What Happens to DeFi Today ? (02 MAR 2023, Thursday)

What Happens to DeFi Today ?

“What happens to DeFi today?” is a crypto news curator that curates high-quality and insightful DeFi news for you daily.

Here are the news for you today.

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Besides DeFi Tokens, we also curate and summarise news on the Layer 1 space, stay ahead of the L1 game with us at -> What Happens to L1 Tokens Today ?


2023-03-02 (Thursday)



Current Price:  $ 7.54 (24h Changes: 5.32 % )

Current Market Cap:  $ 3,711,176,749 (24h Changes: 4.72 % )

LINK-Positive News

1. Chainlink Launches Web3 Dev Platform to Connect Builders to Web2.0 APIs like AWS and Meta
Source:  Cryptopolitan
Date:  Wed, 01 Mar 2023 12:18:33

Chainlink, the leading decentralized oracle network, has announced the launch of a new Web3 development platform. The platform aims to provide developers with easy access to traditional Web 2.0 APIs, such as Amazon Web Services (AWS) and Facebook's Meta platform, through a decentralized infrastructure.

2. Chainlink's New Platform Will Help Connect Web2 With Smart Contracts
Source:  Coindesk
Date:  Wed, 01 Mar 2023 12:47:24

The beta version of Chainlink Functions is now live on Ethereum Sepolia and Polygon Mumbai testnets.

3. Chainlink launches Chainlink Functions, a powerful Web3 serverless platform
Source:  Invezz
Date:  Wed, 01 Mar 2023 13:17:46

Chainlink (LINK/USD) has taken its Web3 services a notch higher with the launch of its new powerful new Web3 serverless developer platform Chainlink Functions. The new developer platform is aimed at allowing developers to connect their decentralized (dApps) or smart contracts to any Web2 API with just a few lines of code.



Current Price:  $ 82.74 (24h Changes: 7.09 % )

Current Market Cap:  $ 1,183,879,996 (24h Changes: 6.68 % )

AAVE-Positive News

1. Aave price analysis: AAVE retests $82.0 for bullish confirmation
Source:  Cryptopolitan
Date:  Wed, 01 Mar 2023 08:06:52

Aave price analysis shows the altcoin is progressing further in the bullish trend. The cryptocurrency is seen at $82.04, marking a 3.70% gain in the last 24 hours and retesting $82.0 for bullish confirmation.AAVE prices have been consolidating above this level for some time now, with a few minor corrections along the way.



Current Price:  $ 3.04 (24h Changes: 1.18 % )

Current Market Cap:  $ 2,559,868,808 (24h Changes: 1.03 % )

LDO-Positive News

1. Lido Community Conducting Snapshot of V2 Upgrade Design Approval
Source:  Coindesk
Date:  Wed, 01 Mar 2023 10:11:28

Lido is gearing up for Ethereum's upcoming Shanghai upgrade.



Current Price:  $ 941.04 (24h Changes: 19.58 % )

Current Market Cap:  $ 849,097,171 (24h Changes: 19.1 % )

MKR-Neutral News

1. Crypto Price Today Mar 1st: SingularityNET and Maker Coin Jumps 17% While EGLD Shows a 2% drop
Source:  Coingape
Date:  Wed, 01 Mar 2023 08:10:52

Crypto Price Today Mar 1st: The market leader Bitcoin has been sideways for the first half of this week, creating a sense of uncertainty among market participants. However, despite this consolidation phase which limited growth in several crypto coins, a few have shown strong movement.


Synthetix Network (SNX)

Current Price:  $ 3.01 (24h Changes: 8.76 % )

Current Market Cap:  $ 948,366,149 (24h Changes: 8.79 % )

SNX-Positive News

1. Two DeFi Altcoins Showing Signs of Imminent Breakouts, According to Top Crypto Trader
Source:  The Daily Hodl
Date:  Wed, 01 Mar 2023 09:15:12

An increasingly popular crypto strategist believes that two decentralized finance (DeFi) tokens could be gearing up for breakouts. Pseudonymous analyst Cantering Clark tells his 161,400 Twitter followers that DYDX, the native asset of decentralized exchange (DEX) dYdX, is trading above a key support level at around $2.


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