Here’s how the recent crypto hit the DeFi market.
Makerdao’s 7-day total locked value went down almost 30%. Among the top 10 DeFi projects only @0xPolygon increased its weekly TVL — by 38.37%. (Data as of May 21 9:00 UTC)
Data shows that there are currently 6,906 digital currency-related companies in China, including 585 newly registered companies in 2020 with 99% YoY growth rate. Only 23% of companies are state-owned.
Chinese companies continue to outpace the U.S. in blockchain invention patents, accounting for 46% of the world's total in 2020. The U.S. and Japan account for 24% and 8%, respectively.
In February 2021, cryptocurrency exchange #Binance had 2.26x more online visits than #Coinbase. But the market cap of platform token #BNB was only about 41% of the expected valuation of Coinbase's equity:
Bitcoin's having a good week, but DeFi tokens are having a better one. Over the past 7 days, more than 70% of major #DeFi tokens (tokens with at least $100M reported market cap) are up vs. Bitcoin.
(Data Source: @MessariCrypto).
Will 2021 be the year of the #NFT? It's not just @beeple's record-breaking digital art auctions — institutional investors are getting interested in the NFT ecosystem. Learn more: longhash.com/en/news/3441/
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