Data shows that traders are easing back into DeFi as the top protocols register an uptick in transactions and total value locked.

Ethereum has regained the $2,000 zone.

Ethereum surge past its previous ATH of $2,036 today after spending most of last month in consolidation. The second-largest cryptocurrency by market cap managed to soar past its previous ATH after breaching key resistance levels against Bitcoin. Eth was facing a lot of criticism over its mounting gas fee issue but the addition of EIP-1559,

The post ETH Records New ATH After Breaking Key ETH/BTC Resistance appeared first on Coingape.

Aave, the DeFi platform, has announced that it will be implementing Polygon to offer more scalability and lower fees amid increasing congestion on the Ethereum Network. The platform was originally launched on Ethereum L1 and quickly became one of the most important Decentralized Finance (DeFi) projects during the “DeFi Summer” of 2020, a period in [...]

The post Aave Will Integrate With Polygon Sidechains for Much Lower Fees appeared first on Blockonomi.

The blockchain platform Qtum has announced the partnership with Vaccine Forward to help the fundraising initiative to raise vaccines for distribution to over 92 countries. The goal of the partnership is to raise $2 billion to speed the vaccination process through some of the world’s poorest countries, with the Qtum Chain Foundation committing to match [...]

The post Qtum Partners with Vaccine Forward to Boost Global COVID-19 Vaccination Efforts appeared first on Blockonomi.

CryptoNinjas » NFT marketplace OpenSea to support layer-2 trading via Immutable X

OpenSea, the world’s largest NFT marketplace, announced today that will be supporting trading via Immutable X, a gas-free layer-2 protocol for Ethereum NFTs which embraces decentralization at its core. “Integrating Immutable X enables us to offer users a gas-free trading experience without sacrificing the security of the Ethereum network. We’re rolling this out not only […]

CryptoNinjas » NFT marketplace OpenSea to support layer-2 trading via Immutable X