Tag Archives: DeFi

[ad_2][ad_1] The average transaction fee paid to transact on the Ethereum network has been steadily declining since mid-September, as interest in the decentralized finance ecosystem (DeFi) has stalled. According to data from BitInfoCharts, the average transaction fee on Ethereum reached a new all-time high near $ 15 earlier this year …

[ad_2][ad_1] The Flare Networks based DeFi protocol will launch 6 products to add utility to the XRP digital asset and Spark token. Flare Finance products will use a multi-token ecosystem to provide governance and rewards to their users. In early October, Flare Finance announced the launch of the testing phase …

[ad_2][ad_1] There are a few weeks left until the system-wide Ethereum 2.0 update. As the scheduled update date approaches, the price of ETH continues to rise. Ethereum (ETH), the second largest cryptocurrency in the world by market capitalization and adoption, grew 15% last week (trading at just over $ 400), …

[ad_2][ad_1] In the letter The volume of decentralized trading has decreased over the past month. One analyst thinks it’s because DeFi incentives have declined. A saving grace? The price boom this week. Volumes on Ethereum-based decentralized exchanges fell off a precipice this month. Trading volume has dropped 41% over the …

[ad_2][ad_1] With Bitcoin’s price successfully breaking through the $ 12,000 barrier after PayPal announced it would be venturing into digital assets, October is delivering the excitement that September failed to deliver. And with chain and market data continuing to show bullish signals for Bitcoin (BTC), experts believe a 2017-style rally …

[ad_2][ad_1] Bitcoin retreated from its 2020 highs as the ether slips as DeFi cools. Bitcoin (BTC) traded around $ 12,919.97 at 20:00 UTC (16:00 ET). Down 1.36% compared to the previous 24 hours. Bitcoin 24 Hour Range: $ 12,731.06- $ 13,192.25. Bitcoin’s price took a slight dip on Friday after …

[ad_2][ad_1] A few weeks ago a CoinDesk headline, “Why Hard Nosed Bitcoiners Can Learn to Love DeFi,” caught my eye. The title was designed for controversy. Decentralized finance (DeFi) seems to be all that Bitcoiners reject: useless tokens created for random projects and quick money taking driven by ponzinomics. All …

[ad_2][ad_1] The Coinbase and Circle-backed CENTER consortium announced Wednesday support for its USDC stablecoin on the Solana blockchain, marking the fourth blockchain integration of the dollar-backed asset, following Ethereum, Algorand and Stellar, announced just a week ago. Compared to Ethereum’s approximate rate of 15 transactions per second (TPS), Solana offers …

[ad_2][ad_1] Dash owners will soon be able to access a wide range of decentralized finance services, or DeFi, through a partnership with StakeHound. According to an announcement on Monday, tokens that are deposited with StakeHound will also earn network rewards through Dash’s Masternode system. To take advantage of the burgeoning …

[ad_2][ad_1] In the letter Ethereum transaction fees are decreasing. This could mean that there is less activity on the blockchain. And that this summer’s hype around DeFi is coming to an end. The average price of a file Ethereum transaction it hit its lowest price since mid-July, when this summer’s …