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Fantom (FTM) Surpasses Avalanche and Solana as DeFi TVL Crosses $12 Billion

Fantom (FTM) is the next big daddy in the list of Ethereum-competitors. Recently Fantom has toppled giants like Avalanche and Solana in terms of DeFi total-value-locked (TVL) which has now crossed $12.3 billion as per data from DeFiLlama. In the last 24 hours, Fantom’s DeFi TVL has shot up by 17% making it the next dominating DeFi network after Etheruem. As popular crypto-journalist Colin Wu…

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OpenSea CFO Clarifies That They Are “Not Planning an IPO” After Community Backlash

The world’s largest NFT marketplace OpenSea has been facing a sort of community backlash after news broke out that the company is planning for an IPO. The news was that Ethereum-based OpenSea shall be raising funds through an Initial Public Offering (IPO) after the company appointed its new CFO Brian Roberts. However, a day later after facing massive community backlash, OpenSea CFO has issued a…

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Polygon (MATIC) Registers the Strongest Bounce back with 20% Gains, New ATH Coming?

The broader cryptocurrency market has recovered from the weekend carnage extended through Monday. However, one cryptocurrency which shows that fastest and most promising recovery is Polygon’s MATIC. The MATIC cryptocurrency has gained more than 20% and is currently trading at a price of $2.31 with a market cap of $16.2 billion. Along with Terra’s LUNA, Polygon’s MATIC has been one of the top…

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Terra’s LUNA is Among the Top Ten Cryptocurrencies With a Sharp 32% Bounce Back

After a massive correction and bloodbath on late Friday, December 3, the crypto market is showing signs of recovery. However, the fastest to recover has been Terraform Labs’ native cryptocurrency LUNA. As of press time, LUNA is trading 32% higher at a price of $72.71 with a market cap of $27.8 billion. This has helped LUNA to enter the list of top ten cryptocurrencies by market cap toppling the…

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XRP Lawsuit: This Development in Scope of DPP May Make or Break the Case

Nobody saw it coming, the latest development in the XRP lawsuit is the ultimate cliffhanger for the SEC’s long-standing Deliberative Process Privilege (DPP) argument. Judge Netburn has ordered both parties to submit supplemental briefs by December 8, on Defendants’ Motion to Compel, referring to the 11/29 decision by U.S. Court of Appeals in an unrelated case dealing with DPP. #XRPCommunity…

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Ripple’s Latest Crypto Service for Financial Companies to Allow XRP Trading

Amid the ongoing XRP lawsuit, Ripple took a bold step by launching a crypto product, called the Liquidity Hub, which will allow financial service firms to offer the buying and selling option for cryptocurrencies. According to CNBC, Ripple noted that cryptocurrencies like, the OG Bitcoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash, and the most controversial XRP will be presented as…

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XRP Lawsuit: SEC Denial of Former Comments on Ether is Not Sitting Well with XRP Community

The latest update in the ongoing social media battle fought by the XRP community, regarding the XRP lawsuit, recently saw the community unite to criticize the SEC for an emailed reply from the commission that has been leaked on Twitter. According to the screenshot of the email, the SEC claims that they never made any public comments about Ether’s status, despite having Hinman’s 2018 speech still…

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