It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued. The upgrade promised more predictable gas fees, an improved user experience and the potential for a lower ETH inflation rate. …
Two DeFi projects tasked with helping traders in the space hedge risk announced they are shutting down on Saturday. Cover, an insurance protocol, and Ruler, a debt market without liquidations, lost their developer team and determined that they could not continue, according to a blog post authored by a cofounder of both projects who goes …
Two DeFi Projects Shut Down and Pledge to Return Users’ Funds Read More »
