DeFi Tokens See The Largest Jump As Ethereum Reclaims $1,500
Decentralized finance (DeFi) tokens have always followed the movement of Ethereum closely. This is why whenever the digital asset has been on the rise, the prices of other DeFi tokens have grown rapidly too. This is the case now as the crypto market has entered another recovery trend. Bitcoin has once more settled above $20,000, […]
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Shiba Inu had been the largest token holding among Ethereum whales for the longest time. These whales had held their tokens for longer and when the price of the token had surged, so had the dollar value of their holdings. However, the digital asset has seen its position among the whales challenged at every turn. […]
The decentralized finance (DeFi) space has not been left out of the relief rally that has been rocking the crypto market. While other top coins are doing well, the DeFi tokens seem to have taken this one step further as they make a splash across the charts. With Ethereum leading the charge, these DeFi tokens […]
Ethereum is the top dog when it comes to DeFi. Other decentralized finance tokens are built on its blockchain and require ETH gas fees to transact. This also could be why the top-ranked altcoin is held up a lot better than the rest of the DeFi space, which has fallen on average 60% across the […]
The venture capital firm dug into its own pockets to restore trust in the Wormhole ecosystem. On Thursday, Jump Crypto, a crypto venture capital firm that owns Certus One, the developer of the Wormhole token bridge, announced it had deposited 120 thousand Ether (ETH) into a Solana-Ethereum bridge that suffered a devastating exploit. The day prior, hackers fraudulently minted 120 thousand wrapped Ether (wETH) worth $321 million on the Solana (SOL) platform, then redeemed 93,750 wETH for ETH on the Ethereum network while swapping the rest for other altcoins on the Solana network.The....
Ethereum maintains the largest market share of the decentralized finance (DeFi) market. DeFi has boomed through 2021 and market crashes have not slowed down the space. DeFi protocols have seen a high rate of adoption among users. With networks like Solana and Cardano unveiling capabilities to enable them to compete with the top DeFi platform, […]