Last week founders from the top DeFi insurance companies, Nexus Mutual, InsurAce, Bright Union, and Amulet, came together to discuss the UST de-pegging event. The Twitter spaces event lasted around an hour and is available in full via the tweet below. #DeFi https://t.co/xpy3AKfOWg — Akiba | Liam Wright 🥷₿ (@akibablade) May 23, 2022 The space […]
Automated and open token trading are one of the goals of Uniswap. Osmosis has been down 10.62% in the last 24 hours. Let us look at the top 3 DeFi projects by developer activity as per CryptoDep. Uniswap (UNI) One of the most widely used decentralized trading protocols, Uniswap is well-known for its role in […]
Michi Lumin, a Dogecoin Core developer, has tweeted about a recent meeting centered on the Dogecoin–Ethereum bridge, which is currently being built. Just had a really great meeting with the https://t.co/UaKnNlnI0Y guys who are working on the #dogecoin — #ethereum bridge. Hopefully to result in collaboration and co-support of the project with the @DogecoinFdn and […]
Due to shaky macroeconomic conditions accelerated by Russia’s Ukraine invasion in February, risk-on like equities and crypto have trended down throughout 2022. However, one crypto niche has suffered for longer than the rest of the market: DeFi tokens. Ethereum DeFi Slump Continues Although DeFi has offered clear product-market fit and relatively strong fundamentals, many of […]
The decentralized finance market was also not spared following the Terra ecosystem tokens collapse. The collapse of Terra ecosystem tokens TerraUSD (UST) and LUNA had a major impact on the entire cryptocurrency market, including the decentralized finance (DeFi) sector. With UST losing its peg to the dollar due to the mouth-watering rewards attached to Terra’s […]