Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
Crypto costs have surged in worth over the previous few days, and the whole worth locked (TVL) in decentralized finance (defi) has surpassed the $50...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos printed a press launch at 6 a.m. Eastern time Monday, the stablecoin BUSD had roughly 16.16 billion tokens in circulation. In the previous...
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
Aave Companies, the agency behind the decentralized finance (defi) venture Aave, has introduced the launch of a stablecoin known as GHO on the Ethereum testnet...
Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; Crypto Supporters Mock Idea
Cryptocurrency advocates have been discussing a proposal by the founding father of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An concept that goals...
Starkware Plans to Open Source Key Tech Linked to Starknet Prover
At the Starkware Sessions 2023 occasion, held on the Cameri Theatre in Tel Aviv, Israel, Starkware co-founder Eli Ben-Sasson knowledgeable the viewers that the corporate...
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
The sensible contract token economic system rose 5.6% towards the U.S. greenback on Thursday, reaching $332 billion. Additionally, the worth locked in decentralized finance (defi)...
Stablecoin Economy Sheds Another $3 Billion in 44 Days
The stablecoin financial system continues to deplete as greater than $3 billion has been erased from the stablecoin market ecosystem during the last 44 days....
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion
Decentralized finance (defi) and sensible contract platform tokens rallied on Monday morning (ET) and the overall worth locked in defi jumped above the $40 billion...
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
According to statistics, the stablecoin BUSD noticed a big drop in its provide over the previous 30 days, shedding roughly 23.8% from Dec. 5, 2022,...
TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021
The whole worth locked (TVL) in decentralized finance (defi) has fallen under the $40 billion mark for the primary time for the reason that first...