Leading DeFi giants Sky and Aave launch Sky Aave Force to boost sector growth
Leading DeFi protocols Aave and Sky (formerly MakerDAO) have partnered to launch Sky Aave Force, aiming to bridge the gap between decentralized finance and traditional…
Category: Crypto Slate
Ethereum 2.0 deposit contract surpasses 50 million ETH amid centralization concerns
Quick Take The Ethereum 2.0 deposit contract has reached a significant milestone, with its balance surpassing 50 million ETH in USD value, according to Glassnode.…
Bitcoin funding rate volatility shows market-wide caution
The funding rate is a key mechanism in Bitcoin perpetual futures designed to keep the contract price as close as possible to BTC‘s spot price.…
Bitcoin’s fifth epoch heralds potential for major price breakout amid stabilizing market
Onchain Highlights DEFINITION: Bitcoin price performance since halving cycles Bitcoin’s price trajectory across its five halving epochs highlights the influence of supply shocks on long-term market…
VC funding for crypto startups soars to $634M in August
Venture capital (VC) funds invested $634 million in crypto startups in August — up 15% from July, based on DefiLlama data. Projects focusing on blockchain…
FTX bankruptcy faces new hurdles as SEC flags repayment concerns
The US Securities and Exchange Commission (SEC) has issued a filing expressing concerns over the proposed repayment strategy in the ongoing FTX bankruptcy case. The…
Ethics experts raise conflict of interest concerns over Trump family crypto project
Ethics watchdogs have raised concerns over former President Donald Trump’s promotion of his sons’ upcoming crypto project, warning that it could pose a significant conflict…
Long-term Bitcoin holders display strategic patience amid 2024 price rallies
Onchain Highlights DEFINITION:Â The total amount of coins that return to circulation after being untouched for at least one year. In other words, it is…
DEX trading volume falls 9% to $179 billion month over month
Decentralized exchanges (DEX) registered $179 billion in spot trading volume last month, falling 9% on a monthly basis, while their centralized peers rose roughly 8%…
Crypto ETFs account for more than half of all funds launched in the US this year
Crypto-related exchange-traded funds (ETFs) dominate year-to-date flows among the nearly 400 ETFs launched this year, as 13 out of 25 of these funds are indexed…