In August, the DeFi protocols fee accumulation dropped 24% from July. DeFi protocol’s total amount of fee, excluding the base layers is $288 million. This has recorded the lowest since February. In February, the total was $265.18 million. Uniswap led the list with protocol fees of over $85.44 million. August’s
The Shibarium community is known to show a spur of activity apart from being an active cornerstone for the memecoin sector. Shiba Inu, the second largest memecoin in the market often garners market attention with its burn rates spiking multifold. In recent times, as of the last 24 hours, the
The U.S. Securities and Exchange Commission (SEC) has intensified its regulations in the cryptocurrency sector by issuing a Wells notice to OpenSea, a leading NFT marketplace. This indicates that the SEC is considering legal action against the platform, alleging that the NFTs traded on OpenSea might be under unregistered securities.
In the digital age, our daily lives are intertwined with various applications, from social media platforms to online marketplaces. But imagine if these apps didn’t rely on a single company or server. Instead, they operated on a network of computers, each maintaining a shared database. This is where Decentralized Applications
Introducing $FUKU, a Community-Driven Meme Token Celebrating the Bond Between KabosuMama and Fuku-kun, Now Available on Over 10 Exchanges In a move that unites the spirit of the iconic Doge meme with the love of new beginnings, the $FUKU token has officially launched to commemorate the friendship between KabosuMama, the
Kraken, a prominent cryptocurrency exchange, is under increasing legal pressure after a US court rejected its request to dismiss the SEC lawsuit. The most recent court filing states that US District Judge William H. Orrick rejected Kraken’s request and directed the exchange to respond to the “complaint” within twenty days.
This investing season, everyone is asking the same question: “What’s the best crypto to buy now?” Finding the answer requires some research and a bit of math magic. How much yield has the coin offered investors so far? What does the future outlook look like? How has market volatility affected
Vancouver, Canada, 8th August 2024, Chainwire
In the last 24 hours, the cryptocurrency market faced a sharp downturn, with $901.67 million in long positions liquidated. The sell-off, which surged on Sunday, has stemmed to significant losses across major digital assets like Bitcoin (BTC) and Ethereum (ETH). Also, the decline has pushed the global market cap below
Tortola, British Virgin Islands, 2nd August 2024, Chainwire
