Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $ 40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the $ 50 billion mark. …
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value of FTX’s total solana assets is a hefty $ 1.16 billion. However, it’s worth highlighting that a significant …
On the verge of dipping below the $ 40 billion mark on August 2, the overall value locked in decentralized finance (defi) has made a comeback, rising to over $ 41 billion. Additionally, the defi crypto sector has swelled to $ 45.08 billion, reflecting a 6.17% rise in just a day. Defi …