DeFi Project Spotlight: Abracadabra.Money, DeFi’s Magic Money Spell Book

Key Takeaways Abracadabra.Money is a lending protocol that lets users deposit interest-bearing assets to mint a multi-chain stablecoin called Magic Internet Money. Its lending engine allows for leveraged yield farming by unlocking... Read more »

Bitcoin, Ethereum Could Dip on Traders Selling ETF News

Key Takeaways Bitcoin appears to have met significant resistance at $64,000. Likewise, Ethereum is struggling to break past $4,000. The open interest and funding rates on both assets point to a retracement.... Read more »

NFT Fans Accuse MekaVerse of Rigging Its Own Drop

Key Takeaways MekaVerse is one of the most hyped NFT projects of the year. It borrows from the “avatar” format that projects like CryptoPunks and Bored Ape Yacht Club popularized. The NFTs... Read more »

Polygon Jumps 25% on Korean Exchange Listing 

Share this article Polygon has rallied over 25% on news that the Korean crypto exchange Upbit has cleared the MATIC token for trading.  Polygon Reacts to Exchange Listing  Korean traders are hosting... Read more »

How Decentralized Is Solana? – Crypto Briefing

Key Takeaways Compared to other Layer 1 chains, Solana is often viewed as more centralized due to its reliance on the Solana Foundation. However, when measuring Solana using the Nakamoto Coefficient, it... Read more »

Bitcoin Touches $60,000 Amid ETF Approval Rumors

Key Takeaways Bitcoin briefly broke above $60,000 across all major cryptocurrency exchanges today. Investors are bullish on the potential approval of the first Bitcoin ETF in the U.S. Further buying pressure could... Read more »

DeFi Protocol Indexed Finance Suffers $16M Exploit 

Key Takeaways A hacker has drained over $16 million from index pools on Indexed Finance. The exploit worked by tricking the algorithm governing the pools into calculating the pool’s value much lower... Read more »

Ethereum Could Be on the Verge of New All-Time Highs

Key Takeaways Ethereum is up more than 10% in the last 30 hours. A decisive close above $3,806 could push ETH to new all-time highs. Prices might test resistance at $4,380 before... Read more »

Crypto Miners Are Stockpiling Bitcoin and Ethereum Rewards

Key Takeaways Crypto miners are not selling their Bitcoin and Ethereum. The value of crypto assets held by miners has reached all-time highs. The data suggests that miners see potential in Bitcoin... Read more »

Olympus DAO Posts Rally, Aiming for New All-Time Highs 

Key Takeaways Olympus DAO’s OHM token is quickly approaching its all-time high. The project’s clever tokenomics are drawing in users and providing value. A strong community and meme culture surrounding the project... Read more »