Is Bringing DeFi Off-chain Taking A Step Forward Or Two Steps Back?
The current State of DeFi Most DeFi users will remember those legendary days when money markets and liquidity protocols were paying users to utilise their platform. For me, I started digging deeper into DeFi in May 2021 when AAVE had just arrived on Polygon and was paying users to both lend and borrow assets on-chain […]
Here’s Why I Flipped Long – But Only For A Short Time
You’ve probably heard that the market is poised for more downside – but nothing goes down (or up) in one straight line. Your favorite influencers are most likely going to be wrong. We will not see Bitcoin trading at USD $16,000 anytime soon in my opinion. In fact, I see Bitcoin going to the high […]
SEI Network; All You Need To Know About The Fastest Layer1 Blockchain Optimized For DeFi Trading
SEI – The first order book specific layer1 blockchain built on Cosmos
GMX Is Up 52.7% In The Last 14 Days; What Is All The Hype About?
GMX – A decentralized spot and perpetual contract trading platform
BTC Dominance At Historic Lows – But Don’t Say “Flippening” Yet
BTC dominance has been on a historic downtrend, going from a high of 73% in December 2020 to the current 39% dominance. BTC dominance refers to the measure of BTC market cap as a ratio over the total cryptocurrency market cap. It can be calculated with the following formula: BTC dominance = BTC market cap […]
Ethereum Ranks #27 By Developer Activity – Who’s Number 1?
In the bear market, both protocols and networks are still hard at work. Despite the Ethereum merge coming up, however, the Layer 1 ranks outside the top 10 by Github commits. Also Read: Project Strength: Which Blockchain Has The Highest Developer Count, And Why It Matters Developer Count, Bullish? While the bull market brought about […]
Yoots, The Biggest Solana NFT Project, Is Launching Right Now – Here’s All You Need To Know
$DUST, the token associated with popular Solana-based NFT project, is up 170% since last month. This follows the announcement that Dust labs, the group behind the $DUST token and the DeGods NFT project, will be using it as part of their latest mint. Named y00ts, it aims to bring a “common-sense approach to NFT intellectual […]
Hong Qi Yu Of Tokenize Xchange Talks About Crypto Regulations, Narratives And His Future Plans
If you ever bought crypto, centralized exchanges would have been the first place you made your purchase. Founded in 2017, Tokenize Xchange was one of the early entrants into Singapore’s digital asset space. To date, the platform allows the trading of over 80 different cryptocurrencies. Singapore has undoubtedly been a hub for crypto. 4% of […]
Will Mt. Gox’s Repayments Dump The Crypto Markets?
In 2014, the now defunct Bitcoin Exchange Mt. Gox was hacked for 840,000 $BTC, worth an estimated $504 million at the time. Today, that amount stands at a whopping $16.8 billion dollars, or a 33x since the hack. Shortly after, the exchange reported that they had found 200,000 Bitcoins in old company wallets that they […]
Hodlnaut Continues To Gamble With User Funds Despite Judicial Management Status
Hodlnaut, a Singapore-based cryptocurrency and borrowing platform, was recently placed under Interim Judicial Management by the Singaporean High Court. “Judicial management is a method of debt restructuring where an independent judicial manager is appointed to manage the affairs, business and property of a company under financial distress”, according to Singapore Legal Advice. It is an […]
Don’t Let These Applications Mine Crypto On Your Computer
The rise of crypto scams have been a plague on the industry. With billions lost to exploits and phishing attacks just this year, attacks are getting craftier despite the bear market. The latest iteration, however, takes the cake. While not a scam per se, Checkpoint Research, which fights and educates against cyber threats, recently detected […]
Keeping Your JPEGs Safe -Tokenproof Raises $5M to Stop NFT Scammers
Tokenproof, a startup working to secure Non-Fungible Tokens against theft and scams, said last Tuesday that it has raised $5 million in seed funding led by PennyJar Capital to make Web3 safer for NFT owners so they can realize their value without fear. The team at Tokenproof is led by Fonz, who is described as […]
