Major U.S.-based crypto exchange Kraken is reportedly in talks for a new funding round that could double the company’s valuation to $10 billion, or more. The raise was reported by… Read more »
Key Takeaways Synthetix said top VC firms Paradigm, Coinbase Ventures, and IOSG invested in the project. The three firms purchased $12 million worth of SNX tokens from synthetixDAO’s treasury. The… Read more »
Key Takeaways Balancer has raised $5 million in its latest funding round. This brings its ongoing Series A funding round to $12 million. Balancer is one of the largest DeFi… Read more »
Bitcoin has suffered two straight days of selling, bringing the price close to below $31,000. Also, ether funding rates for leveraged positions are cooling after a very heated few weeks…. Read more »
Bitcoin (BTC) is continuing to rise to new heights above $35,000 on Wednesday as U.S. buyers on Coinbase further drive up the price. But the BTC futures market’s funding rate is also… Read more »
In 2020, decentralized finance was Ethereum’s trend of the year – and with that honor came a thousand new terms and even more memes. But more importantly, the success of… Read more »
Bitcoin has been caught in the throes of an immense bullish trend throughout the past several days, with buyers in full control of its price action as the cryptocurrency puts… Read more »
The team behind the 1inch protocol, which combines an automated market maker protocol and an aggregator for other DEXs, announced on Wednesday a successful Series A round for $12 million…. Read more »
The funding rate of the Bitcoin (BTC) futures market is turning negative as the price of BTC surges. The trend indicates that short contracts are getting squeezed as the dominant… Read more »
Uniswap’s token UNI has been seeing massive inflows of capital throughout the past few days and weeks, with investors flocking to try to garner governance rights over Uniswap – which… Read more »