THE DAILY ENCRYPT

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A Valuable DeFi Trend You Should Know About: Data Finance (DataFi)

Since 2019, decentralized finance (DeFi) proved a valuable utility for cryptocurrency and likely kickstarted the bull market. Yield farming, staking and lending earned many cryptocurrency investors annual interest rates in double- and even triple-digit territory. Unheard of in traditional finance! But with high returns, investors faced high risks too. Numerous exploits of smart contracts where …

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NFT Market Records Decreasing Number Of Buyers – Is The NFT Hype Dying?

The last few months have been turbulent for the NFT market, and the numbers point to a sluggish trend in terms of interested buyers. The number of unique non-fungible purchases fell below 800,000, snapping a three-month trend, in what data aggregator CryptoSlam refers to as a “mini-bear market.” According to CryptoSlam data, the number of …

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