Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Dypius
Defi Yield Protocol (DYP) Rebrands to Dypius to Focus on the Metaverse
The Defi Yield Protocol (DYP) platform has rebranded to “Dypius” to reflect its expanded product suite beyond decentralized finance. The team is now working on developing the Dypius metaverse, which will enable special features for owners of the company’s native NFT collection. As revealed in a press release shared with CryptoAdventure, the metaverse will feature play-to-earn game letting players use their Cats and Watches Society (CAWS) NFTs as companions. Those NFTs can allow users to check their crypto portfolios in-game. …
2 years ago
DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities
After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into over the years. Dypius has the suffix of the nebulae in the galaxy. Nebulas are the formations of gas, dust, and other materials that "clump" together to form denser regions in the universe. They attract further matter and eventually become dense…
2 years ago
5 Interesting BNB Chain DeFi Projects to Check
This year has seen the restructuring of the crypto sector in many different ways. The DeFi and NFT sectors' growth has greatly strained older blockchains, such as Ethereum. These networks were built in a way designed to increase their fee structure based on the blockchain's congestion. Unfortunately, this design flaw has created record-high gas fees for users. These fees have left many in the market searching for viable alternatives. One option that has seen considerable growth due to these factors…
4 years ago