DApp activity rises 3.7% in August for the first time since May: Finance Rede...
DeFi token finally broke out of two-week-long bearish price dominance to trade in the green, where several tokens in the top 100 registered double-digit gains over the past week. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Decentralized applications, or DApps, finally showed a glimmer of recovery in August as the daily average of unique active wallets rose by 3.7% compared to May.With just under a week left for the Merge, SEBA Bank has opened Ethereum....
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Despite a slight recovery, DeFi TLV has lost $250 billion this year. DeFi dapps showed a slight recovery for the first time since May, with the daily average of unique active wallets (UAWs) increasing 3.7% on a month-over-month basis, according to a report from DappRadar. The rise was partially driven by the Flow protocol, which rose 577% UAW due to Instagram's support of its NFTs and the game Solitaire Blitz. On the other hand, Solana UAW shrank by 53% in August from the previous month, while transactions dropped by 68%, the findings showed.There were 1.67 million unique wallets connected....
The play-to-earn gaming space is one of the most discussed ecosystems in today’s crypto industry. According to Dapp Radar’s Q1 report, blockchain games accounted for over 50% of the total DApp activity. There has also been a significant inflow of funds, with VCs investing close to $2.5 billion this year. Looking at these stats, one […]
On the horizon of yield farming Dapp on Binance Smart Chain, it is hard to find the best ones. What is the best option for Dapp, which offers high ROI to their customers and is also secure? The innovative Dapp BUSDMatrix has been recently talked about a lot in the crypto community. It is a […]
On April 10th 2021, the ZooKeeper DApp emerged on Wanchains mainnet to complement another Wanchain community DApp, Wanswap. ZooKeeper is a gamified yield farming DApp built on Wanchain, where the focus of the team was to make crypto farming a lot more fun and rewarding. For approximately a week now, it’s been possible to dual […]
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning.
Bitcoin Network Records Second Consecutive Difficulty Increase Since August 4
Finding a bitcoin (BTC) block is a touch more difficult today than it was during the last two weeks as the difficulty adjustment algorithm (DAA) increased by 0.63%. The increase is the second consecutive increase after the DAA jumped by....