What Is Curve Finance And How Does It Operate?
Although it was launched in January 2020, Curve Finance already appears to be expanding to become a leading platform in the decentralized finance space. By description, Curve Finance is a ...
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Tag: Compound
What Is DeFi Yield Farming?
By description, yield farming is the practice of locking up or staking cryptos in return for rewards. While the aim of earning profits on investments is nothing new, the general ...
What Are DeFi Oracles?
By description, oracles are third-party services that enable smart contracts within blockchains to receive external data from outside of their ecosystem. They are designed to act as a data source ...
Ethereum Explodes To New 2-Year High, Bitcoin Attacking $12,000
Bitcoin continues to enhance its position gradually. Currently, it is hovering above $11,900. Nonetheless, double- and even triple-digit price pumps from many of the lower-cap altcoins continue to decrease BTC’s ...
DeFi Locked Funds Surpass $7B, But Six Projects Account For 90%
Despite the recent meteoric rise in DeFis, only six of these projects hold a staggering 90% of the capital that is locked in this sector. In less than two months, ...
DeFi Market Cap Surpasses $11B, Chainlink Hits All-Time High
Chainlink (LINK) is taking the lead as the decentralized finance (DeFi) segment of the crypto space keeps growing rapidly. Without any reason or sign of stopping any time soon, the ...
Chainlink (LINK) Is Surging Massively Higher, Here Is why
On July 13, the price of Chainlink (LINK) surged by over 34% to reach a new all-time high at around $8.48. Also, the cryptocurrency notched a market capitalization of $2.5 ...
Were Derivatives Traders Responsible For The COMP Rally?
Some commentators and analysts think that Compound’s Governance Token’s rapid surge and a crash may have been a doing of derivatives traders. Several analysts have suggested that the meteoric price ...
Compound (COMP) Encounters Colossal Losses, Still Dominant In DeFi Rankings
The market is seemingly crashing back to Earth after Coinbase Pro listing sent Compound Governance Token (COMP) prices up more than 100%. The COMP coin is the native token of ...
Chainlink (LINK) Explodes To Near All-Time High After 11% Surge
The price of Chainlink has rallied by over 11% in the past 24 hours. It has now occupied the 13th spot in the market capitalization list. The token exploded to ...