RSK TVL Overtakes that of Lightning Network as Interest in DeFi on Bitcoin Rises

Bitcoin-powered smart contracts platform RSK Network has eclipsed Lightning Network (LN) in terms of total value locked (TVL) in BTC having over 1,445 bitcoins locked, a recent announcement reads. Strong Demand for DeFi on Bitcoin In yet another major milestone for the RSK community, the secure, decentralized, Bitcoin-based smart contract platform RSK Network announced thatRead More

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Ethereum DeFi plus Binance Smart Chain Surpass $100 Billion In Total Value Locked

Ethereum’s recent run is one for the books. Their supremacy is under attack from every side, with great projects trying to steal a piece of their smart contracts pie. Nevertheless, ETH’s price and their blockchain’s adoption keep rising.

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Ethereum’s TVL in DeFi Achieves New Record Despite Investors Moving to Cardano

The value of Ethereum locked through decentralized finance protocols, and smart contracts have reached a new all-time peak of over $9 million. Ethereum in DeFi According to statistics from industry analytics provider, DeFi Pulse, the amount of ETH locked across the whole DeFi ecosystem is at a record $9.

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DeFi Will Obliterate JPMorgan – Messari Research Explains Why

DeFi is the fastest growing sector of the crypto market, with over $29 billion worth of value locked into smart contracts. It expands functionality and the use cases of cryptocurrencies. DeFi participants also save time and money in costs that are usually associated with traditional banking processes.

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Compound Finance Price Analysis - Nearly US$3.5 billion locked in

Nearly US$3.5 billion is locked within the COMP Compound Finance, in a mixture of assets including Bitcoin, Ethereum, and Dai. This total value locked into contracts on COMP is third largest, behind the MakerDAO and AAVE.

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The DeFi Sector Has Grown By 89% In Six Months

The total value locked (TVL) in decentralized smart contracts which averaged $2. 5 billion on July 15, 2020, has increased by 89% in six months to the current TVL of $23. 2 billion, according to data from leading on-chain DeFi metrics site DeFiPulse.

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How vulnerable are Ethereum smart contracts?

With the total value of assets locked in DeFi now worth over $13 billion, many expect this part of the crypto-space to grow at a rapid pace. In fact, in Q3 of 2020 alone, the DeFi ecosystem saw its trThe post How vulnerable are Ethereum smart contracts? appeared first on AMBCrypto.

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Here’s why DeFi and decentralized exchanges could grow even more

Decentralized finance (DeFi) has seen parabolic growth since the start of 2020, with the total value locked in these contracts, largely based on Ethereum, rising from $1 billion to $12 billion now.

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This Statistic Shows How Small Ethereum’s DeFi Space Really Is

Ethereum’s decentralized finance space has seen parabolic growth since the start of 2020. In the past nine months, the value of coins locked in DeFi contracts has surged from around $500 million to $10 billion — a statistic that may actually undershoot true values.

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В смарт-контрактах заблокировано более 15% Ethereum

Команда аналитической компании Unfolded опубликовала твит, в котором написала, что более 15% от общего предложения Ethereum (ETH) заблокировано в смарт-контрактах. Over 15% of ETH is locked in smart contracts | @glassnode pic.

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Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining

The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.

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DeFi bug results in loss of $8m in Ethereum, Chainlink, and stablecoins

Decentralized finance has undoubtedly grown exponentially over the past few months, with the value of DeFi coins and the value of cryptocurrency locked in these contracts simultaneously going parabolic.

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Aave Dominates after DeFi Loses One Unicorn, FTX Launches LEND Perpetual Contracts

Aave is now the dominating force in the DeFi world. With a dominance of 20. 72%, this lending protocol currently has $1. 54 billion of total value locked in it, out of the total DeFi TVL of $7. 45 billion.

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Nearly $1B wiped off DeFi TVL amid crypto market sell-off

Value locked in DeFi smart contracts is now around $8.6 billion, down from $9.5...

The post Nearly $1B wiped off DeFi TVL amid crypto market sell-off appeared first on Coin Journal.

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yEarn Finance Is Officially the Youngest DeFi Billionaire

yEarn Finance joins Aave, Maker, Curve, and Compound as DeFi protocols with $1 billion of assets locked in their smart contracts. The protocol's token, YFI, has been on a tear lately, doubling its market cap from two weeks ago.

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Cryptocurrency News Roundup for August 18, 2020

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier.

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Almost $10 Billion in Cryptocurrency Locked in Staking Contracts

Around $9,765,000,000 is currently locked up in staking contracts across various cryptocurrency networks. The combined value of all such contracts has been steadily growing since the crash in cryptocurrency prices that bottomed in mid-March of this year.

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'Flash Loan' exploits spark DeFi debate

DeFi protocols are swelling, with more funds than ever locked in smart contracts. But two recent exploits have highlighted their vulnerabilities—leading critics to suggest they are not as decentralized as they might appear to be.

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Funds Locked in DeFi Approach $1 Billion Milestone

The amount of money locked in decentralized finance (DeFi) contracts has just blasted through $900M — nearly reaching $920M at the time of publishing. DeFi is increasingly looking like it will be the main driver of Ethereum’s growth as its funds continue to increase.

