EigenLayer, a restaking protocol, has recently launched on the Ethereum mainnet. This marks a notable milestone in the decentralized finance (DeFi). The protocol boasts assets worth over $13 billion. Despite its operational status, certain critical features are still pending. These […]
EigenLayer Restaking Protocol Goes Live on Ethereum Mainnet Read More »
Bitcoin inches closer to the $70,000 mark in an unusual weekend activity. Traders are eyeing a strong weekly close. BTC climbs to $69,694, raising hopes for further gains. Weekend rise pushes Bitcoin above $69,000, hitting highs of $69,781 on Bitstamp.
Atypical Weekend for Bitcoin: Nudging Towards the $70,000 Mark Read More »
On April 3, a crypto trader made headlines by turning $13,000 into over $2 million; resulting in a huge 15,700% gain. The trader invested in the new memecoin called Donotfomoew (MOEW) on the Base blockchain. Source: Coinbackyard Blockchain analytics firm
Crypto Trader Turns $13K into $2M in 10 Minutes! Read More »
Since its inception, Ethena has ignited heated discussions regarding its success andsustainability. The stablecoin has amassed nearly $2 billion, making it one of the toprevenue generators in the protocol sphere, excluding major layer 1s. Source: Coinbackyard Ethena’s rise has triggered
Ethena Sparks Debate and Credit War in DeFi Space Read More »
In the latest data, Bitcoin has surged ahead in the non-fungible token (NFT) market, recording an impressive $9.8 million in sales within a 24-hour period, marking the highest sales volume in the industry. Source: Coinbackyard Key Takeaways Bitcoin recorded $9.8
On-chain analyst James Check forecasts the beginning of the second phase of the crypto bull market. This announces a period of heightened price movements. Source: Coinbackyard James Check, who stands as the lead on-chain analyst at Glassnode, asserts that the
On-Chain Analyst Predicts Imminent Start of Second Phase in Crypto Bull Market Read More »
The DeFi market is booming, boasting a Total Value Locked (TVL) of $99.916 billion. With a high interest in entering the Web3 sector, investors and traders are diversifying their portfolios accordingly. Source: Coinbackyard Leading experts in the industry have identified
Top DeFi Coins to Buy in April to Maximize Your ROI Read More »
In a recent turn of events, Prisma Finance, a prominent decentralized finance (DeFi) protocol, has been rocked by a sophisticated hack resulting in the loss of a staggering $11.6 million. The breach, detected by blockchain security firms PeckShield and Cyvers,
Prisma Finance DeFi Protocol Hit by $11.6 Million Hack Read More »
BRICS nations are announcing plans for a new payment system named “BRICS Pay”. This was revealed by Kremlin aide Yury Ushakov in an interview with TASS. This will help the BRICS nations to reduce reliance on the US Dollar. There
BRICS Concerned About Dollar Dependency: Introducing Blockchain-Based Payment System Read More »
A tri-party meeting between The Bank of Japan, the Financial Services Agency, and the Ministry of Finance is scheduled on Wednesday. As Japan’s yen hits its lowest against the dollar in 34 years. Source: Coinbackyard The Bank of Japan reached
Japan’s Yen Hit Its Weakest Level Against the Dollar in About 34 Years Read More »
