Day: August 2, 2022

Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater – Defi Bitcoin News

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During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours. Value Locked in Decentralized Finance Falls Short From Tapping $100 Billion On August 2, 2022, the value locked in decentralized finance (defi) protocols is around $86.22 billion, according to defillama.com metrics. Makerdao dominates the pack by 9.67%…

NFT Exchange Magic Eden Expands to Ethereum

“We don’t think winning on ETH will happen overnight. We are entering the market with humility and are prepared to build for a long while,” Zhuoxun Yin, co-founder of Magic Eden, told CoinDesk. “With that being said, we have a strong conviction for our hypothesis on what NFT creators and collectors need from their marketplace.” Source

Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability

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On Tuesday, Marc Zeller, integration lead at decentralized finance (DeFi) borrowing and lending protocol Aave, proposed to freeze the platform’s v3 Fantom market. Created in 2018, Fantom is a directed acrylic graph smart contract platform that provides DeFi services and on which Aave is currently bridged.  Zeller explained the rationale for removing the Fantom bridge: “After the Harmony bridge event and the recent Nomad bridge exploit, the Aave community should consider the risk/benefits of keeping an active Aave V3 market on Fantom as this network is dependent on any swap…

Tatlong suspek sa pagtangay ng daan-daang milyong pisong investment sa bitcoin, arestado | 24 Oras

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Arestado ang tatlong suspek na tumangay umano ng daan-daang milyong pisong crypto currency na bitcoin sa kanilang mga biktima. Ang 30% tubo kada buwan daw na kanilang ipinangako, bigla na lang daw napako. Nakatutok si Emil Sumangil, exclusive. 24 Oras is GMA Network’s flagship newscast, anchored by Mike Enriquez, Mel Tiangco and Vicky Morales. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 6:00 PM. For more videos from 24 Oras, visit For breaking news…

DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High  – Market Updates Bitcoin News

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Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week high in the process. Polkadot (DOT) Polkadot (DOT) was one of today’s notable tokens to fall, as global crypto markets were predominantly in the red. DOT/USD dropped for a second consecutive day, leading prices to a floor of $7.70…

Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists

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Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China. BTC price U-turns as Pelosi lands in Taipei Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking above $23,000 on the day as news came in that Nancy Pelosi, speaker of the U.S. House of Representatives, had landed in Taipei, Taiwan after warnings of retaliation from Beijing. The visit, which had raised concerns of a major incident occurring, appeared to go without a hitch — something an…

Why You Should Be Wary Of The Bitcoin Rally With BTC At $22,000

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Bitcoin has been slowing down on its bullish momentum after crossing the barrier at $22,000 and $23,000. The cryptocurrency still holds some of its gains from last week but might be poised for a re-test of lower levels. At the time of writing, BTC’s price trades at $22,900 with a 2% loss in the last 24 hours and an 8% profit over the past week. BTC’s price moving sideways on the 4-hour chart. Source: BTCUSDT Tradingview This Bitcoin Bear Market Might Not Be Like 2020 Crypto market participants seem to…