UniSwap

If you have a glimpse of what's happening in the crypto-verse, you must or should have noticed that the crypto world is rapidly growing, and new, better options are introduced in the markets every other day.  It started with Bitcoin as the flagship crypto; thousands of new crypto assets have joined the market since then. Believe it or not, some crypto projects have even become exceptional investment prospects. But, at the same time, not all projects are fertile to investors.…

The crypto space has been vibrant in the past 24 hours, with the recent pump of Dogecoin on everyone's lips. However, one sector that has gone below the radar is the DeFi sector, which has experienced a bullish increase.  At the time of writing, the total locked-In value in DeFi protocol has hit a record $27 billion. Looking at the data from DeFi Pulse, over $2billion was added into DeFi protocols 24 hours. The recent surge in the value of…

Leading oracles blockchain protocol Chainlink experienced a major surge in its market capitalization in the past 24 hours. Its native token Link briefly surpassed Bitcoin Cash on the coin rankings before a slight retracement at the time of writing. LINK price hits all-time high Chainlink is in the midst of a bull run, with the price of LINK increasing by almost 50% in the past week. The last 24 hours have witnessed a continuation of this momentum, with the price…

The 2021 surges in altcoin prices have led to an influx of new investors seeking these valuable digital assets. An altcoin is any coin other than Bitcoin. The term came about in the early days of the crypto market. At that time, there were only a handful of coins available. Today, nearly every exchange offers some form of altcoins to trade. Unlike the early days, altcoins today outperform Bitcoin in terms of technical characteristics. For example, altcoins can perform millions…

The current bullish sentiments in the crypto market have been a major talking point in recent weeks. Bitcoin's bullish trend has led to a ripple effect in the market's decentralized finance (DeFi) sector. Total Locked In Value hits $17 billion The Total Locked in Value has witnessed an exponential increase in the past few days. According to data from DeFi Pulse, the total TVL hit a record high of $17 billion in today's early hours. Looking at the data, over…

Leading decentralized exchange Uniswap has hit more than $50 billion in volume since launching in November 2018. This makes it the first DeFi platform to achieve this milestone and shows confidence in the project. This information was revealed by Uniswap founder Hayden Adams who took to Twitter to share the milestone. Adams also conducted a poll asking the crypto community to vote for when Uniswap would hit $1 trillion in cumulative volume. The vote indicated the community's bullish sentiments, as…

The current bullish sentiments in the crypto market have been the major talking point in recent weeks. Bitcoin pump has caused a ripple effect in the crypto market, which has extended to decentralized finance (DeFi). Total Locked In Value hits $14billion The Total Locked in Value in the DeFi sector surpassed $14 billion over the weekend. According to DeFi Pulse, the total TVL hit a record high of $14.3 billion in today's early hours. At the moment, the value has…

Decentralized finance (DeFi) platform Uniswap has experienced liquidation of enormous proportion in the last 24 hours. This comes after the protocol stopped providing rewards for liquidity providers, and rival protocol SushiSwap looks poised to take over. Uniswap loses $1.5 billion in Liquidity According to DeFi Pulse data, the drop in liquidity has been particularly sharp for UniSwap in recent days. On November 14, the project still boasted around $3 billion in total value locked (TVL), a DeFi record. However, these…

According to a Reddit post, a Uniswap user has accidentally paid 23 Ether for a transaction of $120. These 23 Ethers are currently worth $9747. As per the user, the mistake happened while making the transaction on Uniswap using the Metamask wallet. How did it happen? While making the transaction via Metamask, the user accidentally typed in the "Gas Price" field instead of "Gas Limit." Gas price stands for the amount of Ether you are willing to pay for each…