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Despite weakness in legacy markets, Ethereum has performed well over the 36 hours since the launch of Uniswap’s UNI token.
Coins in Ethereum’s decentralized finance (DeFi) space have seen parabolic growth over recent months that has easily outpaced every other financial market.
Despite pulling back by 25 percent from its all-time high of $44,000, Yearn.finance (YFI) remains an integral part of the Ethereum decentralized finance narrative.
Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard.
On September 14, the multi-signature signatories behind SushiSwap — the controversial Uniswap fork that has become one of the largest Ethereum coins and apps within two weeks of its launch — bought back around $14 million worth of SUSHI.
Earlier this year, there were some that weren’t too sure the Ethereum 2 upgrade — also known as ETH2 — would go live in 2020.
If you were around during the crypto bull market of 2017 and early 2018, you likely remember the name “Aelf.” At its highs in early 2018, the coin reached a market capitalization in excess of $600 million.
Most decentralized finance forks are either controversial or have failed.
The decentralized finance (DeFi) market has been jeweled with equal parts optimism and suspicion.
Sushi, the governance-cum-liquidity pool tokens for SushiSwap, have seen an unexpected boom in their nascent lifespan in terms of both prices and controversies.
The price of YFI, the native token of the decentralized finance (DeFi) giant Yearn.finance, surged 30% in 1 day.
Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below.
Ethereum’s decentralized finance space has been filled with forks over recent weeks.
Like Coinbase in its first few years in existence, BitMEX has long been slow with the crypto assets and pairs it is willing to support.
Decentralized finance’s UMA has surged 100 percent in a week as per CryptoSlate data.
Just this past weekend, an anonymous group of developers launched SushiSwap, a clone of Uniswap with some bells and whistles attached.
As the launch of the first phase (“phase 0”) of Ethereum 2 (ETH2) has neared, some have expressed concerns about the centralization of staking nodes or validators.
Nexus Mutual (NXM), the only major insurance protocol in Decentralized Finance (DeFi), surged over the last several days.