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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Telos Launches Most Powerful EVM And Combats Insider Trading in Crypto Market

Many people were over-excited when the news about Ethereum 2.0 broke out. However, the upgraded system to the already existing Ethereum blockchain has not fixed issues associated with transactions, scalability, and sustainability.... Read more »

Ethereum Supply on Exchanges Diminish to 12%, Signifying a Holding Culture

Despite retracing from an all-time high (ATH) price of $4,860 recorded earlier this month, Ethereum supply on exchanges continues to nosedive. On-chain analyst Matthew Hyland confirmed: “The amount of Ethereum supply... Read more »

DeFi Users on Ethereum Hit 4M for the First Time

The decentralized finance (DeFi) sector has played an instrumental role in Ethereum (ETH) adoption. For instance, Ethereum DeFi users reached a historic high of 4 million, according to Dune Analytics.  The market... Read more »
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Crypto Market Overview: BTC, ETH, Top Metaverse Coins

The “metaverse” term is often attributed to Neal Stephenson’s 1992 novel Snow Crash, which depicted lifelike avatars meeting in realistic three-dimensional buildings and other virtual reality environments. The metaverse, however, is far... Read more »
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Ethereum Fees Have Grown 10-Fold Since Q4 2020, Showing High Demand and Willingness to Pay

High gas fees have grappled the Ethereum network throughout 2021, given that it has increased by ten times since the fourth quarter of last year. Market insight provider IntoTheBlock explained: “For... Read more »
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Here Is Why Crypto Is Still The Best Asset Class, Top Altcoins to Buy Before 2022

Despite recent crypto market turbulence, 2021 was a success year for the crypto industry, with Bitcoin and Ether reaching new all-time highs, growing adoption, and the birth of new industries such as... Read more »
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Ethereum Miners Revenue Percentage Reaches Monthly Low

Ethereum users recently got a sigh of relief as the median fees dropped to $5.50 per transaction from highs of $34.18 last month. This has in turn made the percentage of miner... Read more »
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Kraken Exchange Acquires Non-Custodial Staking Platform Staked

In what stands as its fifth acquisition for the year, the Kraken trading platform has acquired Staked, a non-custodial staking platform for an undisclosed sum. As announced by Kraken, the acquisition is... Read more »
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NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.   The purpose... Read more »
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Cosmic Guild Secures $1.5M in Seed Funding Led by Binance Labs

Metaverse gaming platform Cosmic Guild raised a sum of $1.5 million in seed funding led by Binance Labs – the investment and innovation incubation arm of Binance. As announced by the trading... Read more »

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