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Avalanche Launches $220M Crypto Fund for DeFi and NFTs


The Avalanche Foundation recently released Blizzard, a crypto development fund for the network’s growth. The blockchain will use the 220 million dollars fund to target NFTs and DeFi opportunities. The funds comprise of contributions from the Avalanche Foundation (Singapore-based NPO), Ava Labs (New...

Bitcoin Jumps Above USD 63K, Ethereum Tests ATH, DOT Outperforms


Bitcoin price started a fresh increase above the USD 62,000 resistance. BTC surpassed USD 62,500 and it is currently (11:53 UTC) showing positive signs. A close above USD 64,000 could spark a rally in the near term. Besides, most major altcoins are also rising steadily. ETH is gaining momentum...

Kazakhstan Could Earn USD 1.5B from Crypto Mining in 5 Years - Association


With crypto mining on the rise in Kazakhstan, the country’s economy could benefit from more than USD 1.5bn in revenue from legal mining operations in the next five years, according to estimates by the Kazakh National Association of Blockchain and Data Center Industry. ... Read More: Kazakhstan...

Bitcoin (BTC) Constantly Attempts to Remain Over $60,000


The Bitcoin price rally is always surprising because it completes the target of months within a few weeks, and then momentum dies. Dropping volumes, booking profits, and hitting targets at an early phase has hindered BTC value for a long time. For now, both experts and enthusiasts are suggesting...

Nameless Raises $15 Million Through Seed Funding


Nameless is a leading developer of API software for testing, issuance, and sale of NFTs. It recently announced the closure of a $15 Million seed funding investment efficiently hosted by Mechanism Capital. Mechanism Capital is a leading participant in the blockchain investment space, which focuses...

Watch How Matt Damon Helps Crypto.com Spend USD 100M On Global Campaign


Pouring millions into marketing, major crypto platform Crypto.com has launched a new global advertising campaign aimed to boost the company’s worldwide recognition, featuring big Hollywood names. ... Read More: Watch How Matt Damon Helps Crypto.com Spend USD 100M On Global Campaign

Cream Finance Suffers Another Exploit as Attacker Runs Away With USD 100M+


Ethereum (ETH)-powered decentralized finance (DeFi) project Cream Finance (CREAM) suffered another flash loan attack as the attacker reportedly stole more than USD 100m worth of tokens. Blockchain analytics and security firm PeckShield flagged the attacker's address, while Cream finance confirmed...

Bitcoin (BTC) Falls Below $60000 After Two Weeks!


Since the flash crash, a hostile stance has been hovering over BTC, promoting holders to book some of their profits. Flash crash occurs rarely, but once it does, the positivity on the asset goes down the drain. Had this profit booking stopped before the immediate resistance, we would have witnessed...

USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says


Volatility in bitcoin (BTC) is not likely to slow down, and weekly price moves of USD 20,000 or more should be expected before the end of the year, one popular author and bitcoin proponent claims. ... Read More: USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says

USD 500M Liquidated as Bitcoin Falls Below USD 60K, Ethereum Below USD 4K


Nearly USD 500m in long positions were liquidated across the crypto market in just one hour on Wednesday, as the price of bitcoin (BTC) fell below the psychologically important USD 60,000 level, and ethereum (ETH) dropped below USD 4,000. At press time (08:26 UTC), BTC was down by 7.5% for...

ASSEMBLE Protocol’s ASM Token Is Officially Listed on Coinbase and Gate.io


PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It is highly expected that this...

Litecoin Struggles to Hold on to $200; Profit Booking Continues


Litecoin is among the oldest surviving cryptocurrency networks that has remained mostly intact. The price action might include heavy volatility; it seems sustainable. Litecoin has been trending for a long time, and working above the level of $200 seems highly unlikely. By hitting a double century...

Start-up CGU Raises $2.5 Million USD in Third Public Round


PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain...

Metawars Concludes Raise With Reputable Supporters and Partners


PRESS RELEASE. MetaWars, an innovative, multiplayer strategy blockchain-based game, has successfully raised $2.3 million USD from its supporting investors. MetaWars has collaborated with various investors and partners to incorporate blockchain into the emerging gaming industry and revolutionize...

Binance Coin Closes Towards $500. Can It Retest $700 Levels?


Binance Coin found support at $700 after the flash crash shook everyone to the core. Are cryptocurrencies anywhere safer, or will decentralized exchanges be better equipped to deal with such flash crashes? A 50% price fall within a minute, and retracement back to the same level is a nerve-wracking...

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