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Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance

Defi TVL Jumps 12% Since Mid-December, Close to B in Bridges, Convex Gains on Curve’s DominanceThe total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’

Polygon Acquires Mir Protocol in 0M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on Zero-Knowledge Cryptography as the […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included

Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not IncludedThe cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up hassle,” as the firm believes “defi has tremendous potential to help increase […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes

Total Value Locked in Defi Reaches 0 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex VolumesDuring the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 Tokens

Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 TokensSwitzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’