Tag Archives: DeFi

[ad_2][ad_1] On Wednesday and Thursday, there was a clear sense of capitulation among investors in Ethereum’s top DeFi tokens. CryptoSlate’s market data shows that, therefore, the major coins related to this space were plummeting lower than a dozen percent with no relief. Yearn.finance (YFI) fell more than 20% within one …

[ad_2][ad_1] The volume of the DeFi market is about to reach a new all-time high and currently stands at $ 12.13 billion. Wall Street firm Jump Trading holds a total of 6 different DeFi and utility tokens due to the promising prospects for success. In addition to the sharp rise …

[ad_2][ad_1] Even after a sharp correction in decentralized finance (DeFi) currencies, it is clear that capital flows into this space. The total value locked in DeFi contracts recently hit $ 12 billion according to DeFi Pulse data. At the start of the year, this metric was closer to $ 400 …

[ad_2][ad_1] Ethereum fees are down as DeFi markets cool The DeFi bubble appears to be slowing in the final months of 202, with fees and confirmation times falling return to less formidable levels. “ETH fees are very low, which suggests that the DeFi madness has subsided for now,” Josh Olszewicz, …

[ad_2][ad_1] CryptoSlate recently had the opportunity to chat with Long Vuong, CEO and founder of TomoChain. TomoChain is a scalable blockchain based on the consensus of Proof of Stake voting and used commercially by companies around the world. Previously, Long Vuong was co-founder and former head of the hugely successful …

[ad_2][ad_1] The DeFi bubble appears to have slowed in the final months of 202, with fees and confirmation times returning to less formidable levels. “ETH fees are very low, which suggests that the DeFi madness has subsided for now,” Josh Olszewicz, also known as CarpeNoctom on Twitter, told Cointelegraph. “DeFi …

[ad_2][ad_1] The Ethereum DeFi space has seen a rapid correction from the euphoric summer highs. The prices of the best altcoins relative to this space have been corrected by 70 percent across the board. Yearn.finance (YFI), widely tagged as one of the most trusted cryptocurrencies in DeFi, has dropped to …

[ad_2][ad_1] Ethereum miners’ fees have dropped 65% in the past month as the demand for decentralized finance (DeFi) products has declined. According to data compiled by on-chain market intelligence startup Glassnode, Eethereum users paid $ 57.49 million in transaction fees in October, down more than 65% from a record of …

[ad_2][ad_1] This year has been explosive for the crypto economy and the star of the show so far has easily been Ethereum and its burgeoning DeFi and NFT arenas. This is interesting, given that in 2019 people had no shortage of predictions about the 2020 DeFi, but now it seems …

[ad_2][ad_1] In the letter The Universal Market Access protocol will begin to reward developers who implement successful synthetic asset contracts on the network. Developers will be rewarded with UMA tokens based on the popularity of their creations, incentive for promotion, and continued work with the UMA protocol. Cash extraction has …