OpenSea is the largest secondary marketplace for trading crypto collectibles and non-fungible tokens (NFTs). Users can sell and purchase collectibles like CryptoKitties or Crypto Punks, and even create their own marketplace to showcase new NFT collections — and as of Jan. 28, there’s a new superstar on the market.
Transaction fees on the Ethereum network have been increasing rapidly since late July 2020, when “the Summer DeFi Boom” visibly started. We broke down daily Ethereum fees by the hour, to highlight the best times to transact per region. We also take a look at the types of accounts that are causing these fee surges.
“Data integrity is a core value of the Kava DeFi platform. In an effort to increase the standard of transparency to the larger crypto community, Kava has partnered with Flipside to bring real time data about the activity and health of the Kava project to the public. This information is imperative and we hope more DeFi projects will join us in this pursuit.”
Stakeholders who deposit exactly 32 ETH (worth around $19,000 at the time of writing) to the deposit contract will become validators on Ethereum 2.0. Here’s how many have already done so.
Since the price of BTC started to increase, whales have sent a total of 423,914 BTC to other addresses on the blockchain. That’s equal to 5.5 billion dollars divided up in “smaller wallets” which hold under 1,000 BTC.
On September 30th the Pickle team announced that something had gone wrong and they couldn’t retrieve people’s funds. What we see happen on chain is a clear reduction in activity starting on that date.
SushiSwap, which went live on August 28th, has been called a “vampire protocol” by some due to its intention of sucking Uniswap’s liquidity and migrating it to its own ecosystem. In truth, Uniswap only benefited from SushiSwap’s enormous liquidity and riveting drama. Here’s a breakdown of what happened.
Ethereum whales are undoubtedly driving the decentralized finance (DeFi) movement by depositing millions of dollars into decentralized liquidity pools to earn interest. But how much are they actually making?
Today we launched the Algorand Community Console, a new interactive platform for users to dive deeper into Algorand’s blockchain data. With DeFi and cryptocurrency markets moving so rapidly, we found it important for users to be able to examine what is happening on-chain, in real time. Anyone can access it for free at algorand.flipsidecrypto.com.
SushiSwap, a fork of Uniswap’s decentralized exchange, is quickly becoming a DeFi giant, with currently $1.4B total value locked. Above is a visualization of SUSHI token net asset flows from September 1-4.