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Rising Dominance Of Arbitrum and Base Defies Liquidity Fragmentation Narrative
Blockchains

Rising Dominance Of Arbitrum and Base Defies Liquidity Fragmentation Narrative

Base and Arbitrum account for half of the TVL, active addresses, DEX volume, and transactions on Layer 2s, while roughly 10 networks account for more than 90%.
crypto trading against the Argentine Peso
Markets

Argentine Peso Crypto Trading Volume Grows by 400% This Year

Argentina's local currency is the fast-growing crypto trading pair in Latin America.
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Blockchains

Blast Token Tumbles as Layer 2 Unveils Season 2

The Ethereum Layer 2 network revealed information about its Season 2 rewards structure and the future vision for the chain.
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CeFi

Centralized Exchange Losses to Hacks are Up 1,000% This Year: ImmuneFi

Hackers stole $572 million in Q2, up from $345 million in the previous quarter.
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DeFi

Memecoin Infrastructure is Taking Over DeFi

Pump.Fun and Telegram bots accounted for nearly $50 million of revenue in June.
Bitcoin symbol with downward-trending arrows in neon colors
Markets

Bitcoin Drops Below $60,000 as Mt.Gox Fears Resurface

Analysts believe that sell-off concerns relating to Mt. Gox Bitcoin repayments will be short-term.
Bitcoin Miner Genesis Digital Reportedly Eyes U.S. IPO 
TradFi & Fintech

Bitcoin Miner Genesis Digital Reportedly Eyes U.S. IPO 

Alameda Research, the sister trading firm of the failed FTX exchange, invested $1.15 billion in Genesis Digital.
Introducing $RAYS: How to Optimize Your DeFi Rewards with Summer.fi's New Points System
DeFi

Introducing $RAYS: How to Optimize Your DeFi Rewards with Summer.fi's New Points System

Chris Bradbury is the CEO of Summer.fi (previously oasis.app) which is a prominent DeFi protocol that enables users to borrow, lend, and multiply assets across multiple DeFi protocols. Summer.fi's $RAYS is a new points system designed to reward users for engaging with DeFi protocols, offering incentives based on activity and long term participation.
eth logo with a crown
DeFi

Data Contradicts Narrative: Ethereum Continues to Dominate Layer 1 Sector

Ethereum leads in terms of smart contracts, Layer 1 revenue and DeFi TVL.