Ethereum price shows strength, but a 23% drop in DApps activity raises concern
Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally. Go to Source
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Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?
Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside. Go to Source
Ethereum DApp volume surges by 83%, but there could be a catch
Ethereum network volumes have soared, but a single decentralized application accounted for 59.5% of the entire network’s volume. Go to Source
Balancer blames ‘social engineering attack’ on DNS provider for website hijack
Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer, Angel Drainer, was involved in the estimated $238,000 exploit. Go to Source
DeFi protocol Balancer frontend is under attack, users urged to stay away
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer’s protocol until further notice. Go to Source
Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April
On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and the decentralized exchange (dex) platform’s yield farming experience. Pancakeswap Announces Version … Read more
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting … Read more
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at … Read more
TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards From Stablecoin Pool Incentive Program
PRESS RELEASE. Singapore, Singapore / April 4th / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity providers to add TUSD-DAI-USDC-USDT liquidity to the Polygon ecosystem. In return for … Read more
Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion on Sunday morning (EST). Meanwhile, Ethereum’s dominance is 55.54% … Read more
