The Harmony blockchain fell victim to one of the most infamous hacks in decentralized finance (DeFi) history and the fallout from that attack in 2022 saw the ONE price tank tremendously, losing over 98% of its all-time high value. However, one year later, the cryptocurrency seems to be making a comeback as investors and traders…
In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam. This is a reason, in Sassal’s view, to buy even more ETH ahead of the expected bull run.…
According to Lookonchain data on December 20, whales are actively accumulating Chainlink (LINK) and Polygon (MATIC) and moving them from Binance, one of the world’s largest cryptocurrency exchanges by trading volume. Citing on-chain transfers, Lookonchain notes that LINK is specifically seeing significant accumulation from a fresh wallet labeled “0x8eAD,” which has withdrawn 247,860 LINK worth approximately…
As 2024 approaches, crypto analytics firm Nansen offers insightful predictions for the crypto sector, anticipating significant developments and shifts. Despite cautious optimism, they acknowledge a 10-20% chance of inflation resurgence after the US Federal Reserve (Fed) pivot, potentially impacting crypto prices. Related Reading: Ethereum Price Close Below $2,120 Could Spark Larger Degree Decline As of…
Claude Eguienta is the Chief Executive Officer at Mimo Capital, a company that creates protocols providing tokenized real-world assets. So far, it has created the Kuma and Parallel protocols. Kuma is a DeFi protocol that provides tokenized real-world assets. The Parallel protocol is a lending platform for overcollateralized stablecoin loans. Why you should listen Kuma…
Thor Hartvigsen, a data-driven decentralized finance (DeFi) researcher, is questioning the appeal of Injective Protocol, a layer-1 platform whose creators say is designed to expressly power finance. As of December 2023, INJ, the native currency of Injective Protocol, is one of the top-performing coins, surpassing Bitcoin (BTC) and Ethereum (ETH). Is Injective Protocol Undervalued Based On…
Jeff Owens is co-founder of Haven1 - an EVM-compatible layer 1 blockchain designed to offer a secure, trusted environment to drive the mass adoption of on-chain finance. DeFi with training wheels. Why you should listen Incubated by the team behind digital wealth platform, Yield App, Haven1 incorporates a provable identity framework and robust security guardrails…
In decentralized finance (DeFi) and trading, Uniswap has long reigned as a dominant force. However, a recent analysis by Lark Davis, a Bitcoin (BTC) investor, seems to suggest Trader Joe, a decentralized exchange (DEX) on Avalanche–a highly scalable blockchain and Ethereum’s competitor, could eventually emerge as a formidable competitor, even overtaking Uniswap. Is Trader Joe…
Shibarium, the Ethereum-based layer 2 blockchain solution from the Shiba Inu team, has achieved yet another major milestone, showcasing growing strength within the platform. Shiba Inu Shibarium’s Latest Important Milestone The Shiba Inu layer 2 platform has recently crossed a significant milestone in terms of total transactions processed as total transactions have increased dramatically over…
Gabriel Barros is a Developer Advocate at Cartesi, an app-specific rollup protocol with a virtual machine that runs Linux distributions. At Cartesi, he delivered its Proof of Stake pool staking system, and now is working on Developer Relations, fostering the ecosystem of Cartesian developers. Why you should listen Cartesi is an app-specific rollup protocol with…