Category: DEFI

Valuation Of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% In 12 Months

Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the…

As Crypto Economy Slumps, Total Value Locked In Defi Continues To Rise

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values…

Countdown To Cardano’s Hard Fork: Goguen Phase Smart Contracts ‘Represent A Big Step Forward’

The digital currency network Cardano is two days away from the upcoming hard fork on September 12 and the community is expecting to see functional smart contracts. These can be…

Balancer Protocol Reveals Partnership With Wallstreetbets Defi Project Wsbdapp

On Wednesday, the programmable liquidity platform Balancer Protocol announced the project has partnered with the Wallstreetbets defi project Wsbdapp. The announcement details that the two projects will collaborate in order…

Meet The First BCH Dex Built On Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps

Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The…

Standard Chartered Report Structurally Values Ethereum At ‘$26K To $35K’

A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and…

ETH 2.0 Contract Exceeds 7.4 Million Ether, Close To $30 Billion Locked, Liquid Staking Pools Grow

The Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest…