Crypto startup Hourglass launches the first-ever marketplace for trading Time-Bound Tokens (TBTs), allowing users to gain liquidity from locked-up assets in DeFi protocols. By selling the rights to the time duration in a secondary market, Hourglass aims to address liquidity challenges faced by users with lengthy withdrawal wait times.
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Ethereum’s Double Troubles: Resilience vs. Reliability Debate in Blockchain’s Future
The Ethereum network recently faced two performance issues within 24 hours that temporarily halted block finalization. Though the network recovered, concerns about its reliability resurface, potentially affecting market confidence and Ethereum’s role in the $27 billion total value locked across various financial infrastructures and applications.
Lido’s v2 Upgrade: A Step Towards Decentralization or Risky Gamble for Ethereum Staking?
Lido is currently voting on its second iteration, v2, on the Ethereum blockchain. The upgrade aims to introduce ETH staking withdrawals and a “Staking Router” for diverse node operator participation, potentially increasing decentralization and expanding Ethereum’s staking ecosystem.
Exploring Bitcoin’s DeFi Ecosystem: Growth, Meme Coins, and Soaring Transaction Fees
Developers have deployed Uniswap’s smart contracts on the Bitcoin network, creating Trustless Market, which generates daily volumes of $500,000 and attracts over 2,000 users. Although currently focused on meme coins, developers and enthusiasts are optimistic about the potential growth and diversification of the Bitcoin-based DeFi ecosystem.
Binance Resumes Withdrawals Amid Network Congestion: Lightning Network as Solution?
Binance resumed Bitcoin withdrawals after a temporary pause due to network congestion but delays in transaction verifications may persist. The exchange is exploring the use of Bitcoin’s Lightning Network to speed up withdrawal times in the future.
Network Congestion and BTC Withdrawal Issues: Uncovering the Facts and Impact on Crypto Markets
Bitcoin withdrawals face issues on exchanges like Binance and Robinhood due to network congestion, leading to high fees and pending transactions. Binance has temporarily suspended withdrawals, but data reveals significant Bitcoin outflows, causing market-wide selloffs in altcoins. It’s crucial to conduct diligent market research before investing in cryptocurrencies.
DeFi Security Breaches vs Liquid Staking Surge: Analyzing Risks and Rewards in Crypto
April’s decentralized finance (DeFi) hacks resulted in over $100 million in losses while liquid staking protocols surpassed decentralized exchanges (DEXs) in total value locked, signaling impressive changes within the DeFi space amid security concerns.
Chronos DEX Milestone: Decentralization Rising in DeFi Despite Security Risks
Decentralized exchange Chronos reached $217 million in total value locked (TVL) within a week of launching on the Arbitrum blockchain, highlighting the growing prominence of DEXs in the DeFi sector. As technology and regulations evolve, DEXs are poised to play a vital role in the crypto ecosystem, offering opportunities and challenges for traders despite security risks.
Exploring Tenet: Cosmos-Based Blockchain and Liquid Staking Revolution in DeFi Sector
A new Cosmos-based blockchain, Tenet, leverages liquid staking coins from other networks to secure transactions, potentially inheriting older networks’ security. This development comes as liquid staking gains prominence in the decentralized finance (DeFi) sector.
Liquid Staking vs DEXs: Battle for TVL Dominance in the DeFi Space
In the swiftly-evolving world of decentralized finance (DeFi), a significant shift has occurred: liquid staking […]
Liqwid Finance Soars 80% in April: Cardano DeFi Breaks Records With a Dash of Humor
The total value locked (TVL) in Liqwid Finance has shown impressive growth, soaring 80% in […]