Browsing: Defi

EigenLayer relies on a pooled security model that makes it cheaper to launch certain protocols.Still, that model may encourage risk-taking.Over the past two months, founder Sreeram…

Moonwell Faces Backlash Over Proposal to Use Collateral to Offset Bad Debt Decentralized Finance (DeFi) protocol Moonwell is at the center of a controversy involving a…

Ethereum (ETH) and Binance Coin (BNB) are among the world’s top five cryptos, and they’ve recorded ecosystem wins in early 2024. However, investors are looking for…

Decentralized Finance (DeFi) is on the cusp of a transformative era, marked by groundbreaking developments that promise to redefine this ecosystem.  Here are some of the…

What you’ll learnMost of the $370 million liquidity outflow from Ethereum via Wormhole in the last month has gone to Sui and Solana.Outflows are possibly driven…

As crypto enters a new era, an unlikely challenger has emerged to take the crown from the troubled kingdom of Solana. Read on as we dive…

Manta Network has concluded its token airdrop.Many of those who participated in the airdrop leveled harsh criticism against Manta in the aftermath.Rare NFTs, which previously traded…

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Early adopters of the highly anticipated Layer 2 network report receiving miniscule MANTA allocations.Manta Network, Ethereum’s third largest Layer 2 with $885M in total value locked,…

Base’s TVL has declined consistently in the past few weeks. The chain has seen a general drop in user activity.  Following a steady decline in its…