On Friday, Singapore-based cryptocurrency exchange Bybit announced its first token, called “$BIT”, on its Bybit Launchpad platform. Bybit’s listing of BIT will include the launching rewards and free giveaways for participants. Bybit said the... Read more »
Offchain Labs raised $120 million led by Lightspeed Venture Partners in its Series B financing Tuesday, aiming to expand Ethereum contracts to meet the growing demand for Ethereum transactions. Other investors include... Read more »
On September 16, the Avalanche Foundation received a $230 million investment from a group led by Polychain and Three Arrows Capital. The price of Avalanche‘s token AVAX soared to a record high of $68.89... Read more »
The massive opportunities embracing the Non-Fungible Token (NFT) metaverse is turning things around for Metamask, a wallet service provider. The firm announced that it has surpassed 10 million Monthly Active Users (MAUs), placing it... Read more »
Sushiswap co-founder 0xMaki has been discharged from the project lead role at the major decentralised exchange. The pseudonymous developer tweeted on September 18 that he was stepping down from his position with the... Read more »
The Ethereum (ETH) network has been experiencing an uptick in activities and this made crowd sentiment on Twitter extremely positive, as disclosed by IntoTheBlock. The Data analytic firm noted:
“Twitter’s sentiment... Read more »
pNetwork decentralised finance (DeFi) protocol, which allows different blockchains to communicate, has been hacked for $12.7 million worth of Bitcoin. An unidentified hacker stole 277 wrapped Bitcoins worth more than $12.7 million... Read more »
Decentralised Finance lending protocol, Cream Finance is doing a thorough post-mortem following the exploitation of its protocol. According to the company, its protocol was attacked, leading to the loss of over $462... Read more »
After the London Hardfork or EIP 1559 upgrade went live on August 5, Ethereum’s price has been experiencing an uptick, with the latest surge above the psychological level of $3,800. Prior to... Read more »
JPMorgan Chase, the largest bank in the US, has presented a cautionary statement concerning altcoin trading performance, stating that alternative cryptocurrencies are currently surging beyond their genuine value. Based on its recent... Read more »