1% of wallets alone hold no less than 80% of all LINK tokens. According to Glassnode, this centralization of cryptocurrencies between a few holders has been increasing over the last 2 years. In terms…
Participation in the DeFi and staking ecosystems has experienced explosive growth over the past year, with the combined sectors currently representing more than $50 billion in value. DeFi’s…
Decentralized Exchanges (DEX) compete fiercely for liquidity providers. SushiSwap and Bancor are offering increased rewards to attract these funds. And Uniswap is currently the big loser. DeFi, your…
MakerDAO can be satisfied. Its stablecoin, the dai (DAI), now has a total capitalization of one billion dollars. “One billion dai in circulation is a significant milestone,” says the…
Is DeFi losing steam? Numbers seem to indicate the contrary! The total value of cryptocurrency engaged in decentralized finance (DeFi) now stands at 13.7 billion dollars. As for the number of users,…
Popular Crypto lender Celsius is planning to undertake a series of experiments in the next few months which would decentralize some of the organization’s processes and operations. As of now,…
DeFi space has been buzzing with activity ever since the DeFi summer took over. Protocols after protocols came into being, some hugely successful while others disappeared without a trace. But Asset…
The equivalent of $2 billion in Bitcoin has been tokenized for use on the Ethereum blockchain and the DeFi protocols it hosts. This is a way for Bitcoin holders to make their cryptocurrencies grow…
Aave has announced the last leg of the hand-off of admin control of its protocol to the community of Aave token holders. Ever since July Aave has been perpetually testing its decentralized governance…
Many decentralized protocols launched this year have tasted roaring success while a few have even sent down the dumps because of poor fundamentals. It is apparent that when a protocol on launch does…
Harvest Finance has been hacked, and the $24 million DeFi hack has once again exposed the vulnerability of the entire DeFi ecosystem. Harvest Finance is a known yield aggregator that provides…
DeFi summer was one of the best periods in the cryptocurrency sector, but as we can all observe, the DeFi hype is dissipating somehow, yet the total value locked in the various financial protocols…
