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The stock market has seen some slight weakness today, despite opening to a strong start.
The Ethereum-based DeFi sector took a major hit throughout the past couple of weeks, with Bitcoin and Ethereum’s recent price decline creating shockwaves that have had grave impacts on smaller altcoins.
Fanatics of the burgeoning decentralized finance (DeFi) space injected a record amount of Bitcoin into Ethereum-based protocols, searching for high yields and finding a way to earn funds on their capital.
The decentralized finance (DeFi) market has been jeweled with equal parts optimism and suspicion.
Nexus Mutual, the insurance coverage provider for decentralized finance (DeFi) protocols, surpassed $74 million in active coverage.
While decentralized finance is seemingly the most exciting aspect of the crypto market, projects in the space still have relatively small valuations compared to top blockchains.
Jack Dorsey is undoubtedly one of the most prominent Bitcoin advocates.
The decentralized finance space has grown exponentially over the past few months.
Ethereum has seen some incredibly strong price action throughout the past 24-hours, which has allowed it to erase a good bulk of its recent losses.
The case for Bitcoin as a proven hedge for the global equity market may have failed temporarily, at least per recent data.
Bitcoin fanatics may not need to wait much longer for them to farm sky-high yields on the digital asset if an upcoming product launch goes as planned.
A spontaneous gathering of around 500 members of the Cardano community will most likely be responsible for deciding on the future of the Cardano Foundation.
Tether, the company behind the USDT stablecoin, has announced that it has launched its coin on Solana, a blockchain platform that aims to compete with Ethereum.
After being handed over the admin keys for the Uniswap fork project SushiSwap this weekend, Sam Bankman-Fried, the founder of crypto exchange FTX, proposed a future plan for the project over Twitter.
Late last week, leading Ethereum decentralized finance protocol Curve was forked into a new protocol focused on the community after a number of controversies.
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.
A London-based Bitcoin wallet company is reportedly considering a public listing in the UK in the coming months, according to British news outlet Telegraph.
In 2019, one of the biggest narratives in the crypto market was the PlusToken pyramid scheme.
After a user mistakenly sent $1 million worth of USDT to Swerve’s token contract, Tether’s CTO Paolo Ardoino reached out to the community saying that the company would be able to recover the funds were ERC-20 USDT stuck in an Ethereum address.
Last week, a coin attempting to leech off the success of Yearn.finance (YFI) launched.
It’s been a tough past week for the crypto market, with coins from Bitcoin to the smallest altcoins plunging lower.
Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below.