Is This the End of OpenSea’s Dominance? OpenSea’s dominance as the most popular NFT marketplace has been staggering. Its closest competition, Magic Eden, typically sees less than 30% of Opensea’s monthly volume. Monthly NFT Sale Volume Distribution Across Platforms

Privacy Tokens are Struggling to Stay Exchange-Listed Centralised banking is anything but private. Banks are required by law to carry out KYC (know your customer) checks and abide by AML (anti money laundering) laws, which erode any possibility for customers to retain anonymity. …

Are L2’s the answer to Ethereum’s woes? When blockchains achieve a certain user-base, some aspects of their functionality can deteriorate. The obvious example is Ethereum. Vitalik Buterin’s initial aim for the project was to build an alternative to Bitcoin which could be faster and cheaper than its predecessor. Recently however…

December 2021 Update: It is now TOO EXPENSIVE to use UNI for anything other than very big transfers and the ‘fee-flippening’ has happened ages ago, viz;

Hello fellow crypto enthusiasts! As we come to the end of the year, it’s a good time to look back at the events that shaped the crypto market in 2022. It’s been an exciting year to say the least, with plenty of highs and lows. …

Over the last week, the price of ETH has risen by around 6% to a price of around $1,6140. Optimism surrounding the second of Ethereum’s testnets (Sepolia) transitioning to proof of stake, in addition to the shock of rising interest rates beginning to cool off slightly might be considered some…

On July 7th, Aave announced their intention to launch a new crypto-backed stablecoin GHO. The full announcement can be read here. It will run on Ethereum mainnet meaning this will have all the features of ETH but will also cost ‘gas’ which today (at a price of 15 Gwei) means…

How has DeFi usage moved during the bear market? DeFi platforms rely on sustained usage to survive. If users get cold feet, liquidity pools can dry up and functionality begins to decrease. With tumbling crypto prices putting strain on these platforms, let’s take a look at whether DeFi usage and…

Market downturns are causing illiquidity to spread amongst DeFi platforms. (Image: Marca) The past few months have not been kind to the DeFi sector. Since the first of April, $40B has been pulled — with its TVL (total value locked) now sitting at around $38B. …