Category: Ethereum

While much of the market reels from a devastating pullback that has dragged DeFi’s closely-watched total value locked (TVL) figure down from all time highs, one protocol is shrugging off the macro weight and surging up the TVL leaderboard.  Ethereum-based Convex Finance ($CVX) cracked a billion dollars in TVL earlier today, rising as high as

One of the most intractable problems in DeFi may be facing a ecosystem-wide effort as a growing number of protocols are beginning to get creative with their advertising and outreach efforts.  Automated market maker Uniswap announced today a collaboration with esports group Team Secret. Funded by the Uniswap Grants Program, Uniswap will become an official

As of June 1, Ether (ETH) has dipped by more than 40% after establishing a record high of $4,384 in May. The major move downhill in the world’s second-largest cryptocurrency by market cap has prompted many analysts to predict additional declines. For instance, Clem Chambers, chief executive of financial analytics portal ADFVN.com, sees the recent

Composable Finance, a DeFi interoperability protocol has announced a $7 million raise backed by 16 notable blockchain investment firms. According to a release issued on Tuesday, the funding round was led by Advanced Blockchain AG and Rarestone Capital. Other participants included Alameda Research, Spartan Group, Divergence Ventures, and Blockchain Capital, among others. Composable Finance is

The European Union is falling behind China and the United States when it comes to blockchain and artificial intelligence investments, according to the European Investment Bank. The EIB said on Tuesday that it anticipates an ongoing investment shortfall of around 10 billion euros ($12 billion) across both technologies. China and the U.S. currently account for

Nvidia’s new 3070 Ti and 3080 Ti graphics cards will launch with Ethereum hash rate limiters built in when they go on sale later this month. Nvidia announced the pending release of the new cards during its Computex 2021 livestream on Monday, where it unveiled specifications and release dates for both models. Of particular interest to

The transaction fees of Bitcoin and Ethereum have slumped to six-month lows as the markets cool after the recent crypto downturn. According to BitInfoCharts, the average price of performing a transaction using Bitcoin has fallen from an early-April all-time high of $62.77 to around $7.20 — an 88% drop over just six weeks.  Bitcoin average

Bitcoin (BTC) is at risk of a “flippening” from Ether (ETH), mainstream media claims as some familiar FUD — fear, uncertainty and doubt —returns to the spotlight. As BTC/USD continues to flag below $40,000, an old argument has resurfaced — but major investors are fighting back. Bloomberg: ETH “will likely exceed Bitcoin” In an article

Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely been made possible due to advances from the Ethereum network, which are ensuring better

Macro guru and former Goldman Sachs executive Raoul Pal predicts Cardano and other altcoins will massively outperform Ethereum in a bullish environment. In a new interview on Crypto Banter, the chief of Real Vision describes his crypto portfolio strategy using analogies from traditional financial markets. “In traditional markets, once an established trend takes place, you