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Showing posts with the label uniswap

Top Crypto to Invest in Right Now August 31 – Uniswap, Helium, ORDI

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Crypto analyst Michael Van de Poppe has recently discussed the altcoin market’s potential for a significant breakout. The analyst highlighted a developing bullish pattern represented by a “higher low” formation. This pattern could signal a trend reversal in the altcoin market. He further suggested that the market structure indicates a possible upward shift when viewed on a larger time frame. He projects that this turnaround might become evident by September. As such, traders are seeking the top altcoins to consider for investment, anticipating the bullish trend. Top Crypto to Invest in Right Now Uniswap is the second-largest protocol on the Polygon network, with a TVL of $226 million. Meanwhile, Helium recorded an intraday price increase of 1.62%, bringing its value to $7.15. Additionally, SUN’s recent performance indicates rising market interest and optimism for decentralized finance applications. These developments place each asset among the top crypto to in...

December DeFi exploits were the lowest in 2022: Finance Redefined

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The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The end of 2022 saw the least value of stolen funds from DeFi, with $62 million worth of exploits in December. While the figure might seem a relief given the multiple bridge hacks and hundreds of millions of dollars stolen this year, cybersecurity experts have warned that the ecosystem would see no decrease in exploits, flash loans or exit scams in 2023. Lido protocol overtook MakerDAO to have the highest total value locked (TVL) in the DeFi ecosystem. In other news, Mango Markets hacker Avraham Eisenberg was detained pending trial. The start of the new year saw a GMX whale hacked for $3.5 million worth of GMX tokens. The hackers took control of 82,519 GM...