Layer 1s Ethereum, Solana Bounce Back After Shaky Start to 2022

Key Takeaways Several Layer 1 chains are surging. Ethereum, Solana, and Avalanche are some of the top performing assets over the past 24 hours. As macroeconomic conditions are still uncertain, it may... Read more »

Balancer Jumps as Team Weighs Curve-Style Tokenomics

Key Takeaways DeFi protocol Balancer may soon adopt vote-escrowed system similar to the one pioneered by Curve Finance. Balancer Labs CEO and co-founder Fernando Martinelli put forward a proposal introducing a vote-escrowed... Read more »

Bitcoin Reclaims $40,000 – Crypto Briefing

Key Takeaways Bitcoin is trading above $40,000 today. The flagship cryptocurrency has traded in the $30,000 range for almost two weeks. Other cryptos, stocks, and commodities are also having a strong day.... Read more »

U.S. Crypto Investors Reject IRS Settlement

Key Takeaways A married couple in Tennessee have claimed that the U.S. government offered them a tax refund after improperly taxing their crypto staking rewards—but they are refusing it. In 2019, Joshua... Read more »

Crypto Market Closes in on Worst January Performance Since 2015

Key Takeaways The crypto market is approaching its worst January close since 2015 after dropping 22.7% this month. The market is over $1 trillion from its peak. Though Bitcoin, Ethereum, and other... Read more »

Bitcoin and Ethereum Are Struggling, But NFT Avatars Aren’t

Key Takeaways NFT avatar projects such as Bored Ape Yacht Club and Azuki are soaring in value. The renewed interest in NFTs could be due to the lack of momentum in the... Read more »

Cardano Is Under Significant Buying Pressure

Key Takeaways Cardano appears to have found a strong foothold at $1. Meanwhile, investors have been adding to their ADA holdings. If the buying pressure persists, ADA could rise toward $1.60. Share... Read more »

Bored Ape Yacht Club Hype Continues With $2.8M Sale

Key Takeaways A Bored Ape Yacht Club NFT has sold for 1,080.69 Ethereum on LooksRare. The cheapest Bored Apes are now selling for 116.9 ETH, around $295,000. Justin Bieber is the latest... Read more »

Coinbase, MicroStrategy Stocks Tank Alongside Crypto Market

Key Takeaways Companies with cryptocurrency dealings have sustained significant losses in market value today. Major losers include Coinbase, which has hit its all-time low, and MicroStrategy, the value of which is lower... Read more »

Binance Smart Chain Protocol Qubit Finance Hacked for $80M

Key Takeaways A hacker has stolen 206,809 BNB worth $80 million from Qubit Finance. The hacker exploited a vulnerability on the protocol’s Ethereum bridge. The Qubit team has offered a bounty of... Read more »