Sector scan · DEFI
Decentralised finance protocols, DEX mechanics, yield, governance and on-chain liquidity coverage.
35 articles in archive
What are Infinite Mint Attacks? Infinite mint attacks represent one such threat to DeFi platforms and projects. This guide examines how infinite mint attacks work, their effects, and their preventative strategies. An infinite mint attack occurs when an attacke
Ethereum is getting ready for another significant update. The Prague-Electra (Pectra) upgrade is scheduled to improve the network’s consensus and execution layers. The plan is to launch it in the first quarter of 2025. The Path to Pectra Ethereum has been on a
Stablecoins have become more prominent in the evolving crypto landscape since they offer dependability and stability compared to the volatile nature of digital currencies. The two most traded stablecoins are Tether (USDT) and USD Coin (USDC). Although both mai
US PCE Data Falls Short of Expectations According to on-chain data, BTC/USD remained stable at the end of the month, rebounding from its weekly lows. The earlier drop was caused by concerns about a cryptocurrency exchange hack in Japan and aggressive trading a
Liquidity Providers’ Role in Facilitating Transactions Apart from traders, liquidity is equally essential for exchanges because it helps them draw users and keep a seamless trading environment. With liquidity, traders can carry out trades without incurring nee
Switzerland, known for its picturesque landscapes and innovative spirit, has also become a haven for cryptocurrency enthusiasts and investors. With its progressive regulatory framework regarding blockchain technology, Switzerland has earned the title of “Crypt
Open Finance and Decentralized Finance (DeFi) are two approaches that have gained momentum in the financial landscape in recent years. Unlike traditional banking, these innovations leverage technology to provide more transparent, accessible, and inclusive fina
Grayscale Bitcoin ETF’s Second Inflow in 2 Days After experiencing daily outflows averaging $218 million for 78 consecutive days since January 11, GBTC recorded its first inflow of $63 million on May 3. This trend continued with a second inflow of $3.9 million
BlackRock Spearheads $47M Investment in Securitize Global asset management giant BlackRock has taken the helm in driving the future of digital asset securities after spearheading a $47 million investment in Securitize, a leading player in asset tokenization. T
Born out of the need to address the liquidity issues associated with traditional staking, liquid staking has become a game-changer, allowing crypto holders to stake their assets while maintaining liquidity. Reshaping how stakeholders engage with proof-of-stake
Since the first Ether futures ETFs launched in Canada in 2021, investors have been eager to explore this new avenue to gain exposure to Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Ether futures ETFs are unique investment vehicle
Vitalik Buterin’s Wallet among Millions Trapped in DeFi Bridge Contracts Arkham Research has uncovered multiple crypto whales’ wallets stuck in decentralized finance (DeFi) bridge contracts. These wallets were left dormant with assets worth millions of dollars
Investors seek innovative ways to gain exposure to digital assets as the cryptocurrency market evolves. One such avenue gaining traction is through Exchange-Traded Funds (ETFs), which offer a convenient and diversified approach to investing in cryptocurrencies
Enhancing DeFi Liquidity In a bid to tackle the liquidity hurdles plaguing decentralized finance (DeFi) protocols, PancakeSwap, a prominent multichain decentralized exchange (DEX), has launched concentrated liquidity automated market maker (CLAMM) options trad
As the popularity of NFTs continues to soar, a new trend has emerged – NFT lending. This innovative financial service allows NFT holders to unlock liquidity by leveraging their digital assets as collateral. Thus, NFT owners can access funds without selling the
Solareum Telegram Trading Bot Shuts Down Solareum, a prominent Telegram trading bot operating on the Solana blockchain, has confirmed its closure following a security breach and financial constraints. The project, a virtual machine bridge between Solana and Et
A Surge In Activities In the past month, Osmosis, the Cosmos-built DeFi project, has been the most actively developed DeFi project, per recent data from the crypto intelligence platform Santiment. Santiment’s analysis revealed that Osmosis recorded 169 commits
