DEX

POKKET: Crypto Market Update (Nov 11)

POKKET: Crypto Market Update (Nov 11)

24-Hour Crypto Prices: BTC - $65,069.90 -3.3% 📉 ETH - $4,625.83 -2.4% 📉 BNB - $619.07 -2.2% 📉 LINK - $34.17 +0.6% 📈 Matic - $1.71 -6.1% 📉 FTM - $2.62 -7.2% 📉 NFT artist Beeple sells his first hybrid physical and digital NFT for $28.9 million. HUMAN ONE is a 3D moving sculpture depicting a person in a spacesuit walking across multiple environments. The art piece is connected to a deed of ownership issued on the Ethereum blockchain.  Huobi Global will be halting services for all Singapore-bas…
What is Yield Farming?

What is Yield Farming?

By Wilton Zigler What is yield farming? In decentralized finance (DeFi) yield farming is a small component of decentralized applications or (dApps) used to maximize the rate of return on your cryptocurrency using various DeFi protocols. Returns can be very lucrative, up to 1,000% APY and higher. With yield returns this high it’s not surprising that user adoption has been increasing. Here are some examples of yield farming. Lending & Borrowing Popular DeFi lending platforms such as Maker, Com…
POKKET: Crypto Market Update (Oct 4)

POKKET: Crypto Market Update (Oct 4)

Bitcoin is flat but tried to make a run for $50k overnight. ETH is relaxed at $3415. Movers are ADX +48%, AXS +22%, APPC +12%, POLY +10%, CRV +9%. DEX spot volume to CEX volumes were 6.67% for September which is a decline from August’s 7/54% according to TheBlock. Compound took another hit as someone took advantage of the drip() Compound Reservoir, sending $69M of COMP to Comptroller — four users managed to syphon $22M out of this. Community devs knew of this bug, but could not implement a fix d…
POKKET: Crypto Market Update (Sep 23)

POKKET: Crypto Market Update (Sep 23)

Crypto market recovers, with Bitcoin +4% to $43.8k, ETH back +7.5% to just above $3k. Movers are CELR +33%, IOST +27%, POND FTM +26%, FET CTSI +22%, ALICE AXS MANA +21%, CHR +18%, REN +17%, and rest are up, with no token in Pokket universe down. Blockdaemon closed a $155M series-B round, with plans to expand its teams in Singapore, Japan, and the UK and to make strategic acquisitions to build out its tech stack with the goal of becoming the biggest blockchain infrastructure company. Bitcoin mini…