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While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentralized finance (defi) is $267 billion and the TVL held on Ethereum commands the lion’s share of this value. Ethereum … Read more
Serendipity is “a fortunate discovery or event when things come together just perfectly.” You can’t plan for it… or can you? Go to Source Powered by WPeMatico
The firm selected the Polygon blockchain for its low transaction fees and fast transaction time. Go to Source Powered by WPeMatico
The white hat hacker speculated that the bug might have been created from “using someone else’s code and not having a 100% understanding of what it does.” Go to Source Powered by WPeMatico
MATIC retested the bull flag’s upper trendline as resistance Friday after its price rose by up to 30%. Go to Source Powered by WPeMatico
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
Polygon’s native asset, MATIC, tests its June resistance level near $1.51 for a bullish breakout setup. Go to Source Powered by WPeMatico
“We believe this is in a way a historical moment, since this will be (to the best of our knowledge) the first full-blown merger of two blockchain networks,” said Polygon. Go to Source Powered by WPeMatico
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million has been paid out. It’s Not … Read more
Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher, and Tobi Lutke. NFT Marketplace Opensea Joins the Blockchain Unicorns, … Read more
