Quant, Arweave and Avalanche soar while Bitcoin searches for support
Bitcoin’s price is losing its bullish momentum, but this did little to stop QNT, AR and AVAX from notching double-digit gains today. Go to Source Powered by WPeMatico
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Vitalik thinks token-based decentralized governance is holding DeFi back
Buterin asserts that things need to move beyond coin voting as it exists in its present form, suggesting “proof-of-humanity” or “proof-of-participation” alternatives. Go to Source Powered by WPeMatico
Analysts say this key metric suggests an altcoin season is at hand
A series of new all-time highs from altcoins and a drop in the Bitcoin dominance metric has many analysts convinced that an alt season has started. Go to Source Powered by WPeMatico
Poly Network offers to on board ‘Mr. White Hat’ as chief security advisor
“Poly Network has no intention of holding Mr. White Hat legally responsible,” said the team. Go to Source Powered by WPeMatico
1inch announces deployment to Optimism’s layer-2 solution
1inch indicated that its launch on the Optimistic Ethereum network will lead to faster confirmation times and lower fees. Go to Source Powered by WPeMatico
The perfect storm: DeFi hacks will advance the crypto sector moving forward
There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.” Go to Source Powered by WPeMatico
Tiger Global backs $24M funding round for blockchain security firm CertiK
The security company has now raised $61 million in two months and over $70 million since inception. Coatue Management, Shunwei Capital and Coinbase Ventures are among CertiK’s early backers. Go to Source Powered by WPeMatico
Balancer’s new MetaStable Pools seek to facilitate wrapped asset swaps
The company said that they intend for these pools to increase liquidity on hard-pegged assets. Go to Source Powered by WPeMatico
Poly Network hack exposes DeFi flaws, but community comes to the rescue
The DeFi hacker’s initial intentions remain unclear, but they refused to accept a $500,000 bounty after returning all funds. Go to Source Powered by WPeMatico
Cardano’s Alonzo Upgrade Date Revealed — ADA Gains Over 16% After Announcement
On Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from a video announcement stemming from Cardano’s Nigel Hemsley when he explained the Cardano network would upgrade on September 12, 2021. The highly anticipated “Alonzo Purple” … Read more