Bitcoin-based decentralized finance (DeFi) protocols are on fire! Total value locked (TVL) during the period increased by a staggering $304.66 million as of January 1, 2024, to a remarkable $7.117 billion. This surge shows that people are increasingly interested in using Bitcoin as more than just a store of value....
HyperEVM’s Layer 1 has experienced remarkable growth in Total Value Locked (TVL). This increase is propelled by the recently concluded explosion of decentralized applications (dApps) and an exciting initial HYPE airdrop. Since launching in February, the ecosystem has experienced record transaction volumes and application development. The airdrop, one of the...
Okay, fam, let's get real. Sure, we’ve all gotten a little burned with airdrop promises in the past. Recall that one crummy project that promised you lambos and left you with…nothing. Yeah, me too. Hyperliquid’s Layer 1, HyperEVM, achieved nearly $2 billion in Total Value Locked (TVL) in under five...
Let’s face it, if you think DeFi, you think Ethereum. The narrative is strong: Ethereum is DeFi. What if I told you that narrative is wrong, even dangerously so. Just imagine if the true blockchain revolution is taking place on a chain many still dismiss as a digital dinosaur. I'm...
Ethereum has been pulling a lot of media attention in the DeFi space, and rightfully so. Anjali Mehra Anjali is a DeFi opinion columnist, skilled at making complicated topics crystal clear. Today, she’s here to help illuminate what’s been powering Ethereum’s recent fortunes. Rather than bogging you down with heavy...
Okay, let's be real. We've all seen the charts. Ethereum's TVL is soaring. $72.1 billion, folks. That's not chump change. It’s enough to make even CZ break a nervous sweat. While everyone's busy patting Ethereum on the back after the Shanghai upgrade unlocked all that sweet, sweet staked ETH, a...
Ethereum’s Total Value Locked (TVL) has seen an impressive spike, rising close to 11% to around $72.1 billion. This growth further cements Ethereum’s top spot in the decentralized finance (DeFi) ecosystem. Solana and BNB Smart Chain (BSC) had equally astonishing rises. At the same time, other networks performed varied in...
Okay, let's talk frankly. We're all looking at that shiny $200 billion TVL in DeFi and thinking, "Wow, crypto's back!" I'm here to tell you that beneath the surface, something's rotten. While the headline may scream growth, the essential lifeblood of DeFi – capital – is currently hemorrhaging. A 50%...
Solana’s DeFi ecosystem is booming, with its Total Value Locked (TVL) reaching an all-time high of $17.5 billion. This wave has been driven by new protocols such as Jito, Kamino, and Jupiter and the strong cloud-based infrastructure that empowers the network. These platforms each offer unique value propositions that attract...
Okay, let's be real. We're not just talking about finance here; we're talking about vibes. Solana DeFi hitting $17.5 billion TVL? That’s not just the numbers increasing, it’s a significant cultural flex. And Jito, sitting pretty with $2.7 billion of that pie, is either a stroke of genius or the...
Further Reading
Ethereum's L2 Scaling: Is This the Memecoin Era's Savior?
Okay, let's be real. We've all been there. You finally track down that ideal Pepe NFT that’s surely set to be a blue-chip (possibly!), and then BOOM! Gas fees are rug pulls for your pockets. All of a sudden, that digital magnum opus is running you the price of your...
Ethereum’s progress towards its bold vision of being the decentralized backbone of Web3 was always going to be the result of constant innovation. Anjali Mehra, DeFi Policy and Opinion columnist at Forkast, highlights the Ethereum network’s recent progression. She especially highlights the potential positive impact of Layer 2 scaling solutions....
Ethereum's $42B L2 Bet: Pragmatic Genius or Risky Decentralization?
Forty-two billion dollars. Let that number sink in. That's the value currently secured within Ethereum's Layer-2 (L2) ecosystem. It’s an incredible figure, indicative of the potential just in scaling solutions developed and deployed on top of the Ethereum mainnet. Or is this just ideological, anti-government, tax-cutting zeal disguised as pragmatic...
Forexus' 'Brass Coin' NFTs Sell Out: What's Behind the Hype?
The NFT space is an extremely fast-moving environment, and it can be difficult to discern what’s truly valuable or useful to pay attention to. Here at GreedyChain, we do all the hard work to focus on the hottest NFT trends for you. The recent sell-out of Forexus' 'Brass Coin' NFTs...
MegaETH's Testnet Triumph: A Scalable Solution or Just Hype?
Forexus’ “Brass Coin” NFT collection exploded on the MegaETH testnet. Sold out in 4 minutes, $15 million (4,000 ETH) volume traded in the 1st day, floor price shot to $1. Sounds like a victory lap for MegaETH, doesn’t it. A beacon of hope from the future – a future when...
Forexus' NFT Frenzy: Is This Art or Just a Shiny Brass Coin?
Alright, now onto this Forexus Exhibit “Brass Coin” NFT collection. Sold out in minutes? That’s 4,000 ETH in one day on the MegaETH testnet! The art critic within me may just be raising an eyebrow, but the numbers are literally screaming. As someone who's spent more time staring at memes...
CBEX Exposed: How Crypto Ponzi Schemes Launder Millions Cross-Chain
The world of cryptocurrency is a wild and thrilling place, with immense opportunities, but it’s home to some nefarious characters. Learn more as Thabo Selepe, our cross-chain technology analyst, sheds some light on his expertise. He then breaks down the intricate tactics that Ponzi schemes employ to launder money between...
CBEX's Victims: A Wake-Up Call for DeFi's Social Responsibility
The news is filled with numbers: $800 million lost, percentages gained and lost, and the technical jargon of cross-chain swaps and virtual value transaction events. For every statistic, there is a human story—a beloved family member whose life has changed forever. The CBEX Ponzi scheme deliberately preyed on vulnerable, low-income...