# DeFi

The Clock is Ticking for Bitcoin to Make a Massive Move; What Analysts are Saying

Bitcoin’s price has been caught within an incredibly tight consolidation phase over the past few weeks Multiple trend catalysts – both bearish and bullish – have arisen during this time, yet none of them have been able to provide BTC with any notable momentum Analysts are now noting that this won’t last for too much […]

SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months

The U.S. Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something. As a result of this lack of clarity, Peirce says questions about the regulatory structure and how these tokens could affect corporate governance will continue to linger. Speaking […]

DeFi market cap drops 25% in one day

The DeFi markets took a sharp downturn yesterday, with the combined capitalization of DeFi assets falling 25% while volumes shrunk 30%. The decentralized finance (DeFi) bubble continues to deflate, with crypto market data firm Sentiment reporting a 25% crash in the market capitalization of DeFi assets during yesterday alone. In a blog post published Oct. […]

Ethereum hashrate hits a new high of 250 TH/s

The hash rate on the Ethereum network has surged 80% since January, surpassing the previous highs set in August 2018 The amount of computational power needed to process transactions and secure the Ethereum network has spiked to hit a new high. As of writing, the network’s hash rate is more than 250 terahashes per second, […]

MetaMask drops the hammer on the DeFi industry

The software for accessing ETH blockchain now supports the token swap feature. The new functionality may become a game-changer in the DEX and DeFi industry. MetaMask dives into DEX business MetaMask is a comprehensive software for accessing Ethereum blockchain and performing various operations within the ETH ecosystem. Developed by the Ethereum dev company ConsenSys, it […]

The popularity and hidden danger of DeFi

Those who pay attention to the cryptocurrency space are likely heard of decentralized finance and the immeasurable wealth that it has created for many people. According to OKLink data, in June 2020, the total value locked on DeFi is only about $1 billion, however, by September, this number had grown to $9.83 billion, recording an […]

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