Author Archives: decrypt.co

Where Is Terra’s DeFi Market Share Going? Ethereum, BNB Chain, and Tron

Terra’s collapse boosted activity on Ethereum and BNB Chain. But Tron is also getting a boost from its algorithmic stablecoin that resembles… Terra. Before its agonizing implosion last month, Terra’s ecosystem enjoyed nearly 15% of all DeFi market share. This made it the second-largest hub for all things decentralized finance, according to data from DeFiLlama. But when a $40 billion network collapses and[Read more…]

SEC Targets Binance’s BNB ICO for Potential Violations: Report

The launch of Binance Coin (BNB) five years ago fostered the world’s largest crypto exchange. Today, it’s getting a fresh look from U.S. regulators, according to Bloomberg. The initial coin offering that served as the cornerstone of the launch of the Binance cryptocurrency exchange in 2017 is getting a fresh look from federal regulators. According[Read more…]