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Ethereum Prepares for a Price Rally; Can ETH Hit $3500 Soon?
21.4.2022
Ethereum, the second-largest cryptocurrency, is way closer to becoming the top cryptocurrency. ETH is barely 50% away from overthrowing Bitcoin’s market-dominant position. ETH is more likely to challenge its all-time high level than succumb to further profit booking at the latest traded value....
Tough Fight Between Solana’s Buyers and Profit Bookers: SOL Has to Breach $150 for Dominance!
20.4.2022
Amongst the lost list of cryptocurrencies, Solana has been one of the dominant ones to take its place among the top 10 cryptos. The current price trend is weaker as Solana is between its immediate resistance at $144 and immediate support at $77. A sudden spike from $94 to $110 shows a higher...
Windvane and KuCoin Ventures Launch Creators Fund of $100 Million to Web 3.0 Universe
20.4.2022
KuCoin is a cryptocurrency exchange platform spread across the globe with a presence in 207 countries and regions. It was launched in September 2017 and has successfully registered around 10 million users. Around 600 digital assets are listed on KuCoin, ranking the platform in the top five Crypto...
Yeti Posts $500 Million TVL in 24 Hours After Launch on Avalanche
20.4.2022
DeFi has grown large enough to offer everything a traditional finance firm could offer in the last few years. The DeFi borrowing protocol is the recent addition to this list and brings tonnes of benefits one can only seem of in TradFi. Yet is one such borrowing protocol built in the Avalanche...
Lazarus Gets Banned by Tornado Cash for Hacking $600 Million From Axie Infinity’s Ronin Bridge
19.4.2022
Tornado Cash is a decentralized protocol that allows users to have a private Ethereum transaction on the network. Tornado Cash breaks the on-chain link between the source address and the destination address to keep transactions private. A smart contract is deployed to execute the private...
KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
19.4.2022
Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches....
Read More: KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
Leaked 'Shill Price List' Alleges Crypto Influencers Charge Up to USD 25,000 for a Shill Tweet
19.4.2022
Zachxbt, an anonymous crypto researcher and self-proclaimed "on-chain sleuth," has published an extensive list of crypto influencers and how much they allegedly charge to "shill" crypto projects on Twitter.
Zachxbt told Motherboard that the list came from a "marketing firm" but did not disclose...
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
18.4.2022
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin...
$76 Million Wiped Out From Beanstalk Stablecoin Protocol in Hacking
18.4.2022
Beanstalk has been built on Ethereum, and it is a decentralized credit-based stablecoin protocol. Beanstalk leverages its credit system to create a blockchain native asset that is liquid and decentralized. Beanstalk encourages the participation of its community members to maintain the peg...
MetaMask Issues Warning About Phishing Attacks Via iCloud After a User Lost USD 650K
18.4.2022
Popular software crypto wallet MetaMask has issued a warning about possible phishing attacks through Apple’s cloud service iCloud. The warning comes after scammers managed to steal USD 650,000 worth of crypto using this attack vector....
Read More: MetaMask Issues Warning About Phishing Attacks...
Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M
18.4.2022
Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m.
According to blockchain security firm PeckShield, the attacker...
Terra's UST flips BUSD to become third-largest stablecoin
18.4.2022
UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar
Rebase Token Carnage: OHM, TIME, KLIMA Down More Than 98% From All-Time Highs
16.4.2022
About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market...
While Markets Consolidate, Crypto Fear and Greed Index Points to ‘Extreme Fear’
16.4.2022
18 days ago on March 28, the Crypto Fear and Greed Index tapped the “greed” position, scoring a 60 for the first time in four months. Since that day, bitcoin has lost more than $7,500 in USD value, and hit a low of $39,200 per unit on April 11. The downturn has pushed the Crypto...
Tether is gaining momentum against competing stablecoins, says Tether CTO
15.4.2022
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market
Skynet EGLD Capital Raises $40M to Invest in Elrond
15.4.2022
Skynet EGLD Capital, the first licensed fund that accepts in-kind subscriptions on Elrond, recently concluded its fundraising round. The venture gathered over 40 million dollars to support the development of Elrond. The market considers Skynet EGLD Capital as the brainchild of Skynet Trading’s...
AVAX Price Rides Wave as Avalanche Developer Reportedly Seeks USD 350M in Funding
14.4.2022
With Ava Labs, the lead developer of the Avalanche blockchain, said to pursue new funding round, possibly becoming one of the most highly valued crypto-focused startups, the price of its native coin AVAX is accelerating upwards.
With the aim to support its further expansion, the company...
Crypto portfolios: How much of a stablecoin allocation is too much?
13.4.2022
Stablecoins allow investors to stay on the sidelines and earn passively on their holdings, but not all stablecoins are created equal
IOST Announces $100M Fund to Boost EVM Multi-Chain Ecosystem
13.4.2022
The IOST Foundation has announced a 100 million dollar fund for EVM developers. The venture joined with ecosystem partners and venture capital institutions to create the Exclusive Incentive Fund. The objective behind the development is to gather next-gen projects and boost their growth in IOST’s...
Polygon Allocates $20 Million for Eco Initiatives Following Its Green Manifesto
13.4.2022
The environmental impacts and sustainability are probably the primary criticisms directed toward blockchains and cryptocurrencies. Although the recent projects have brought in several sustainable solutions, legacy chains like Bitcoin and Ethereum still lead the list for the highest amount of carbon...