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Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange

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The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently, the defi space has touched a few new milestones as the ecosystem’s … Read more

Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week

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Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone and during the last seven days, $2.4 billion … Read more

Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days

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Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled the Ethereum network to new heights. Decentralized finance (defi) is a term used … Read more

Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’

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On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases, roughly 60% of them buy bitcoin first but only 24% remain exclusively loyal to the digital … Read more

The 0x Protocol v3 Upgrade Looks to Advance on DEX Liquidity and ZRX Staking

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Cryptocurrency and blockchain projects need to keep evolving at every possible occasion. The 0x project, which still goes by largely unnoticed, is preparing to integrate several crucial changes. Particularly the new staking mechanism and DEX liquidity aggregation are worth checking out. It is now up to ZRX holders to vote on whether or not this … Read more

2018’s Top Cryptocurrencies Ranked by Github Activity

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Over the past 12 months, digital asset values have dropped considerably, but behind the scenes cryptocurrency development has increased. Research from data collection websites that track the amount of Github activity taking place in cryptocurrency repositories shows blockchain development is continuing to grow. Also Read: The Cashaccount.info Platform Tethers Names to Bitcoin Cash Addresses Cryptocurrency Github … Read more

Crypto Price Watch: Ethereum (ETH), Bitcoin (BTC), Ripple (XRP), Stellar (XLM) all See Green

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After what felt like forever, Bitcoin (BTC) was finally able to near in on the $7,000 threshold yesterday, though for a brief period of time. Following its sudden spike, the premier digital asset once again dropped before finally settling down and trading at a respectable price point of $6,760 (at press time). This fresh bull … Read more

Markets Update: Heavy Selling Across Leading Markets, ZRX Rallies

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The cryptocurrency markets appear to be consolidating following the significant sell-off that transpired on Thursday. The event saw BTC produce the largest percentage red daily candle posted since Sep. 5, driving losses across most major markets. ZRX was the most notable exception to the bearish price action that erupted through most cryptocurrencies, rallying significantly following … Read more

The Daily: Kanye Teaches Opsec, Crypto Foes Joins Forces

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The last 24 hours has been one of those all-too-rare periods in which the cryptosphere unites against a shared enemy. We’ll detail who in The Daily, right after we’ve discussed blockchain spam, Blockfolio’s new funding round, and how we learned an opsec lesson from Kanye West. Also read: Bitcoiners Shoot Down Roubini’s US Senate Testimony Coinbase … Read more