Layerswap’s Battle Against Cyberattack Layerswap.io, the domain of Layerswap, a prominent protocol enabling seamless crypto movement between blockchains, exchanges, and wallets, experienced a hacking exploit last night. Approximately $100K in user funds was dr
In the dynamic world of cryptocurrency, few events resonate as profoundly as the Bitcoin halving. With the next halving anticipated in mid-April 2024, experts across the decentralized finance (DeFi) space weigh in on the implications that the halving holds for
With the rapid evolution of digital technology, Application Programming Interfaces (APIs) have become the backbone of blocking technology. A key aspect of API utilization is a fundamental component known as API keys. These unique alphanumeric codes, issued by
In the changing world of decentralized finance (DeFi), new ideas keep coming up, and one such innovation is bonding curves. Bonding curves use smart contracts and mathematical algorithms to adjust token prices based on how many tokens are in circulation. This
Surging Gas Fees The growing excitement about the new and unofficial experimental token standard ERC-404 has triggered the rise of gas fees on the Ethereum network. As a result, the network’s gas fees have reached their highest level in eight months due to the
The GBTC has been on a free-fall following the SEC’s approval of spot Bitcoin ETF, but the outflows have reportedly slowed down four weeks after the US regulator’s approval. Meanwhile, market analysts believe that GBTC will continue to tumble against the newly
Do you have any idea what precisely regenerative finance is and why so many investors are drawn to it? This is a relatively new phrase that is gaining prominence in the broader financial markets. Read on to learn all there is to know about this dynamic subset
The creators of the XRP coin and the revolutionary Ripple payment technology, Ripple Labs, are plotting a new route by repurchasing a major $285 million share from early investors. Reuters states that this change is a part of Ripple’s strategy to provide early
The most recent report on the stability of the financial system that was issued by the People’s Bank of China (PBoC) addressed issues over the regulation of decentralized financing (DeFi) and cryptocurrencies. As per the latest news, the People’s Bank of China
Introduction Today’s most significant challenge traders face is the illiquidity in the crypto market while staking on the Proof of Stake blockchains. Users cannot earn passive income or access funds once locked using DeFi protocols. Liquid staking provides the
Introduction Today, cryptocurrency is recognized by the most ardent critics as an inseparable part of our lives. However, some people are still frequently confused about the benefits of cryptocurrencies. For any investment, a crucial factor is the capacity to
Introduction to Market Index and Indicator An index is a scale that takes multiple data points and consolidates them into a single unit of measurement. Anyone dealing in stocks has heard about the Dow Jones Industrial Index (DJIA). It is a price-weighted index
What is Crypto Gaming? The application of blockchain is not limited to issuing cryptocurrencies, NFTs, and working as digital ledgers only. These ecosystems are also used for a multitude of new tasks and blockchain-based gaming protocols are one of these utili
What is Chainlink? Chainlink is a decentralized oracle network and it is hosted on the Ethereum network. The main use case for this protocol is to enable secure connections with other blockchains. In this manner, Chainlink works as a middleman that brings exte
Introduction DeFi has continued to grow with the latest developments taking place in the sector every day. This article shares the foundational tenets of De Fi and its fundamental inner workings. What is Decentralized Finance (DeFi)? DeFi is short for decentra
What is Cardano? Cardano is a blockchain that was created in 2015. The native cryptocurrency of Cardano blockchain is called ADA. Cardano blockchain has the ability to run decentralized protocols using smart contracts. Developers can use the Cardano blockchain
Report on Crypto Liquidity At a time when CFTC is strapping its boots for a wagging war against DeFi, a recent report has revealed that the majority of the crypto liquidity is locked in centralized crypto exchanges. The analysts from Bankless Times seem to bel
CFTC’s Warning The Commodity and Futures Trading Commission (CFTC) is also participating in regulatory scrutiny of the crypto sector. Ian McGinley is the director of enforcement at CFTC who was recently attending the White Collar Crime Conference. He addressed