Theredcentre

Risk management plays a crucial role in the decentralized finance (DeFi) ecosystem, as it helps protect investors’ assets and maintain the stability of the platform. However, there is an ongoing debate between proponents of paternalism and those who believe in the invisible hand of the market. Paternalism in Risk Management Proponents of paternalism argue that … Read more

Ether (ETH) has been outperforming bitcoin (BTC) this year, with a 33% gain year-to-date. This surge in price is not solely driven by the potential approval of a spot exchange-traded fund (ETF), according to a research report from broker Bernstein. One of the key factors contributing to Ether’s rally is its deflationary supply. Since the … Read more

The decentralized finance (DeFi) sector has witnessed a significant resurgence, with recent data showing that the total value locked (TVL) has surpassed $80 billion. This marks a dramatic turnaround since the collapse of Terra’s stablecoin in May 2022. One of the key players driving this growth in 2024 is Lido’s liquid staking platform. Lido has … Read more

The recent surge in the cryptocurrency market on February 23rd, particularly with Uniswap’s native token, UNI, rising by 71%, highlights the evolving dynamics within the crypto space. This significant increase, marking UNI’s highest price point since March 2022, has sparked renewed interest in decentralized finance (DeFi) and brought attention to innovative proposals. Source: Coingecko Uniswap … Read more

Arbitrum (ARB), the Ethereum Layer 2 scaling solution, has experienced a recent price drop, falling below the $2 mark after a brief attempt to establish a new price floor. This decline, attributed to several factors including increased selling pressure and bearish technical indicators, raises questions about the token’s short-term trajectory while highlighting long-term potential. ARB … Read more

Decentralized finance continues to drive advancements in the crypto space, and the recent launch of Aave on the BNB Chain is a testament to this growth. The announcement on Feb. 22, 2024, marked the successful integration of Aave’s money market protocol onto the BNB network. With a total value locked (TVL) of $8.571 billion, Aave … Read more

Uniswap (UNI), one of the largest decentralized cryptocurrency exchanges (DEX) by trading volume, has made an important announcement regarding deploying its v2 protocol on six additional chains. The chains on which the v2 protocol has been deployed include Arbitrum (ARB), Polygon (MATIC), Optimism (OP), Base, Binance Smart Chain (BSC), and Avalanche (AVAX). Uniswap Widens v2 … Read more

Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance Pyth Network made a significant announcement on Tuesday, revealing the launch of real-time price feeds for bitcoin exchange-traded funds (ETFs). This development is poised to enhance the availability of critical data to both decentralized finance (defi) developers and the wider crypto and … Read more

NEAR has consistently followed the market trend since the start of the year. The latest market data shows the token is up nearly 30% bi-weekly. This is evidence that investors are still hyped by the recent growth featured within the broader market and the recent developments on the NEAR Protocol. Commentary: The consistent rise in … Read more

Cardano (ADA), the eighth-largest cryptocurrency by market cap, has defied the recent market downturn, experiencing a 14% price jump in the past week. This bullish momentum can be attributed to a combination of factors, including impressive ecosystem growth, strong technical analysis, and increasing investor confidence. Cardano TVL Skyrockets, Stablecoins Gain Traction The recent Messari Q4 … Read more