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DeFi
Gamers plug into DeFi through the new Razer rewards partnership
Razer’s rewards program is partnering with Cake DeFi to allow gamers and customers to redeem points for DeFi tokens. 128 Total views 53 Total shares Gamers and customers of IT and gaming hardware firm Razer are set to plug into the…
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
The price of Ethereum's native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued despite the weekend.Ether reached $975, its lowest level since January 2021, losing 80% of its value…
High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective
On Thursday, ZachXBT, a cyber detective in the decentralized finance, or DeFi, realm, accused prominent Taiwanese musician and blockchain personality Jeff Huang, also known as Machi Big Brother, of misconduct in 10 different cryptocurrency…
SOL price trending toward yearly low as Solana TVL drops $870M in three days
Solana (SOL) tumbled on June 16 amid a broader retreat across the top cryptocurrencies, led by the Federal Reserve's 0.75% interest rate hike a day before.Solana price rebound fizzlesNotably, SOL/USD plunged nearly 17% to $30 a token,…
NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
The price of Nexo (NEXO) continued to fall on June 15 as crypto lending firms continue to be shaken by the falling cryptocurrency market.Meanwhile, Nexo has denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund…
Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021.More importantly, Ether has…
Crypto crash wreaking havoc on DeFi protocols, CEXs
Data points to capital flight among most major DeFi protocols.
Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH
Ethereum's native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges.ETH/USD hourly price chart. Source: UniswapOver $130M ETH sold in…
Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ethereum's native token Ether (ETH) entered its "oversold" territory this June 12, for the first time since November 2018, according to its weekly relative strength index (RSI).This is the last time $ETH went oversold on the weekly (hasn’t…