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Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi — a measure of the total value of assets committed to the DeFi ecosystem — has been approaching the $40-billion mark this month, which indicates […]
» Read more Strong hands view a correction in an uptrend as a buying opportunity and data from CryptoQuant shows that Bitcoin (BTC) whales have been buying near $48,000. This activity can be seen in the large Coinbase outflows, most of which went to custody wallets and this suggests that the institutional investors […]
» Read more Major DeFi protocols are moving to cultivate a multi-chain decentralized finance ecosystem, with SushiSwap deploying its contracts on five networks, and Balancer announcing ports onto Moonbeam and Polkadot. On March 3, SushiSwap CTO, Joseph Delong, announced the DEX had deployed contracts on xDai, Moonbeam Network, Binance Smart Chain, Polygon (previously […]
» Read more A report compiled by a Swiss venture capital company has revealed that the value of the largest fifty firms operating in the country’s famed Crypto Valley has increased by 680% since July 2020. The Top 50 Report, from Zug’s Crypto Valley Venture Capital, or CV VC, found the valley’s 50 […]
» Read more A three-year-old lawsuit accusing Nvidia of “misrepresenting $1 billion in sales” of crypto mining hardware during the 2017/2018 bull run came to a close on Mar. 2, with a California district court judge ruling in favor of the GPU manufacturer. The lawsuit alleged Nvidia misled investors by overstating demand from […]
» Read more On Feb. 20, Ether (ETH) price rallied to a new high at $2,015, and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether’s year-to-date 176% gain, these warning signs should not be ignored. One of the primary driving factors of […]
» Read more One of the biggest debates taking place on a global scale relates to energy production and the integration of renewable energy sources into an electrical grid dominated by carbon-based fuels and nuclear power. Energy Web Token (EWT) is one project that is growing in popularity as it aims to integrate […]
» Read more The United States IRS has clarified that crypto investors who only purchased digital assets using fiat and did not sell during 2020 do not need to report said activities. Source: Read Full Article
» Read more Curve Finance is up nearly 30% in 24 hours after traders rallied into the wrong market in response to news that PayPal may have acquired the crypto custodian, Curv. Source: Read Full Article
» Read more Ethernity Chain, a community-oriented nonfungible token platform, is partnering with graphic artist BossLogic to launch an exclusive line of tokenized art pieces for the community. Under the new agreement, BossLogic will create 2,500 NFTs exclusively for the Ethernity Chain network. Each NFT will be priced at 0.299 Ether (ETH). The […]
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