16h Ethereum Gas Fees Dips Amid Easing Network Congestion btcmanagerThe smart contract platform’s gas fees finally seem to be dipping as network congestion shows signs of easing. Ethereum Network Congestion Easing The months of June and July witnessed unprecedented transaction activity on the Ethereum (ETH) network, buoyed by the astronomical rise in popularity of decentralized finance (DeFi) protocols such as Uniswap, Aave, Compound, andRead MoreRead More. The po..
1d Comprehensive update analysis report for BTC, COMP and lend r/CryptoMarkets submitted by /u/Putidyvarsy [link] [comments]
1d DeFi Options Protocol Opyn Hacked, Over $371,000 Lost cryptobriefingOpyn, a protocol offering options for ETH, DeFi tokens, as well as insurance on Compound deposits, was hacked. At least 371,260 USDC were lost because of the double-spend attack on...
1d MakerDAO’s battle to keep up with DAI demand theblockcryptoQuick Take
The supply of the decentralized stablecoin DAI has grown to 379.1 million, up from 134.7 million on July 1st (a 181.4% increase).
New demand for DAI has been primarily driven by liquidity mining on Compound and yEarn. Increased demand has led to DAI consistently trading above its targeted $1 peg.
Currently, the focus is on changing the parameters of, and adding new, collateral types to..
3d YFI Copycat YFFI Enters Death Spiral As It Plummets By Almost 100% coingapeAfter the community observed yearn.finance’s [YFI] price hitting almost $5K, several tokens mimicking YFI entered the market. However, they seem to be nothing but products of a pump and dump scheme. Decentralized Finance [DeFi] had all eyes on it after certain applications brought in immense value. DeFi’s lending and borrowing platform, Compound Finance undoubtedly initiated