There has been a lot of debate around decentralized exchange Uniswap and the DeFi Education Fund (DEF). This entity received $20 million or 1 million UNI, the protocol’s native governance token, to be lobby and increase the DeFi sector level of adoption. The funds are to be liquidated in 4 to 5 years. The proposal…
While the crypto market has been bleeding out, Axie Infinity (AXS) records a 112% rally over the past week and a 14.7% profit in the daily chart. Bears are in disbelief, as this Non-Fungible Token (NFT) based platform continue to gain popularity, users, and moving to the upside. AXS with small profits in the daily…
IOTA has undergone one of its most important milestones since its inception, on April 29th the Chrysalis Network went live. Improvements in efficiency, security, and scalability were deployed. While developers work on its next major event, the Coordicide, the IOTA-based ecosystem keeps growing. As part of Chrysalis, new dApps have made their way into the…
Investors have been jumping into Axie Infinity (AXS) in a rush to leverage future upside. This ERC-20 token and its protocol could be the beginning of a new mania in the crypto space and a game-changer for the videogame industry. Inspired by the popular game Pokemon, Axie Infinity allows players to explore in an open-world…
Tokenized risk protocol BarnBridge (BOND) continues to innovate in the DeFi sector. Via their Twitter handle, this project has announced a new partnership to integrate with the Chainlink Keeper Network, a solution that enables smart contracts to be Upkeep by Keeper nodes, on Ethereum mainnet. In other words, BarnBridge can overcome its smart contract limitation,…
The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC…
The second biggest stablecoin by market capitalization is already a multi-blockchain project. Soon, though, USDC will live almost everywhere. According to Coindesk, it will soon be available in, “Avalanche, Celo, Flow, Hedera, Kava, Nervos, Polkadot, Stacks, Tezos, and Tron.” That will bring the total to 14; since USDC is already functional in Ethereum, Algorand, Stellar,…
The press releases are on fire today as Polygon has announcements firing out left and right. The platform has announced ‘Avail’ – described as “a robust general-purpose scalable data availability layer”. Additionally, the platform announced the launch of yield aggregator Pickle.Finance. Polygon’s Latest: Avail In a press release to kick off the week, Polygon has…
Ethereum could reach $20,000 by 2025 according to a Finder’s panel. Ethereum has since been gaining momentum, starting out at $1,000 at the beginning of the year and reaching an all time high of $4,196.63, according to Coin Metrics. Before losing steam and dropping down to its current price at $2,400. Clocking an average growth…
Mark Cuban has been publicly bullish on Ethereum and DeFi. The billionaire has gone all-in on this sector. He believes dApps have great potential to build a new financial system. However, some protocols carry higher risk, sometimes that leads to a higher reward or a bigger loss, as Cuban himself just discovered. The billionaire got…