Category: Binance Smart Chain

Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant......

NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises 

Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms......

Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack

The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract......

Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A......

Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%

Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23......

Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands

A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three......

Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence

As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today......

Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned

On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that......

Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum

During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges ......