This Trader is Single-Handedly Destroying GMX Stakers

In light of the ongoing CeDeFi collapse, many users have pivoted from centralized exchanges to decentralized alternatives for trading. This led to a massive boom in GMX users, leading to a 4x in token prices. However, this has not been the only lucrative source of revenue for GMX believers. The platform’s liquidity provider token, GLP, […]

BREAKING: Circle Reveals Exposure to SVB, Will Recover Backing With Corporate Funds

Just this week, renown FDIC-insured Silicon Valley Bank ($SIVB) saw it’s shares fall more than 80% as rumors of insolvency emerged. Unfortunately for all those involved, SVB truly experienced a bank run, with regulators quickly shutting it down and trading of it’s stock halted. However, the damage had been done – cash held in SVB […]

U.S. President Clamps Down on Crypto, Capital Gains – A Complete Breakdown

U.S. President Joe Biden caught crypto investors off guard with his new 2024 budget proposal. Within are at least 3 changes that could significantly impact crypto investors, especially those residing in the United States. The 3 changes revolve around Bitcoin mining, tax loss harvesting, and capital gains tax. While it may not directly affect those […]

BTC Dominance At Historic Lows Despite Altcoin Crash: Could We Go Under 16K?

Despite 2023 opening with a huge 23% move by Bitcoin, it seems that things have taken a turn for the worse. As we enter March, several macro factors have caused crypto’s total market capitalization to fall under $1 Trillion for the first time in over 2 months. Curiously, the markets are not behaving as one […]

The Cheapest Way to Off-Ramp Funds on Exchanges in 2023

In recent years, cryptocurrencies have become increasingly popular as a credible means of payment for goods and services in some countries. However, that is not the case in several other parts of the world. Hence, many individuals who own crypto still need efficient ways to convert their digital assets to fiat currencies for daily expenses.  […]

How Optimistic Are We About Roll-ups?

Since DeFi Summer 2020, there has been a lively debate in the Ethereum community regarding the best approach to scaling the platform. One side argues that Zero-knowledge (”ZK”) rollups are the future, while another side advocates for Optimistic Rollups (”OR”). Same same, but different. In essence, the main difference between the two is how they […]

Interest Rates, GBTC & Mt. Gox: Here’s Why The Crypto Markets are Down Today

While the crypto markets were hit hard last year with the collapse of Luna, 3AC and FTX, much of the fear and uncertainty seemed to be displaced by greed as we entered the new year. With the China and AI narratives at play, we saw many altcoins explode, with some even reaching upwards of 3-digit […]

Asia Will Be The Engine For Blockchain Gaming

Key Takeaways ✔️ The combination of Asia’s strong market growth and the Casual/MMORPG-centric gaming market provides great potential for blockchain games. ✔️ Two main reasons why Web2 game companies are entering the blockchain space: 1) Securing the new growth engines, and 2) Raising new funds via tokens. ✔️ Strategy 1. Starting with Wemix, which has […]

Could Ethereum Shanghai Upgrade Cause A Major Market Dump? (WITH CALCULATIONS)

With the successful completion of the Shanghai upgrade on its testnet, the Shanghai upgrade is imminent and set to roll out this month (March 23). This upgrade will be monumental; the Shanghai upgrade will begin to allow users to withdraw staked Ether and any accrued rewards from staking pools. Will there be an impact from […]

Could ve(3,3) Change DeFi Forever?

Ve(3,3) is a decentralized finance (DeFi) tokenomics design first proposed by Andre Cronje, founder of Yearn Finance, who combined the aspects of the Curve vote-escrow mechanism with OlympusDAO’s (3, 3) staking. Mr Person of the Year In 2020 materialised this innovation with the release of Solidly Exchange, which to this day, is still running even after he […]

Here’s What You Can Expect From ETH Singapore

Scheduled for September, Ethereum Singapore 2023 aims to gather builders, developers, and visionaries from around the world. The 3-day event will feature a carefully selected array of thematic areas, including decentralized finance, infrastructure, and layer 2 technologies, among others, designed to encourage and develop innovative solutions with meaningful impact. Also Read: 7 Tokens Crypto Whales […]

Blockchains With The Highest Developers Count In 2023

Crypto investors looking for the next big thing now have another metric to consider as they decide where to put their money. Apart from TVL, why does the developer count matter? The number of developers actively working on a blockchain gives a picture of which blockchain has the strongest potential. Developers are the supply to the grand […]