Bullish sentiment is running high across the cryptocurrency market on Oct. 20 as Bitcoin’s (BTC) surge to a new all-time high at $67,000 thrust the digital asset into uncharted territory, with investors closely watching to see how altcoins and decentralized finance (DeFi) tokens react to the move. The DeFi sector has also benefited from BTC’s bullish breakout, and today, the total value locked (TVL) across all DeFi protocols climbed to a new record high. According to data from Defi Llama, which collects data from DeFi protocols across all major blockchain networks, including Binance Smart Chain, Avalanche and wrapped Bitcoin (wBTC), …

Automated market maker (AMM) MonoX has announced the official launch of its mainnet platform, offering investors a full complement of swap and liquidity capabilities on the Ethereum and Polygon blockchain networks. With the release of this new service, Mono X is aiming to establish a cost-effective and accessible infrastructure for liquidity providers seeking to propel their projects to the market and traders interested in engaging in token swap services. In the case of traditional decentralized exchanges (DEXes) such as dYdX, it is necessary for projects to provide two tokens to build a liquidity pair, a requirement that increases the capital …

The world’s most popular decentralized exchange, Uniswap, is seeing layer-two volumes surge as Ethereum transaction fees surge once again. On Tuesday, Uniswap founder Hayden Adams tweeted that daily volume across v3 deployments of the decentralized exchange on layer-two networks has pushed into record levels. Adams estimated that Uniswap v3 processed an unprecedented $115 million in combined daily volume across the Arbitrum and Optimism networks without providing a source. Uniswap v3 on layer 2 (arb + OE) doing an all time-time high of $115m volume!! 2⃣ L2 season is here :) — hayden.eth (@haydenzadams) October 18, 2021 While Adams’ post was …

A new intersection of passion and blockchain -- gaming and crypto – is getting momentum in traditional worlds where gamers played, bought skins, lost them to the game and spent hours online with nothing to show at the end of the day. Evolution of gaming Early blockchain adopters such as the OPSkins platform recognized the need to provide true ownership of digital items, which later morphed in the WAX platform and a full-on service for nonfungible tokens (NFTs) in the form of collectibles, graphic art and increasingly items to be used within games and across platforms. Splinterlands was one of …