Category: Altcoins

Early in September, every Ethereum developer was launching tokens branded with a type of food. There was Pizza Finance, Tendies, Springroll Finance, and projects based on almost any food under the sun. It’s no secret that the market got quickly saturated. This resulted in a decline in the value of these tokens as many realized…

A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to the DeFi ecosystem. Still, the…

Crypto is currently in the midst of a renaissance. Really. As we covered in a previous report, there are now users that are actively creating, buying, trading, and selling digital art — you know, jpgs and gifs — worth thousands of dollars. One piece of art sold for 100 Ethereum, which currently equates to over…

It’s been yet another crazy day for the decentralized finance (DeFi) ecosystem. If you’ve been on Twitter, you likely know of a new Ethereum project called Eminence and the subsequent $15 million hack. Here’s a brief recap of what happened for those not yet in the know. The launch(?) 24 hours ago as of this…

It seems that the fears of a DeFi bear market were overblown. As made abundantly clear by the launch of a recent Ethereum-based yield farming token, there is still a speculative furor amongst crypto investors as they look to capture the “next YFI.” The token in question managed to garner a $40 million market capitalization…