CryptoBlog n.1010
MATIC is off to a bullish start in the new year as Polygon hit a new record with sales of $324 million through the crypto winter and yielding 3.2% gains for holders over the past 24 hours. Help comes from y00ts as it plans to bridge to Polygon from the Solana ecosystem in Q1 2023. Outlook for MATIC price also looks bullish as it could soon break out of its downtrend as it is close to its 50-day exponential moving average (EMA) at $0.7767, and the next resistance is the 200-day EMA at $0.8274.
CryptoBlog n.1009
Twitch streamer DNP3, who founded NFT projects like Goobers NFT, Gridcraft Network, and CluCoin, admitted that he has gambled away investor funds and that he is "incredibly addicted to gambling." He says that he's now completely broke both financially and spiritually. It's unclear how much money he has lost, but CluCoin plummeted by 63% following the announcement.
CryptoBlog n.1008
Nikhil Gopalani, the COO of RTFKT, an NFT company, which Nike acquired in December 2021, said that he got hacked, and the hacker sold all his NFTs.
CryptoBlog n.1007
???? Despite Upstaging Uniswap’s TVL, Curve May Still Not be Largest DEX Uniswap may have slipped from its standing as the largest decentralized exchange — depending how you define it. Curve Finance has surpassed Uniswap in terms of total value locked (TVL), according to data compiled by DeFiLama.TVL is calculated by compiling the number of staked assets on a given smart contract. The commonly referenced metric represents funds available to a protocol to exercise daily market function including spending and borrowing. The figure often skews toward volatility and is heavily affected by market conditions. Traders, as such, typically use TVL as one measure of many to evaluate the overall health of a protocol. Other indications include the number of unique active wallets on a protocol and its market capital (the decentralized equivalent of TradFi’s market capitalization). DappRadar data show that over the past 30 days, Uniswap V3 has an estimated 440,000 unique active wallets.