API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM

API3, a pioneering blockchain oracle provider championing the shift from conventional third-party oracle networks to first-party oracle solutions, has rolled out its managed data feed service. This service is designed to support the growth of Total Value Locked (TVL) on Polygon zkEVM, an initiative by Polygon Labs, a leader in developing Ethereum scaling solutions for … Continue reading API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM

Ripple Alert: Over 400M XRP Moved from Bitvavo-Connected Wallet

A Mammoth Transaction In a transaction that has sent ripples through the cryptocurrency community, a staggering 424,354,912.78345 XRP, valued at approximately $214.3 million, was transferred from one unknown wallet to another. The transaction was reported by Whale Alert, a blockchain monitoring service, on September 1, 2023, at 6:09 pm local time (10:09:11 UTC). Source: XRPScan … Continue reading Ripple Alert: Over 400M XRP Moved from Bitvavo-Connected Wallet

DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion

The total value locked (TVL) in global decentralized finance (DeFi) has undergone a huge boost, hitting $55.365 billion with the help of a stunning spike that occurred over the course of twenty-four hours. The increased interest and trust in decentralized finance platforms and technology is reflected in this expansion, which is part of a larger … Continue reading DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion

Arbitrum One Achieves a Historic $10 Billion TVL Milestone

Arbitrum One, a leading Ethereum Layer 2 (L2) network, has achieved a significant milestone by reaching a Total Value Locked (TVL) of over $10 billion, marking a 16% increase over the past seven days​​​​. This achievement not only underscores the growing interest and confidence in Arbitrum One but also highlights the platform’s resilience and potential … Continue reading Arbitrum One Achieves a Historic $10 Billion TVL Milestone

Vitalik Buterin Critiques TVL as a Deceptive Metric in DeFi Space

In the world of decentralized finance (DeFi), measures of success and legitimacy are often debated. Vitalik Buterin, the co-founder of Ethereum, has voiced his skepticism about the commonly used metric of Total Value Locked (TVL) during a discussion on Warpcast. His thoughts resonate with the community’s growing concern about the overreliance on TVL as a … Continue reading Vitalik Buterin Critiques TVL as a Deceptive Metric in DeFi Space

Justin Sun Receives 3.45 Million ETHFI, Top 20 TVL Contributors Awarded 9.96 Million Tokens

The much-awaited airdrop for ETHFI tokens commenced at 7 PM (Beijing Time), according to EmberCN. The airdrop, which forms 6.8% of the total supply, amounting to 68 million $ETHFI tokens, has been distributed among active participants within the ecosystem. The top 20 contributors to the project’s TVL (Total Value Locked) were the primary beneficiaries, receiving … Continue reading Justin Sun Receives 3.45 Million ETHFI, Top 20 TVL Contributors Awarded 9.96 Million Tokens

Ethena (ENA) Labs Integrates with Major Exchanges for Reward Program

Recently, Ethena Labs, a company that specialises in the development of synthetic dollars, made an announcement on its integration with major centralised exchange wallets such as Binance, Bybit, OKX, and Bitget. The purpose of this integration is to make it easier for users to participate in Ethena’s rewards programme and to increase the platform’s popularity … Continue reading Ethena (ENA) Labs Integrates with Major Exchanges for Reward Program

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

What happened recently with the Libra Association?  Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.  … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

5200 Vendors Now Accept Bitcoin Payments For Tobacco Purchases

Keplerk, a French-based cryptocurrency startup has relaunched its Bitcoin for tobacco service in as many as 5200 outlets across France starting from October 10th, according to a report by France’s top news Channel BFM TV. Bitcoin is undoubtedly the most dominant cryptocurrency in the cryptosphere today and it not only has the largest market cap, … Continue reading 5200 Vendors Now Accept Bitcoin Payments For Tobacco Purchases

NexChange Interview Series: Dr. Patrice Poujol, Part 2

This article is contributed by our content partner, Nexchange NOW. “Blockchain technology might not be the ideal system, but might be a conduit for humanity from a fish tank to the ocean.” Dr. Patrice Poujol: The day we came up with our press release, Wesley Snipes said he was launching his 25 million dollar tokenized … Continue reading NexChange Interview Series: Dr. Patrice Poujol, Part 2

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