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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

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The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the … Read more

British Auction House Christie’s to Present Full Set of NFT Curio Cards on October 1

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The British auction house Christie’s has been immersed in the non-fungible token (NFT) art and collectibles industry for quite some time. Christie’s has auctioned blockchain-backed items like Block 21 of “Portraits of a Mind,” Cryptopunks, and Beeple’s NFT that sold for more than $69 million. On October 1, Christie’s plans to sell a set of … Read more

Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume

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Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more popular by the day. Uniswap Commands Top … Read more

Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement

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The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called “Ameribor” may not be for everyone. The United States Federal … Read more

PR: BitBoost’s Blockchain Marketplace Goes Live in June

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he pioneering Ethereum-based e-commerce solution is looking for Sellers and Ambassadors to kickstart its new platform. BitBoost will launch its decentralised marketplace in June. The project, which is built using Ethereum’s smart contracts, will enable buyers and sellers to connect directly – facilitating free and private online commerce. Traditional user experience, low fees The marketplace … Read more