Ethereum layer 2s hold $13.5B stablecoin supply
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion. Go to Source
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Binance inflows hit $24 billion from 250M user base in 2024
Institutional investors have played a large role in Binance’s $24.2 billion net inflows so far in 2024. Go to Source
Ethereum reclaims USDT dominance against Tron after 2 years
Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since. Go to Source
Binance saw $1.2B of inflows in one of biggest trading days of 2024, says CEO
ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours. Go to Source
DefiLlama resolves internal strife, sends LLAMA token plans alpaca’n
After resolving the issue internally, the forked variant of its analytics platform now redirects to the official website. Go to Source Powered by WPeMatico
7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama
DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama. Go to Source Powered by WPeMatico
Lido overtakes MakerDAO and now has the highest TVL in DeFi
A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake. Go to Source Powered by WPeMatico
Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most. Go to Source Powered by WPeMatico
NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures
On Wednesday, the non-fungible token (NFT) data and analytics platform Cryptoslam raised $9 million in a capital funding round led by Animoca Brands. Cryptoslam detailed that Mark Cuban participated in the financing and Ashton Kutcher’s and Guy Oseary’s Sound Ventures joined in as well. Cryptoslam Reveals $9 Million Capital Raise, Animoca Brands Leads Investment Non-fungible … Read more
As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise
Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped in value, the TVL across defi has continued to rise, … Read more
