NEAR Protocol Overtakes Ethereum and Bitcoin in Key Activity Metrics
NEAR, a smart contracts platform, is beating out Bitcoin and Ethereum in at least two key network metrics. Activity on NEAR has spiked since September, overtaking Bitcoin and Ethereum, both in terms of daily transactions and active addresses. After retracing from that initial jump, both metrics have continued to climb, widening their gap relative to […]
Vertex Activity Surges With $1.5B In Daily Volume
Vertex, the Arbitrum-based derivatives decentralized exchange, is now standing atop the DEX rankings by daily trade for perpetuals. Data from Dune Analytics shows Vertex hosted more than $1.5B worth of trades over the past 24 hours. ETH contracts accounted for 48% of volume, followed by BTC with 46.4%, and USDT/USDC with 3%. The platform hosted 677 unique […]
Solana is Having its Best Month Ever
The network hit all-time highs in DEX volume while its native token has outperformed nearly every other blue-chip asset on the market.
Tomagotchi-Like Fren Pet is Crushing it on Coinbase’s Base Network
Fren Pet gaining steam might be further proof that non-financial use cases can flourish in crypto.
The MOST Crypto Friendly Nation In Europe?
This week’s podcast features a number of interviews we conducted in Romania, during the xDay conference hosted by MultiversX.
DYDX Token Surges Ahead Of Massive Unlock
dYdX’s eponymous governance token is up 20% today and 60% in the past 7 days after the decentralized perpetuals exchange unveiled that DYDX stakers and validators will accrue trading fees from the dYdX Chain.
DeFi Rebounds as Aave v3 Loan Volume Spikes to Record
DeFi stats from DEX volume to stablecoin addresses are reversing a months-long slide while borrowing on Aave v3 jumped to a record Wednesday.
Bank of England Unveils Stablecoin Rules
Under the proposed rules, the Bank of England and Financial Conduct Authority (FCA) will implement policies released by the government last week, starting with fiat-backed stablecoins in early 2024. The BOE will regulate systemic stablecoins, while the FCA will govern the broader crypto market, and stablecoin issuers will need prior permission before circulating stablecoins in or from […]
Free NFT Inspired By The Simpsons Crosses $2M In Trading Volume
In a special Halloween-themed episode of the long-running animated series “The Simpsons” that aired on Sunday, the popular yellow family ventured into the world of non-fungible tokens (NFTs) and crypto. The episode, titled ‘Treehouse of Horror,’ presents the Simpsons’ misadventures in a fictional metaverse called Microcosm. Here, Bart Simpson, in an unexpected turn of events, becomes […]
Crypto Rally Fizzles As ETF Euphoria Fades
Crypto markets have given up some ground after rallying sharply to start the week on optimism that a spot Bitcoin ETF could be approved sooner rather than later. Bitcoin is down 3% in the past 24 hours, while ETH trades 3.5% lower at $1,800. The consolidation comes after Bitcoin hit a 17-month high of $35,900 […]