Decentralized Finance

Maker, one of the pioneering DeFi lending platforms on Ethereum, has recently undergone a rebranding to “Sky” alongside significant upgrades to its decentralized stablecoin ecosystem. This rebranding includes renaming its stablecoin from DAI to USDS and its governance token from MKR to SKY. Additionally, users can now access the upgraded SKY token by supplying USDS
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As the cryptocurrency market grapples with uncertain price movements and lack of clear direction, the Ethereum (ETH) network is on the brink of a major transformation with the upcoming Pectra upgrade scheduled for the first quarter of 2025. This upgrade has garnered significant attention from bullish analysts who believe it could be the driving force
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Cryptocurrency journalism is a niche field that requires a deep understanding of the complexities and intricacies of blockchain technology. Semilore Faleti, a dedicated cryptocurrency writer, has proven himself to be a valuable asset in this fast-paced industry. With a keen focus on educating and informing his audience, Semilore has established himself as a trusted source
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Ethereum’s Layer 2 ecosystem has been making waves with a new record for daily transaction volume, reaching an impressive 12.42 million on August 12. This growth highlights the rapid advancements in scalability, potentially driving user engagement to new heights. The surge in daily transactions, reported by Growthepie, shows a 140% increase year-to-date, indicating the growing
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The world of cryptocurrency was shaken when Bitcoin was introduced a decade and a half ago. Since then, the identity of Satoshi Nakamoto, the creator of Bitcoin, has remained a mystery. Various theories and speculations have emerged, with different prominent figures being pointed to as the potential creator. One such theory emerged from software developer
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Solana has seen significant growth in its decentralized exchange (DEX) volume, surpassing Ethereum in July. With $55.8 billion in transactions, Solana outpaced Ethereum’s $53.8 billion, marking its second-highest monthly volume to date. This surge can be attributed to platforms like Raydium, Orca, and Phoenix, which have contributed to the network’s success. Despite Solana’s impressive volume
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