Sirwin
Sirwin

What Happens to DeFi Today ? (27 FEB 2023, Monday)


“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.

If you would like to read and analyse the news here over an interactive user interface, please check out our blockchain analytics app -> ChainMetrics !

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 ?

 

CHAINLINK (LINK)

Current Price:  $ 7.93 (24h Changes: 2.9 % )

Current Market Cap:  $ 3,897,373,132 (24h Changes: 3.02 % )


LINK-Positive News

1. Chainlink Price News: Next LINK Rally To Break 10 Month Record?
Source:  Coingape
Date:  Thu, 23 Feb 2023 13:20:29

Chainlink Price News: There has been speculation about Chainlink ($LINK) breaking out of local resistance area amid entry of whales after long time. While most altcoins gained significant values since the beginning of 2023, Chainlink (LINK) price is yet to see real bullish scenario.

2. Chainlink (LINK) Records 7% In The Last Day As Market Recovers
Source:  NewsBTC
Date:  Thu, 23 Feb 2023 10:30:25

The crypto market is currently recovering from the February 22 price pullbacks, so, many cryptocurrencies are trading in green today. The top two coins, Bitcoin and Ethereum, gained 1.70% and 2.06% in the last 24 hours earlier today before a slight pullback.

3. TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting
Source:  Bitcoin
Date:  Thu, 23 Feb 2023 00:30:21

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization.

 

LIDO-DAO (LDO)

Current Price:  $ 2.95 (24h Changes: 0.75 % )

Current Market Cap:  $ 2,491,400,089 (24h Changes: 0.92 % )


LDO-Neutral News

1. BTC's Rollercoaster Around $24K Continues, LDO Soars 14% (Market Watch)
Source:  CryptoPotato
Date:  Thu, 23 Feb 2023 04:52:21

Lido DAO has taken the main stage once again with a massive 14% daily increase.

 

MAKER (MKR)

Current Price:  $ 740.26 (24h Changes: -2.46 % )

Current Market Cap:  $ 666,711,628 (24h Changes: -2.71 % )


MKR-Neutral News

1. Maker's [MKR] consolidation phase underway – is a 10% hike likely?
Source:  AMBCrypto
Date:  Thu, 23 Feb 2023 03:30:23

Maker [MKR] has gained over 50% after rising from $590 to $790. At press time, it was trading at $764 after facing a bearish order block at $787.

 

Synthetix (SNX)

Current Price:  $ 2.63 (24h Changes: 5.17 % )

Current Market Cap:  $ 824,567,746 (24h Changes: 4.89 % )


SNX-Positive News

1. Synthetix V3 Successfully Launched on Optimism and Ethereum Mainnet
Source:  BlockchainReporter
Date:  Thu, 23 Feb 2023 07:19:42

After a comprehensive security assessment by Open Zeppelin, Macro, and Iosiro, Synthetix V3 has been launched on Ethereum & Optimism.


SNX-Neutral News

1. DeFi Liquidity Protocol Synthetix Deploys Version 3 on Ethereum
Source:  Coindesk
Date:  Thu, 23 Feb 2023 05:49:34

Synthetix holds over $500 million in locked tokens over the Ethereum and Optimism networks.

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


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