defi

Enzyme adds Balancer to its DeFi operating system

by

Avantgarde 🦏 Feb 2 · 4 min read Today, Enzyme is excited to announce that it has added Balancer to its ever expanding array of DeFi protocol integrations. With this integration, asset managers on both our Ethereum and Polygon deployments will have access to a number of attractive Balancer Pools. What is Balancer? Balancer is … Read more

Lido Finance: Decline in TVL, re-emergence of bears, and everything in between

by

Due to the fall in prices of some native coins, Lido’s TVL declined in the last week. The buying pressure for LDO has declined significantly, and a price drawback might be on the horizon. Lido Finance [LDO], a prominent liquid staking protocol, experienced a drop in its Total Value Locked (TVL) in the past week … Read more

Cream Finance exploiter moves $3.3M ETH in January

by

Blockchain analytical firm Peckshield tweeted that the Cream Finance (CREAM) exploiter transferred 365.7 ETH — worth $600,000 — to an unknown centralized crypto exchange TradeOgre on Jan. 30. The exploiter had transferred 2,070 Ethereum — roughly $3.3 million — to the same platform since Jan. 9, according to Etherscan data. The exploiter was moving funds … Read more

Active crypto developers grew 5% YoY despite market decline

by

BitcoinMonthly active developers grew 5% YoY, despite a more than 70% decline in crypto prices in 2022, according to a recent crypto developer report from venture firm Electric Capital. The report also outlined more than 8% YoY growth in Full-Time developers. The report said: “Full-Time developer growth is the most important growth signal to track … Read more

Alameda liquidators lose $11.5M due to liquidations over 2 week

by

Alameda Research liquidators incurred a total loss of around $11.5 million over two weeks after taking over a single wallet of the bankrupt firm, Arkham Intelligence reported on Jan. 16. Over $4 million of these losses could have been prevented if the liquidators had closed the firm’s position instead of withdrawing collaterals, according to the … Read more

Attention LDO holders! Now might be the time to rethink your trading strategy

by

LDO’s price rallied by over 75% in the last week As investors seek out profit, the bears might be getting ready for a re-entry. Lido Finance’s governance token LDO, saw a significant increase in price of 78% in the past week. This made LDO one of the top-performing cryptocurrency assets in terms of gains over … Read more

Liquid staking tokens surge 40% in seven days, Lido rises highest

by

Liquid staking derivatives tokens have increased by an average of over 40% in the last seven days, with Lido (LDO) rising the highest by over 64%, according to CryptoSlate’s data. Liquid staking platforms have enjoyed renewed interest following recent revelations that staked Ethereum could be unlocked as early as March when the network undergoes the … Read more

All about Lido Finance, what the Shanghai upgrade can do, and the threat it faces

by

Lido’s share of the ETH staking market now sits at 29% The APR offered witnessed a decline as well. Lido Finance [Lido] commenced the 2023 trading year with a slight decline in its market share in the ETH staking ecosystem. The leading liquid Ethereum [ETH] staking platform’s performance was highlighted by Dune Analytics.  Read Lido Finance’s … Read more

Lido now has the highest DeFi TVL as LDO increases 17%

by

Ethereum (ETH) staking protocol Lido (LDO) is now the dominant DeFi protocol based on the total value of assets locked (TVL) in its ecosystem, according to DeFillama data. Lido’s TVL overtook that of MakerDAO (MKR) in the last 24 hours after rising by 0.57% to $5.90 billion. According to the data aggregator, this places Lido’s … Read more