Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH
ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it.
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Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange,…
Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ether's price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
NFT and Crypto Games Outperformed DeFi Amid Market Selloffs in May: Report
DApp discovery and analysis platform DappRadar released a detailed report analyzing the state of the crypto market in May. It mainly covered three areas: DeFi, NFT activities, and crypto games,…
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens…
Huobi Launched $1 Billion Investment Vehicle Focused on Web 3 and DeFi
Huobi, the near-decade-old cryptocurrency veteran, has established a new investment arm, called Ivy Blocks, that will focus on supporting the growing ecosystems of decentralized finance and Web 3-based blockchain protocols.…
Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be…
Cosmos-based DeFi Protocol Exploited for $5M, Devs Write Patch After Identifying Bug
Cosmos-based DeFi protocol, Osmosis Network, was halted at block #4713064 on June 8th after spotting a critical vulnerability in its liquidity pools. The exploit took place just two blocks before…
Cake DeFi Commits $1M to ESG Initiatives on Third Anniversary
June 7, 2022, marks Cake DeFi’s third anniversary. Reviewing its achievements, the Singapore-based financial technology platform noted that it has managed to record tremendous growth despite the bearish trends, averaging…
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May…
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