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Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M

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While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, Cross-Chain … Read more

Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year

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Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. … Read more

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

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While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and … Read more

Gainers and Losers: BTT Falls From Daily Gainers, Grin Sits Among Weekly Losers

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The bullish surge across the cryptocurrency markets has ranked several high profile projects among the top gainers and losers – a distinction predominantly reserved for crypto assets with meager market caps. As of this writing, litecoin (LTC) is the 17th-top gaining cryptocurrency of the last 24 hours after gaining 26%, while the heavily hyped bittorrent … Read more

P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade Volume

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According to Coin.dance, the first week of September has comprised the weakest on record for global peer-to-peer (P2P) trade volume on Localbitcoins. The considerable lull in trading activity appears to have pervaded across the vast majority of Localbitcoins markets, with only half a dozen national markets posting volume that is comparable to the trading activity … Read more

This Week in Bitcoin: Islamic Exchange, Self-Regulation, Social Trading

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In this week’s daily editions of Bitcoin in Brief we reported about a new Islamic trading platform, a couple of steps towards self regulation of the industry and a new app for matching buyers and sellers off-exchange. The most commented-on article during the week covered the claims by Ripple that its coin is more decentralized … Read more

Overstock Generates “Between $68,000 and $120,000” in Crypto Weekly

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During a recent address to the Heritage Foundation in Washington, D.C, Jonathan Johnson, the former chairman and current member of the board for Overstock, sought to emphasize that payments in the form of bitcoin comprise a steadily growing source of revenue for the company. Also Read: Cryptocurrency Games Have Invaded the Most Popular App Stores Former … Read more

Markets Update: Cryptocurrencies Lose Steam During the Weekend

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Cryptocurrencies have been dropping in value this Saturday, May 12 as most digital assets are down between 3-15 percent. The price of Bitcoin Cash (BCH) is hovering around $1,446 at press time while gaining 3.4 percent today — And Bitcoin Core (BTC) values are averaging roughly $8,473 per BTC and its markets are down 1.4 percent this … Read more

Markets Update: Trading Action Heats Up During the First Week of May

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Cryptocurrency markets are seeing some action today as digital asset values have been fluctuating over the past 72 hours. During yesterday’s trading sessions a lot of digital currencies dropped anywhere between 2-6 percent but many are erasing some of those losses today. On April 28, BTC/USD markets touched a high of $9,538 but dipped below … Read more