Uniglo (GLO) Price Explosion Due to Price Action of Competing Protocols Like Convex (CVX) and Kusama (KSM)

A new project in decentralized finance (DeFi) is surging and could be making its way to the top 50 list of cryptocurrencies. We are talking about Uniglo (GLO), one of the latest project additions to the Ethereum blockchain. This surge says a lot considering that the Uniglo project has yet to publicly launch.

Timeline of Convex-finance, , Kusama

Cross-chain liquidity provider Bitfrost has collaborated with Coinbase Cloud to offer its liquid staking service on the Kusama network, according to a September6 announcement. The post Bifrost, Coinbase Cloud collaborate to offer cross-chain liquid staking on Kusama appeared first on CryptoSlate.

It hasn't been a good time for CVX holders lately, with the altcoin falling by a significant margin on the charts lately. Convex Finance is a DeFi protocol housed within Curve Finance.

The Convex Finance (CVX) price started the new week with a decisive breakout from the $7 resistance. Following a three days retest, altcoin resumed the prevailing recovery, charging straight to the next supply region of the $9 mark.

Kusama (KSM) has been moving upwards at an accelerated rate since July 12, but has yet to break out from a descending resistance line. The post Kusama (KSM) Bounces After Massive Bullish Divergence appeared first on BeInCrypto.

Convex Finance, a DeFi protocol built on Curve Finance, on 30 June, commenced unlocking its CVX tokens. This resulted from limited liquidity to allow for swapping CVX tokens to Ethereum (ETH).

On July 5th, the Convex Finance (CVX) price triggered a double-bottom pattern breakout as buyers pierced the $5.55 neckline. Moreover, if the coin price shows sustainability above this resistance, the accelerated buying momentum will propel the recovery march to the $9 mark.

The Kusama network's native cryptocurrency, KSM has been trading within a falling wedge pattern since the second half of 2021. However, it pushed out of that pattern at the end of last week, but the results have been underwhelming.

Today's cryptocurrency market is filled with thousands of projects that seek to contribute to the growing acceptance of blockchain technology. Several of these projects need to operate on a blockchain network, and most of them resort to the Ethereum (ETH) blockchain.

Convex Finance released two URLs after the spoofing exploits and said that the investigation of the DNS hijack is still underway so let's read more today in our latest cryptocurrency news. The Domain Name Server of the Staking platform Convex Finance was targeted in the latest spoofing exploit.

 The world of Defi has been spectating innovative projects every second day. The projects have been serving varied sectors from self-driving cars to smart cities. New and improved acquisitions hit the market every other day. One of those competent inventions is Convex Finance, which boasts its native token CVX.  Curve Finance, a decentralized exchange platform …