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Tezos to Join DeFi Movement with StakerDAO

Given the burgeoning DeFi ecosystem, Tezos Capital CEO Jonas Lamis is launching StakerDAO, a decentralized autonomous organization (DAO) that will decide on which blockchains to stake for. Booming DeFi Market the Inspiration Behind StakerDAO According to DeFi Pulse, around $700 million is locked inside DeFi smart contracts.

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dYdX Protocol Registers All-Time High for Its ETH Lockup while DAI Lockup Amount Falls by 43%

dydx protocol is a decentralized margin trading and derivatives platform that allows users to lock up their Ether in smart contracts and uses can earn interest on it or draw DAI based on the locked amount.

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Nearly $500M Locked In DeFi Smart Contracts

Ethereum-based lending continue to dominate the nascent sector of decentralized finance (DeFi). Nearly half a billion dollars’ worth of assets are locked up in DeFi smart contracts, with stablecoin and CDP provider MakerDAO (DAI) remaining the clear market leader.

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Crypto Market OpenBazaar Confirms Upcoming Support for Ethereum

By CCN: Casually, OpenBazaar announced this week that it would be adding support for Ethereum. A random promotional tweet from the OpenBazaar account led one follower to ask about support for Ether and Dai, the algorithmic stablecoin which has over 1% of Ethereum locked in its contracts.

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Watchtowers Are Coming to Lightning

“The Eye of Sauron casts its gaze upon the Lightning Network. ”This is how Lightning Labs CTO Olaoluwa Osuntokun (aka, roasbeef) has heralded the coming of Watchtowers to the Lightning Network.

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New Metrics on SANgraphs: ETH Locked Over Time

Authors and metrics creators: Maxim Odegov and Serge Nedashkovsky. Over the past few years, a number of dAPPs have emerged that require users to lock a certain amount of Ethereum in their smart contracts in order to access their services.

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A Breakdown Of The MakerDAO Bug That Could Have Frozen Tokens In Voting Contracts

Earlier this week, a bug was found in MakerDAO's voting contracts that could have moved user tokens and locked them in voting contracts. Luckily, the issue was caught before malicious actors took advantage.

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$400M In ETH Locked In Just One Smart Contract Of This Crypto Project People Barely Know About

As dapp development takes off, the amount of users and funds stored in smart contracts will only continue to… The post $400M In ETH Locked In Just One Smart Contract Of This Crypto Project People Barely Know About appeared first on Invest In Blockchain.

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Volum ICO

VOLUM maximizes investment value and stability through its holding company structure. VOLUM invests in portfolio companies that currently possess, or have the ability to easily create, long-term asset value.

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Decentralized Exchange Hodl Hodl Is Launching a Bitcoin-Based Prediction Market

Hodl Hodl, a peer-to-peer cryptocurrency exchange, has announced that it is launching a prediction market on Bitcoin. Slated for launch in the spring of 2019, it would be the first Bitcoin-based prediction market to go live on Bitcoin’s mainnet.

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Two Percent Of All Ether Now Locked In Maker Contracts

The amount of Ether (ETH) stored in Maker contracts has reached unprecedented levels, with nearly 2% of the entire ETH supply now locked into the ecosystem. Rising demand for DAI stablecoins has seen MakerDAO’s collateral quintuple in the past seven months.

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$300 Million ETH Now Locked in Dapps

Close to $320 million eth is currently locked in various smart contracts that provide numerous functions like collateralized crypto lending, decentralized betting, or more scalable crypto payment systems.

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Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin

Bitcoin users may, before long, be able to benefit from a trick called “Taproot. ” First proposed by Bitcoin Core contributor and former Blockstream CTO Gregory Maxwell, Taproot would expand on Bitcoin’s smart contract flexibility, while offering more privacy in doing so.

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Secret Trees ICO

Secret Trees is an environmentally-conscious agricultural company and next generation technology services provider. Founded in 2018, Secret Trees aims to contribute to a sustainable global agro-economy through the industrial and commercial development of the growing demand for the agricultural crop Hemp.

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About 1M ETH or Almost 1 Percent of the Total Supply Locked in MakerDAO Smart Contracts

CoinSpeaker About 1M ETH or Almost 1 Percent of the Total Supply Locked in MakerDAO Smart Contracts According to Mike McDonald, MKR. tools creator, almost 1 percent of the total Ethereum supply (about 1 million Ethereum) is currently locked in MakerDAO smart contracts.

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Betbox ICO

Betbox is a fully decentralized ecosystem acting in various dApps with the assignment to provide a fully transparent, fair and yet challenging environment for people with a passion for gambling and a sense for competition.

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All locked up Elastos (ELA) coins will be returned to lock-in ELA holders on November 5

Elastos (ELA) is a new blockchain whith totally decentralized P2P economic infrastructure which authenticates digital rights, transfers contracts, and turns digital information into assets through blockchain technology.

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Bodhi Bets on the Decentralized Prediction Marketplace

As with brick-and-mortar industries that are slowly fading away to the globalism of the online world, so too will the traditional prediction market industry have to innovate to keep up with the sheer efficiency, reliability and security that the decentralized prediction markets promise to bring.

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HashFlare Crypto Cloud Mining Service Blocks Small User Withdrawals

HashFlare Has Blocked Small User Withdrawals HashFlare appears to be holding funds hostage via a combination of inefficient mining and an increased user withdrawal threshold. Those who purchase HashFlare mining contracts have seen the funds and mined crypto coins locked up.

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Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach.

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Jeff Garzik on His Newest Venture and Keeping Time With an Evolving Space

Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.

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