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NFT & DEFI
dYdX Overtakes Uniswap in Daily Transaction Volumes
Decentralized exchange (DEX) dYdX has made headlines by surpassing Uniswap, a long-standing leader in the sector, to become the platform with the largest 24-hour trading volume.
This achievement is particularly…
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Fantom Cuts Staking Requirements By 90% in a Bid to Bolster Security
Back in June of 2023, the Fantom Foundation held a vote to determine whether the network should maintain its minimum staked token requirement at 500k FTM tokens or slash it by 90% in a bid to increase the spread of the…
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Web3 Apps Surged 124% in 2023, According to DappRadar
The dApp industry experienced unprecedented growth, with DappRadar’s 2023 Industry Report revealing a 124% year-over-year increase in Unique Active Wallets (UAW).
The report provides an overview of the dynamic landscape,…
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Wintermute OTC Trading Volume Records 400% Growth in 2023: Report
Wintermute – the popular market maker and liquidity provider – witnessed continued growth in all business verticals in 2023 despite the market downturn.
In a new report, the platform said that its over-the-counter (OTC)…
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CFTC Report Reveals DeFi’s Achilles’ Heel: Lack of Accountability
In its recent report, the Commodity Futures Trading Commission (CFTC) underscored a fundamental issue within DeFi systems, pointing to the absence of clear lines of responsibility and accountability intentionally…
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Privacy Token Liquidity Hits Record Low of $5 Million Amid Market Volatility, Report
A new report by Kaiko reveals that the liquidity for privacy tokens has plummeted to an all-time low of just $5 million.
This drop follows the delisting of several trading pairs by OKX for not meeting certain criteria.…
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USDT Dominance Peaks as DeFi Experiences a Renaissance: Report
Stablecoin total value locked (TVL) on the Tron blockchain experienced a slight decline in the early part of the second half of 2023 but ultimately surged to reach record highs of approximately $48 billion.
This is…
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What is Magic Eden? Everything You Need ot Know About Solana’s Leading NFT Marketplace
The world of non-fungible tokens has grown substantially throughout the past couple of years. NFTs have transitioned from being Ethereum-centric to being common on various networks as well.
Undeniably, Solana is one of…
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Crypto Hacking Losses Dropped by 51% in 2023, Here’s the Total: CertiK
CertiK’s latest report reveals a noteworthy decline in cryptocurrency security incidents in 2023.
Total losses came down to $1.84 billion across 751 events, marking a 51% decrease from 2022. Moreover. each incident…
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Arbitrum One Becomes the First Ethereum Layer 2 Network to Surpass $10 Billion TVL
Arbitrum One’s Total Value Locked (TVL) witnessed a remarkable increase of 15.9%, reaching a milestone of $10.22 billion in the past seven days, making it the first Layer 2 (L2) network to surpass the $10 billion TVL…
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