Category: MATIC

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…

NFT Marketplace Opensea Raises $100 Million — Firm Becomes A Blockchain Unicorn

Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital…

Polygon-Based Defi Stablecoin Safedollar Plunges To Zero — Team Is Investigating Exploit

The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as…

Billionaire Mark Cuban Commends Defi Economy Dubbing It The ‘Next Great Growth Engine’

On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog.…