Optimism’s Layer 2 solution for Ethereum is soon to go live as the macroeconomic outlook wreaks havoc on ETH’s price once again.
Latest from Nick Cannon
As decentralized autonomous organizations begin to gather strength, is it possible that they expedite the already parabolic growth of DeFi?
A look back at the 2017 bubble and how the mania compares to the DeFi-driven bull market that we are now entering into.
Synthetix recently launched their second iteration of sDEFI, an index that contains a basket of synthetic assets on Ethereum.
The price of ETH in both USD and BTC terms has seen phenomenal gains in recent days thanks largely to the success of Decentralized Finance (DeFi). This success, which until now had not been particularly well reflected in the price of ETH, has begun to attract mainstream attention.
yearn.finance, an Ethereum application that capitalizes on a mix of different yield farming opportunities to create a single entry point for 1,000%+ returns, has just led to the greatest blockchain scare of 2020.
In a Reddit “ask me anything”, ETH 2 researcher, Justin Drake, cast doubt over whether Ethereum’s highly anticipated Phase 0 can realistically launch this year.
The Ethereum network is under heavy strain. A combination of increased stablecoin usage, yield farming and a resurgence of ponzi schemes have pushed Ethereum’s capacity to the absolute limit.
Tomorrow marks 900 days since Ether traded at its all time high of $1385.02. Today the cryptocurrency rests 80% down from this high, occasionally showing faint signs of life before stalling for the umpteenth time.
Hundreds of millions of dollars are funnelling into decentralized finance, bootstrapping the system with liquidity and rewarding users with fees and tokens in the process.