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DeFi Project Spotlight: Ribbon Finance, the Options-Based Yield Generator

DeFi Project Spotlight: Ribbon Finance, the Options-Based Yield Generator

Key Takeaways Ribbon Finance offers option-based strategies on BTC, ETH, and USDC with some of the highest yields in DeFi. The higher rewards come with higher risk, as users can lose their capital if the market is too volatile. A new version of the protocol is scheduled to be released this month. A liquidity mining […]
Kraken, DeFi Staples Donate $1.5M to Fund Ethereum 2.0

Kraken, DeFi Staples Donate $1.5M to Fund Ethereum 2.0

This news was brought to you by ANKR, our preferred DeFi Partner. Five of the biggest names in DeFi and the cryptocurrency exchange Kraken have donated a total of $1.5 million to support Ethereum developers. DeFi Gives Back to Ethereum Ethereum execution-layer client teams will receive donations from some of the biggest names in DeFi. […]
Ethereum Looks Ready for a Supply Shock

Ethereum Looks Ready for a Supply Shock

Key Takeaways Ethereum looks primed to resume its uptrend. The circulating supply of ETH is drastically decreasing due to EIP-1559, suggesting an incoming supply shock. Transaction history shows that ETH could target $3,700 first. This news was brought to you by Phemex, our preferred Derivatives Partner. Ethereum could soon experience a supply shock thanks to […]
Terra Token LUNA Sets Another New All-Time High

Terra Token LUNA Sets Another New All-Time High

Terra’s market cap is now $13.6 billion. Terra Hits New Record High  Terra is on a tear.  The fast-growing blockchain’s LUNA token hit a price of $34.25 for the first time today after a major nine-day rally. It’s up around 100% since Aug. 15. Terra’s native asset has made a significant recovery since the market-wide […]
Dogecoin Looks Poised to Break Out

Dogecoin Looks Poised to Break Out

Key Takeaways Dogecoin appears to have developed a symmetrical triangle on its 4-hour chart. Transaction history shows that DOGE sits on stable support while facing stiff resistance. Only a 4-hour candlestick close above or below the $0.310-$0.326 would determine where prices are heading next. This news was brought to you by Phemex, our preferred Derivatives […]
Visa’s CryptoPunk Purchase Sparked Over 300 Sales

Visa’s CryptoPunk Purchase Sparked Over 300 Sales

VISA revealed that it had purchased a CryptoPunks token today. The announcement spurred interest in the non-fungible token series from other investors as sales volumes surged. More Than 300 Tokens Sold According to OpenSea, CryptoPunks trading increased by 728% today. Roughly 365 tokens were sold over the past 24 hours, with 325 of those tokens […]
FTX Buys Naming Rights to Another Sports Venue

FTX Buys Naming Rights to Another Sports Venue

Key Takeaways FTX has struck a 10-year, $17.5 million naming rights deal with the University of California. The football field will now be known as FTX Field at California Memorial Stadium. Learfield, the multimedia rightsholder of Cal Athletics, will accept payment in cryptocurrency on behalf of the university. This Exchange News was brought to you […]
Poly Network Hacker Reveals $140M Wallet Private Key

Poly Network Hacker Reveals $140M Wallet Private Key

Key Takeaways The Poly Network hacker has shared the private key to multi-sig wallet containing over $140 million worth of the takings from this month’s record-breaking attack. Last week, the hacker deposited most of the stolen funds into a multi-sig wallet controlled by both parties. The Poly Network team has thanked the hacker and announced […]
Visa Spent $150,000 on a CryptoPunk NFT

Visa Spent $150,000 on a CryptoPunk NFT

Visa has announced the purchase of a CryptoPunk NFT, furthering its commitment to understanding cryptocurrency services with the goal of offering them to its clients and customers.   Visa Buys a CryptoPunk Visa has become the unlikely owner of a CryptoPunk. The financial services giant has revealed itself as the buyer of Punk #7610 in a […]
Feisty Doge Becomes Most Valuable NFT Ever

Feisty Doge Becomes Most Valuable NFT Ever

Key Takeaways Feisty Doge has become the world’s highest-valued NFT at over $85 million. Investors bought up fractions of the Doge NFT, sending prices soaring over 700%. NFTs have the potential to reach higher values through fractionalization. Feisty Doge has become the world’s most valuable NFT after investors piled into the fractionalized asset, causing a […]