Category: Ethereum

Uniswap v3 hopes to reinvent its DEX, others see a different path for DeFi

Uniswap decentralized exchange and its governance token, UNI, have been defying all expectations in recent months, with the world’s largest DEX recently recording cumulative transaction totals exceeding the $10-billion threshold. What’s more, it is estimated that Uniswap’s 24-hour trade volume currently lies somewhere around the $2.3-billion range. Uniswap CEO Hayden Adams has been tweeting about

Balancer v2 and Gnosis’ ‘CowSwap’ take aim at MEV with planned integration

Decentralized exchange Balancer and DeFi platform Gnosis have announced today a planned integration dubbed the Balancer-Gnosis-Protocol (BGP), a collaboration that will combine Balancer’s v2 pool mechanisms with Gnosis’s DEX aggregation and batch auctions designed to mitigate miner extractable value (MEV).  Balancer’s v2, which is currently live for developer testing, was announced in February and boasts

Bitcoin dominance drop and resistance at $55K stoke altseason hopes

The overall cryptocurrency market saw a second day of gains on April 27 after the weekend sell-off proved to be a good buying opportunity for retail and institutional investors. Lower gas fees following the Ethereum network’s Berlin upgrade along with an increase in institutional buying and decentralized finance activity lifted the price of Ether to

Ethereum price all-time high follows reduced gas costs and DeFi revival

Mainstream adoption of cryptocurrency continues to reach new highs in 2021 thanks to the growth of popular sectors like decentralized finance (DeFi) and nonfungible tokens (NFT).  The explosive growth seen over the past year would not have been possible without the Ethereum network (ETH), which saw its price break out to a new all-time high

Binance crypto exchange to launch its own NFT platform

Binance, the world’s largest cryptocurrency exchange, is entering the nonfungible token industry by introducing its own NFT platform and marketplace. The company announced Monday the upcoming launch of Binance NFT, a new NFT platform that is expected to start operating in June 2021.  Based on Binance’s blockchain infrastructure, Binance NFT aims to provide minimum NFT

Ether options open interest grows 80-fold amid rising institutional appetite

The massive growth of Ethereum’s futures and options arena is reportedly pointing towards significant institutional involvement in the second-largest cryptocurrency by market capitalization. According to a recent report by crypto investment advisory firm Two Prime Digital Assets, the 80-fold growth in Ether (ETH) options open interest goes beyond mere retail speculation. As part of its

Serum (SRM) hits a new all-time high as Solana adoption gains traction

Decentralized finance (DeFi) has reshaped the face of the cryptocurrency market over the past year, attracting the attention of both institutional investors and retail traders alike as the traditional financial sector continues to warm up to blockchain technology.  While the majority of largest DeFi protocols that have a significant amount of volume and value locked