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sDAI Pool by Aave goes live after MakerDAO pulls yields downs

31.8.2023
Aave has announced launching the sDAI pool following a reduction in the DSR yields. DSR refers to the DAI Saving Rate. It was originally set to 3.3%, later pitched up at 8$, only to bring it down again. Rune Christensen, the Co-Founder of MakerDAO, has suggested further lowering the DSR yields...

Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August

29.8.2023
August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels reminiscent of late 2022. At present, miners...

Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days

26.8.2023
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July...

Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate

22.8.2023
According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...

Best Crypto to Buy Now 11 August – Fantom, Rocket Pool, Sui

11.8.2023
The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest's proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstream U.S. financial platforms. The SEC announced on Friday its move to solicit...

Best Crypto to Buy Now 10 August – Aptos, Rocket Pool, Maker

11.8.2023
U.S. inflation metrics saw a notable rise recently, with the Consumer Price Index (CPI) experiencing a 3.2% increase over the past year leading up to July. Despite the financial development indicated by this data released by the Bureau of Labor Statistics (BLS) on Thursday, the performance...

Bitcoin Network Adjusts: Mining Difficulty Rises 0.12% to 52.39 Trillion

10.8.2023
Bitcoin miners saw a slight increase in mining difficulty on August 9, 2023, at block height 802,368, as the difficulty rose 0.12% from 52.32 trillion to 52.39 trillion. Over the last 2,016 blocks, miners recorded an average hashrate of about 376.5 exahash per second (EH/s). Miners Experience...

Best Crypto to Buy Now 1 August – Trust Wallet, Rocket Pool, Immutable X

2.8.2023
Despite recent changes to macroeconomic policies, analysts warn that Bitcoin could still plummet to $25,000. Data shows that the 50-day EMA has been persisting as resistance for the past week with Bitcoin having no significant changes to the upside.  Given these challenges, what are the best...

Alchemix releases an update on Curve Finance pool exploitation

31.7.2023
Alchemix has provided an official update on the Curve Finance situation. The platform recently witnessed a 47 million-dollar exploit. According to reports, the exploit emerged because of a reentrancy vulnerability. It is believed that Vyper 0.2.15, 0.2.16, and 0.3.0 versions are prone...

Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks

30.7.2023
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...

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