Tag: Ethereum

Fantom (FTM) surpassed Binance Smart Chain (BSC) over the weekend to become the third-largest decentralized finance (DeFi) ecosystem by total value locked (TVL), as the value locked on DeFi-focused projects built on Fantom surged 52% in the past week. Ethereum remains the top DeFi protocol by value locked. On Monday, more than $12.2 billion worth…

Twitter has launched its long-anticipated NFT profile picture feature for Twitter Blue subscribers. It allows iOS users to link their crypto wallets to Twitter and display their NFTs in a hexagonally-shaped profile picture as proof of authenticity. On Thursday, Twitter announced the launch of its NFT profile picture feature for Twitter Blue users, a paid…

Analysts at JPMorgan led by Nikolaos Panigirtzoglou have suggested that Ethereum, the second-largest cryptocurrency by market cap, could see its dominance in the decentralized finance (DeFi) space fade to rivals.   According to Bloomberg, the analysts revealed that until the final phase of sharding, which they described as the “most critical” development for scaling Ethereum,…

The Filecoin cryptocurrency is primed to join a large family of projects that implement smart contracts, which entails compatibility with Ethereum and the possibility of building DeFi services on this platform. The development team of the Filecoin project (FIL token) starting their own virtual machine is, in my opinion, one of the most important recent…

We need a way out. We need a way up. That’s why I – and so many others – have jumped into cryptocurrency with both feet, says Rohit Thawani on The Guardian. I must begin this article by stating that the information I’m providing is not financial advice. I think I legally have to say…

Bitcoin’s major upgrade, known as Taproot, has activated this weekend to improve the blockchain‘s functionality. It’s the first major upgrade since 2017. Developers are now able to add new features to improve privacy, scalability, and security on the Bitcoin blockchain. As Forbes reported, the long-awaited Bitcoin upgrade was deployed Sunday morning and will unlock the…