Ethereum (ETH)

$50 million worth of various cryptocurrencies has disappeared from the automated market maker platform running on the Binance Smart Chain – Uranium Finance. While the team behind the project claims the funds were stolen, the cryptocurrency community speculates of a possible rug pull. $50M Gone From Uranium Finance The DeFi project took it to Twitter today to explain the exploit which targeted its v2.1 token migration event. More specifically, Uranium argued that the hackers...

Already three mStable features are live and can be accessed on Polygon (Matic).mStable, the DeFi high yield protocol provider, has debuted on Polygon (formerly known as Matic), offering Polygon users another source of USD and BTC liquidity, a DeFi-native savings account and two risks minimized meta-stablecoins. This comes alongside a renewed commitment to help investors and traders “priced out” of the popular blockchain network Ethereum by “sky-high gas fees”.mStable made the statement in its...

The ongoing crypto bull market has positively impacted various companies and services connected to the industry. Just six months after topping one million monthly active users, the popular Ethereum wallet MetaMask has reached another milestone at five million. MetaMasks Tops 5M Monthly Users CryptoPotato reported back in October 2020 when MetaMask – the cryptocurrency wallet software supporting Ethereum-based digital assets – reached one million monthly active users. A lot...

As Bonded continues its development, new assets will be available for borrowing and lending, alongside new products including index protocols, synthetic assets and the release of the bToken, Bonded’s hybrid algorithmic stablecoin.DeFi or Decentralized Finance has emerged as the sanctum sanctorum of cryptocurrencies on the whole. Many long-time proponents of the Ethereum network felt that the gaming industry would be revolutionized long before traditional finance but alas, decentralized...

The Ethereum DeFi ecosystem has hit 2 million users. The number of unique Ethereum addresses that have interacted with Ethereum-based protocols, as shown in the chart below by Dune Analytics, has seen a sharp increase recently, with volume ramping up heavily within the last 2 months. Source: Dune AnalyticsRecord Users and Record Prices During this period, ETH has been hitting record highs, going from $738 at the start of the year to $2,637 right now. Today, the price also...

Let’s get it straight, Defi has exploded in the last year and it is poised to grow exponentially in the near future. Last week Uniswap’s trading volume surpassed $10B, yes, $10B. There are a handful of well-known DEXs, and to trade in those, either, users have to use their own funds or transfer funds from lending platforms and transfer for trading. It is a time-consuming, laborious and expensive process to transfer from lending platforms to DEXs. Introducing Lever Lever...

The altcoins including Ethereum (ETH), XRP and Binance coin (BNB) have also seen gains this week, contributing to the crypto market rebound.Bitcoin (BTC) price is up by 10%, leading a crypto market rebound, after suffering a drastic fall last week. The biggest cryptocurrency lost 18.3% of its value last week, fell to a seven-week low of $47,079, its biggest fall since mid-March this year. Before last week’s price drop, Bitcoin was steadily embarking on a bun run, reaching an all-time high of...

[Press Release – San Francisco, CA, 27th April, 2021] Public Mint and Unmarshal have formed a strategic partnership that would see the full integration of the Public Mint blockchain on Unmarshal’s blockchain data platform, allowing seamless access to data for developers building applications that interface with Public Mint. Public Mint is the first fiat-native blockchain platform, focused on providing users with a seamless experience with blockchain-based payments while...

Ethereum price started a fresh increase after testing the $2,000 support against the US Dollar. ETH price is currently trading well above $2,300 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,200 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $2,600 level or even $2,800. Ethereum price is showing positive signs above $2,300 against the US Dollar. ETH/USD...

After being listed by Coinbase Pro, Tether (USDT) price has experienced sharp growth. Tether (USDT), the oldest and leading stablecoin in the cryptocurrency market, has surpassed $50 billion market cap. Notably, there has been a significant demand for the dollar-pegged stablecoin, particularly Tether (USDT) as indicated by a sharp increase in daily traded volume.According to metrics provided by CoinGecko, Tether (USDT) had a daily traded volume of approximately $131 billion. To put the...