Cake DeFi Prospers in Troubling Periods

With the chaos in the cryptocurrency market this year, it’s a surprise that a certain coin is still able to make money while others like bitcoin and Luna are making considerable losses and finding it hard to get out of the situation in which they find themselves. Considering this is just the first Quartile, the […]

Binance Stops Apecoin Lending Following Skyrocketing Demand

Popular and controversial crypto exchange, Binance, has announced that it would no longer offer Apecoin lending on its platform as its supply of the token cannot meet its demand. Famous china-based crypto journalist, Collins Wu, was the first to observe the notification on the Apecoin lending page. The demand for Apecoin started increasing following the […]

LBank and ETHDubai Collaborate for an Exclusive Event

Popular cryptocurrency exchange LBank merged with ETHDubai to hold an exclusive event. The event, which took place at LBank Labs, was scheduled to discuss the development of the ETH blockchain and sensitize people about the new internet iteration Web3.  The event was graced by prominent venture capitalists, blockchain speakers, CEOs and founders of crypto firms, […]

Ethereum Layer2 Activities Reach New ATH in Gas Fees

Activities in Layer2 have established a new record based on gas fees on the ETH blockchain. Based on data collated from Rebuffo through Dune Analytics, activities in the protocol consumed above 30 billion in transaction fees in March alone.  The gas fees came from processed transactions and others in the protocol. The data means Layer2 […]

Bitcoin (BTC), Ethereum (ETH) Technical Analysis – March 12, 2022

Ethereum traded nears its $2,550 support again on Saturday, as cryptocurrencies continue to consolidate. Bitcoin and Ethereum have mainly hovered sideways since the massive upsurges on Tuesday. Sideways actions emerge as the market sees heightened uncertainty. Bitcoin (BTC) Bitcoin trades about 1% down at this publication, as the leading crypto by value remains beneath $40K […]

DeFi TVL In ETH Drops Below 55%, Putting Ethereum’s DeFi Supremacy In Jeopardy

The decentralized finance ecosystem keeps evolving with each passing period, taking new twists and turns in line with the market’s advancement. The Ethereum blockchain technology has been the most dominant of all in the blockchain sphere as it has no equal. For some time now, no blockchain player has matched its dominating shadow. But nothing […]