Queue your rocket emojis, because ETH is flying.  ETH broke through the $3k milestone on Sunday and reached a new all-time high above $3,300 on Monday with its market cap just under $3.8B. Now, some DeFi community members are saying that ETH at $10k is on the horizon. But ETH’s massive price surge hasn’t been…

The Maker Foundation is sending 84K MKR tokens, worth $512M at the time of writing, to its DAO’s Treasury. The move is a major step towards further decentralizing the protocol. MKR holders will now decide via governance how the 84K tokens will be spent. Tokenholder governance will also oversee employees who were previously supported by…

Using InstaDapp‘s built in DeFi simulator you can get a feel of how lending, borrowing, and liquidity providing works in DeFi.

Ten subgraphs, eight of which track DeFi protocols have moved to The Graph’s decentralized network. The subgraphs are the first to ever migrate from The Graph’s hosted service to the decentralized mainnet and thus represent a major step towards the project’s goal of becoming the go-to decentralized indexing protocol for querying blockchain data. The Graph’s…

Notional Finance, a decentralized fixed-rate lending protocol built on Ethereum, closed a $10M Series A funding round led by Pantera with participation from ParaFi, 1confirmation, Spartan Group, Nascent, Nima Capital, and others.  “Notional’s mission is to bring fixed-rate borrowing and lending to Ethereum and take DeFi to a more mainstream audience that is interested in…

As coronavirus cases spiked to over 300K new cases per day in India, the co-founder of Layer 2 solution Polygon, Sandeep Nailwal, tweeted on April 24 that he “can’t take this sitting down anymore,” and started the India Covid Crypto Relief Fund, which has raised over $3M as of April 27. The donated funds span…

ETH is breaking new all-time highs of just under $2,800 on Thursday, and the breathtaking rally from $200 a year ago is coming with a boom in users. MetaMask said it has surpassed the 5M monthly active users milestone, while a popular Dune Analytics dashboard shows DeFi users just recently climbed above 2M for the…

1Inch released 1Inch Wallet, a non-custodial DeFi wallet for IOS yesterday. At launch, 1Inch Wallet’s features primarily revolve around swaps, with plans to introduce staking, governance, and liquidity pools in the future. 1Inch Wallet offers IOS users the same settings and aggregation functionality as the 1Inch dapp for both Ethereum and Binance Smart Chain, and…

Polygon’s token is rising the most among all cryptocurrencies in the past 24 hours, while assets in its networks spike. The activity is a sign an increasing number of users are betting the project will become a leading Ethereum scaling solution.  Polygon’s MATIC token is up more than 30% just in the past day, the…