According to AlphaScan data on December 12, social media activity on Injective Protocol (INJ) has steadily increased in the past day and week. This surge in interest has propelled INJ to the second-most mentioned token on social media, trailing only Bitcoin (BTC). Injective Social Media Activity Rising Specifically, data reveals that INJ received nearly 30% of…
Yield refers to the earnings generated and realized on a security over a period of time. It is expressed as a percentage based on the invested amount and includes the interest earned or dividends received from holding a particular security. In the legacy financial world, yields are typically generated from stocks in the form of…
Kai is a core contributor to RAILGUN, a DeFi privacy toolkit powering a rich on-chain Zero-Knowledge privacy ecosystem. Why you should listen Transactions on public blockchains like Ethereum are viewable on the ledger. Whilst blockchains are a huge technological advancement for financial freedom, they have fundamental shortcomings in protecting the human right of privacy, which…
Crypto investor Ryan Sean Adams argued on December 4 that Ethereum’s (ETH) current valuation of around $2,200 is almost “hilarious” given the strengthening on-chain activity and the blockchain’s role in the sphere. Venture Capitalist: Here’s Why Ethereum Is Grossly Undervalued Adams cited data like the first smart contract platform generating billions annually in “gas” fees, transitioning to…
On December 1, dYdX, the layer-2 decentralized exchange, will unlock 150 million DYDX worth roughly $478 million to early investors and core team members. This substantial unlock has raised concerns among investors, who fear the influx of fresh tokens could substantially increase supply. If this is not matched by high demand, DYDX prices will likely pull back,…
Maksim Hramadtsou is the founder and CEO of GoodCrypto and goodcryptoX - a next-generation non-custodial DEX trading platform that revolutionizes DEX trading with the help of ERC-4337 Account Abstraction and Smart Contract Wallets. Why you should listen Maksim founded GoodCrypto in 2018, an all-in-one crypto portfolio manager and multi-exchange trading terminal. GoodCrypto supports 35 centralized…
Blast is the latest Layer 2 network to burst into the scene in the last week and has taken the decentralized finance (DeFi) world by storm already. This network which seemingly came out of nowhere has backing from Paradigm, and as its popularity has risen, it has surpassed Base and Cardano’s Total Value Locked (TVL)…
In an interesting line of events, Ethereum-based DeFi project Indexed Finance recently faced and triumphed over a dual hijack attempt of the protocol DAO’s treasury. Following this development, the project’s founders will now re-assume control from the DAO. In a thread on X on Saturday, Laurence Day, a former executive at Indexed Finance, shared two…
Decentralized finance (DeFi) activity on Ethereum is picking up momentum based mainly on how gas fees have been trending in the first three weeks of November, data from Kaiko shows. Even so, despite Uniswap (UNI) spearheading the revival, looking at the gas attributed to its activities over this period, UNI prices remain stagnant below $5.6, with…
All Aave v2 markets are now operational, the team behind the non-custodial liquidity protocol announced in a November 13 post on X. This a day after v3 markets were unfrozen following the approval from the community. Aave is a platform where users can supply liquidity in exchange for rewards while borrowers are free to take…