, collapsed by 99% overnight due to an exploit found in its GitHub files. Among the publicly available files was a private key that had

October 6, 2021 2 mins read

Top TVL Gainers in BSC Ecosystem in Last 7 Days

Top TVL gainers in the BSC ecosystem are ANN, BABY, JAWS, DOP. CHESS, HUNNY, HELMET, CAKE, CSS, ALPACA The top 10 TVL gainers in the BSC ecosystem in the last 7 days are Annex Finance (ANN), BabySwap (BABY), AutoShark (JAWS), Dopple Finance (DOP), Tranchess (CHESS), Pancake Hunny (HUNNY), Helmet.insure (HELMET),

September 23, 2021 3 mins read

Ethereum Currently Leads the TVL (Total Value Locked) in DeFi

Uniswap commanded $9,620,102,739 in swaps last week. There are 270,783 bitcoin in TVL. The total value locked (TVL) in decentralized finance (DeFi) has grown significantly to $171 billion in mid-September. There are 270,783 bitcoin in TVL valued at over $13 billion on the Ethereum network, and $15 billion has been

September 20, 2021 2 mins read