Auto Added by WPeMatico

Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair

Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside.

Continue ReadingIncreased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair

Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was…

Continue ReadingExploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital…

Continue ReadingDex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in…

Continue ReadingGalaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’