Report: Token Listings Have Short Term Positive Influence on Price, M&A Have Better Impact in the Long Term

Report: Token Listings Have Short Term Positive Influence on Price, M&A Have Better Impact in the Long TermA study by Etoro and The Tie find listing and partnership announcements as significant developments (Sigdev) that have an immediate, large, and positive influence on token price. This influence, which peaks within the first 24 hours, usually wears off after a week, according to the study report. The Impact of a New Token Listing Yet, […]

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Yearn Finance Founder Andre Cronje’s New Defi Token KP3R Soars 3,600% 24 Hours After Launch

Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58, as of press time. […]

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Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’

Kraken CEO: 'Defi Scams' Must Take Their Losses as Way to 'Enlightenment'Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said the “scams” should not expect crypto exchanges to bail them out once things go wrong. Preferring to […]

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