Synthetix Network Token (SNX) rebounds as on-chain strength flourishes

Synthetix Network Token’s price has seen some volatility over the past couple of days, with inflows of selling pressure coming about due to the massive amount of SNX tokens stolen due to the recent KuCoin hack.
The post Synthetix Network Token (SNX) rebounds as on-chain strength flourishes appeared first on CryptoSlate. …

Data shows over 100 million unique users now have Bitcoin and crypto accounts

A new report commissioned by the Cambridge Center of Alternative Finance, a research effort focused on cryptocurrencies, said over 101 unique million users opened new accounts at crypto service providers such as exchanges and wallets.
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This DeFi trend suggests crypto will reach a market cap in the trillions in the future

While Bitcoin, Ethereum, and other crypto-assets have seen parabolic growth over recent years, they’re far from relevant on a macro scale.
The post This DeFi trend suggests crypto will reach a market cap in the trillions in the future appeared first on CryptoSlate. …

Bitcoin basher Nouriel “Dr. Doom” Roubini brands $13b DeFi industry “vaporware”

The decentralized finance space has seen a parabolic explosion since the start of 2020.
The post Bitcoin basher Nouriel “Dr. Doom” Roubini brands $13b DeFi industry “vaporware” appeared first on CryptoSlate. …

LEND, the DeFi darling up 5,000% in 2020, is about to undergo a critical upgrade

Aave has quickly become a flagship product in Ethereum’s DeFi ecosystem.
The post LEND, the DeFi darling up 5,000% in 2020, is about to undergo a critical upgrade appeared first on CryptoSlate. …

Chinese state TV just shilled DeFi and Ethereum to hundreds of millions of users

Over the past few years, Chinese authorities have undergone a strong crackdown on most things crypto in the country.
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