State of Compound Q1 2022
Key InsightsOutstanding Loans and Deposits fell 42% and 32%, respectively.Liquidation metrics increased 290%, exceeding $134 million in Q1.COMP incentives have dropped 50% in the quarter and are set to diminish…
Weekly Recap Ending April 14
Notable Messari Intel UpdatesCircle Internet Financial, the issuer of USDC, announced that it has agreed to raise $400 million from BlackRock, Fidelity Management and Research, Marshall Wace LLP, and Fin…
Blockchain Interoperability Solution Allbridge ‘Brings DeFi to the XRP Ledger’
On Thursday (April 14), the team behind cross-chain bridge Allbridge announced that it had “successfully integrated support for XRP Ledger (XRPL), a decentralized, public blockchain built for payments,” delivering on a promise…
Ripple CEO on Use of $XRP for Payments, Macro Factors Affecting Crypto, and SEC Lawsuit
On Thursday (April 15), Ripple CEO Brad Garlinghouse explained why his firm uses the $XRP token for payments, why he is “incredibly bullish” on crypto, and why Biden’s executive order…
Platypus to Release GameFi Edition
Platypus is launching their gamified interface in May of 2022, under the name Platopia. Within the Platopia realm, utility NFTs can be minted and traded to catalyze superior performance. Platypus…
Report: Ethereum Merge isn’t Taking Place in June
Contrary to the community’s expectation, the Ethereum merge date will be extended and probably is not taking place this June. However, with all the happenings since the beginning, the merge…
Cardano ($ADA) Price Breaks Six-Month Losing Streak in March as Long-Term Holders Pile up
Last month, the price of Cardano’s native currency $ADA broke a six-month losing streak by ending the month with a positive return of 18.4%, at $1.19. The cryptocurrency’s price had…
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