Tag: decentralized finance

Ethereum Faces Market Share Erosion as Price Could Tumble to $1,100

Ethereum Faces Market Share Erosion as Price Could Tumble to $1,100

Ethereum’s market dominance is still under immense pressure, reaching lows not seen since 2019-2020. With its share of the market shrinking fast, the price of ETH is in danger of a significant decline to as low as $1,100. Recent weeks’ decline has been blamed on various factors, from growing competition...

DeFi Education Fund Urges SEC to Adopt Flexible Token Regulation

DeFi Education Fund Urges SEC to Adopt Flexible Token Regulation

The DeFi Education Fund (DEF) has put forward a creative, ambitious, and precedent-setting framework to the Securities and Exchange Commission (SEC). This effort aims to foster safe and responsible innovation in the DeFi ecosystem. On April 18, the DEF intervention filed its comment letter on the SEC. In it, they...

AAVE Surges as Whale Activity and Bullish Indicators Point to Potential Breakout

AAVE Surges as Whale Activity and Bullish Indicators Point to Potential Breakout

AAVE, one of the biggest decentralized finance (DeFi) protocols, has seen a significant pump — up almost 16% in the last week alone. Here’s why that upward momentum continues to be propelled by some significant headwinds. Strong whale accumulation, bullish technical formation, and broader crypto market rally fueled by Bitcoin...

Zora Announces Token Launch on Coinbase's Base Network

Zora Announces Token Launch on Coinbase's Base Network

Solana-enabled NFT marketplace Zora — an Ethereum NFT platform — is all set to release its token, ZORA on April 23. ZORA will be deployed on Base, Coinbase’s layer-2 network. This release on Base is meant to improve accessibility and make onboarding easier for new users. ZORA is meant to...

TermMax Mainnet is LIVE! Fixed-Rate DeFi Lending Revolutionized

TermMax Mainnet is LIVE! Fixed-Rate DeFi Lending Revolutionized

Tochi has officially launched its mainnet! This represents an exciting moment for the evolving decentralized finance (DeFi) ecosystem. Picture this, the go live date occurred on April 15, 2024. Its mission is to revolutionize borrowing and lending in the DeFi ecosystem by making fixed-rate DeFi lending simple. TermMax also leverages...

Initia Decoded: Your Guide to the INIT Token & Blockchain Future

Initia Decoded: Your Guide to the INIT Token & Blockchain Future

Welcome to BlockTraderHub.com, your new home for crypto intelligence. Today, we’re going as deep as we can into the Initia network and their native token INIT. This comprehensive guide will explore Initia's architecture, features, and potential impact on the blockchain landscape, providing actionable insights for developers and users alike.Understanding InitiaWhat...

ZKsync Plunges After $5M Exploit

ZKsync Plunges After $5M Exploit

ZKsync has started to feel the fallout from a recent hack. An attacker erroneously minted 111 million ZK tokens worth approximately $5 million. The exploit primarily targeted an admin account associated with airdrop distribution contracts. This attacker has made that feat far more difficult for the Layer-2 scaling solution. As...

Huma Finance Unveils 2.0 on Solana, Targets $30 Trillion Payments Market

Huma Finance Unveils 2.0 on Solana, Targets $30 Trillion Payments Market

Huma Finance recently released Huma 2.0 on the Solana blockchain. With its advanced technology, this inventive platform has the potential to provide a new liquidity channel for payment institutions. Their platform is designed to run 24/7 and with extreme capital efficiency. Huma 2.0 is designed to create a radically new...