Search Results for: deFi

By choosing to invest $ETH in DeFi protocols rather than selling it, the Foundation is providing liquidity to these platforms and also demonstrating confidence in decentralised finance as a critical part of the Ethereum ecosystem.

Data shows the Memecoins market’s value jumped 500%, going from $20 billion in January to $120 billion in early December.

A major factor driving Base’s growth has been the decentralised exchange (DEX) Aerodrome, which holds over $1 billion of the total value locked on Base. 

The recent surge in activity has largely been attributed to the emergence of new lending markets, including Base and Scroll, which have helped drive growth on the platform.

Critical technological advancements, such as Zero-Knowledge (ZK) Compression, have also played a pivotal role in Solana's achievements. 

The attack is being associated with the Inferno Drainer group, who are known for using a sophisticated wallet kit that tricks users into signing transactions that transfer their digital assets to the attackers.

Brollups will support over 90% of DeFi use cases upon launch without needing a hard fork or issuing a non-Bitcoin token.

The surge is part of a broader bullish trend, with many analysts predicting a potential rise to $5000.

ETH has made stronger gains in 2024 compared to its main rival Bitcoin.

The decentralised finance (DeFi) sector total value locked (TVL) hit $50 billion for the first time in six months on Tuesday.