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DeFi

GMX Drops 24% in 1 Month, Whales Rapidly Selling: What’s Going On?

GMX, the native token powering GMX, a decentralized perpetual exchange for trading complex crypto derivatives, is under intense selling pressure when writing on August...

Cardano Q2 Surge: Stablecoin Soars, TVL Skyrockets, And Dapp Transactions Hit Record Highs

Cardano (ADA), the blockchain platform renowned for its scalability and technological approach, has made significant strides in the crypto market, as highlighted by the...

Curve DAO Scores $5 Million Boost From Binance, Eyes BNB Chain Expansion

In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has committed a...

Curve Finance Announces $1.85 Million Bounty For Stable Pool Exploiter

Curve Finance, a popular decentralized (DeFi) protocol, has recently announced that it was rewarding persons capable of identifying the exploiters behind the draining of...

Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan

CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has impressively recovered,...

Key On-Chain Metric Points to Stagnation, Will Ethereum Ever Break $2,000?

According to Etherscan data, the number of active ERC-20 addresses has not changed much in 2023. It has stayed between 200,000 and 300,000 while Ethereum...

Abracadabra Protocol To Counter CRV Risk With 200% Interest Rate Hike

DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to...

Uniswap Delists HEX Token After SEC Deems It An “Unregistered Security”

Uniswap, the largest decentralized exchange, has removed the HEX token from its interface after it was recently declared an unregistered security by the United...

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