DeFi

Fundraising by Crypto Companies Accounts for $8.2B in Q3
defi

Fundraising by Crypto Companies Accounts for $8.2B in Q3

A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.

Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%
defi

Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%

The total value locked (TVL) in DeFi on the Ethereum network breached the $100 billion mark as demand continues to soar.

Iota Floats Smart Contracts Beta with Zero Execution Fee
defi

Iota Floats Smart Contracts Beta with Zero Execution Fee

The Iota Foundation has launched its smart contract functionality which it said is now available in IOTA 2.0 DevNet.

DeFi Trails Broader Market Uptrend to Hit New TVL at $223 Billion
defi

DeFi Trails Broader Market Uptrend to Hit New TVL at $223 Billion

The Total Value Locked (TVL) in DeFi protocols have crossed the biggest range in history as it is trading at its highest value of $223 billion.

Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially
defi

Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially

Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.

The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding
defi

The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding

Gelato, a smart contract automation network focused on the Defi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing.

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
defi

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share

According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.

Is Tezos' NFT Reawakening Enough to Sustain its Current Price Uptrend?
defi

Is Tezos' NFT Reawakening Enough to Sustain its Current Price Uptrend?

Tezos (XTZ) printed a new ATH over the weekend, rising on the back of its ongoing NFT rejuvenation.

Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China
defi

Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China

Since last Friday, the People's Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX- a decentralized leveraged trading exchange.

Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH
defi

Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH

Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande.