Aave Suspends Multiple Lending Markets, Tokens May Be in Trouble

Aave, a major liquidity protocol within the decentralized finance (DeFi) industry has made an announcement that is concerning for the entire community. The platform has announced that it has suspended several lending markets. For now, the protocol has clarified that they have halted the lending markets on a temporary basis. Aave Halts 17 Tokens’ Lending … Read more

Analysts Claim That Crypto Hacks May Hit All-Time Highs In 2022

With the passage of time, the cryptocurrency industry has continued to be targeted by hackers. This has led many market analysts and experts to question the security of the crypto-verse. Even some of the major and most senior market analysts have started voicing their concerns over the growing number of cybercrime cases. Kim Grauer’s Comments … Read more

Swiss National Bank Makes A Statement That Is Quite Promising For DeFi

The Swiss National Bank has made a statement in favor of decentralized finance (DeFi). According to the officials at the Swiss National Bank, the central bank’s digital currencies as well as the decentralized finance can work really well together. The decentralized finance sector has great potential for expansion and adoption if the central banks decide … Read more

Revenue For Ethereum Mining Increases To 95k In a Day

According to the latest reports, the earnings from Ethereum mining have exceeded 95k ETH in one day. Also, handling fees were responsible for 85.9% of the total income generated. Ethereum Mining Becomes Very Profitable Despite High Gas Fees With the recent rise in DeFi (Decentralized Finance) activity, ETH miners’ income has reached 95,000 ETH in … Read more

EMURGO Unveils Its Plans To Invest $100 Million In Decentralized Finance Projects

Cardano has recently come into the spotlight of the blockchain world due to its recent update. This month Cardano developers successfully deployed Alonzo hardfork on the ecosystem. This new addition allows the network to be compatible with the smart contracts and can support the decentralized applications that are designed for the said platform. Emurgo is … Read more