Ethereum, Binance Smart Chain DEXs are eating their centralized crypto counterparts
The global crypto market cap is $1.29 trillion with a 24-hour volume of $63.64 billion. The price of Bitcoin is $31,515.78 and the BTC dominance is at 45.6%.
by Ana Grabundzija
While most metrics hit new all-time highs mid-way through the quarter, when the broader crypto market turned, many decentralized finance (DeFi) protocols saw activity decrease.
Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily.
More news ⏬
The power of decentralized governance: CluCoin donates $125,00 to the Save the Children Organization
CluCoin (CLU) is a globally available, blockchain-based, hyper-deflationary token with a smart staking system running on the Binance Smart Chain.
While a Harvard Law student-led initiative called the “Defi Education Fund” is facing blowback for receiving $20 million worth of Uniswap’s (UNI) tokens and dumping half of it over-the-counter, some witty DeFi enthusiasts are openly mocking the whole ordeal.
Jackson Palmer, who co-created Dogecoin with Billy Markus in 2013, dropped what many would consider a truth bomb about the cryptocurrency space.
Crypto trackers and alarmers Whale Alert noticed an old-school holder move 740 Bitcoin (BTC) two days ago after the coins sat dormant for over nine years.
Data from market data analysis tool Messari shows that Uniswap is winning the decentralized exchanges (DEXes) battle against PancakeSwap.
Data from proof-of-stake research platform Staking Rewards shows Cardano is the most staked chain, by value, in the cryptocurrency space.
CryptoSlate recently had the chance to chat with Ganesh Swami, the CEO of Covalent, a venture-funded blockchain data analytics company, and 13-year-old Gajesh Naik, a crypto and web3 developer who shot to fame after building several DeFi tools and protocols.
Eastern China’s Anhui province became the latest regional county to ban Bitcoin mining in the country, weeks after the government unleashed a harsh plan to stamp out the activity in the nation, reported news outlet Reuters this morning.
Crypto research firm Quantum Economics has signed on to advise the rapidly growing 1inch Network, which unites various decentralized protocols to help build the future of DeFi.
Control your wealth
Ad: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands.
🔥 Trending Sectors
👨🏻🌾 Yield Farming Coins
Crypto market data
For more pertinent market data, please see:
Connect with us
Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.