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SoftBank leads latest Blockdaemon funding round

The blockchain infrastructure platform announced it had wrapped up a Series B funding round Start-up firm Blockdaemon is the latest name in the blockchain sector to earn unicorn status. The blockchain management entity yesterday completed a $155 million fundraising at a valuation of $1.25 billion. The funding round stands at over five times its series...

US sanctions crypto exchange over links to ransomware attacks

The sanctions are part of the government's fight against a spike in criminal activities targeting major companies The US has moved to sanction the SUEX cryptocurrency exchange over what the authorities say are numerous instances of transactions connected with ransomware attackers, Reuters has reported. The action against the crypto exchange comes...

Uniswap price analysis: UNI looks to break downtrend as price bounces above $20

The main hurdles are likely to be around the 20 EMA and then 50 SMA as seen on the 4-hour chart Uniswap (UNI) is looking to bounce higher after an extended downtrend that had been exacerbated by this week's crypto sell-off. The technical outlook for Uniswap price suggests a potential recovery above $20, with a higher close on the 4-hour chart. However,...

Travel token ARV sees huge rally: where to buy Ariva

The Ariva token has stabilised after trading sideways between the range of $0.000065—$0.00015. The token is gearing up for another leg of the rally and could possibly 3X or 8X from the current price level if the volumes continue to rise. The token seeks to serve as a one-stop solution for the travel industry and has seen a lot of interest and huge accumulation...

Where to buy Public Mint as MINT stabilises after V-shaped recovery

The Public Mint token is up by 41% in the past 24 hours. The MINT token seems to be establishing a support zone near the $3.5 level and is being sustained by the rise in volumes. The coin could possibly 2X or 3X from the current price level if the uptrend continues in the future. The token has an interesting use case and has seen a continuous rally...

Where to buy OMG Network: OMG gears up for another rally after 29% gains

The OMG network token is currently trading at $11.02 and has managed to break the crucial resistance located at the $10 level. The coin was consolidating between the region of $8—$10 for the past two weeks before the current rally lead to a breakout. The coin could possibly 2X from the current levels and this would open the doors for breaking the all-time...

Where to buy e-Money: NGM price is up by 37%

The e-Money token has stabilised near the $1.5 region after trading between the range of $0.9—$1.6 for the past week. The coin could 2X or 5X from the current price level if the bull rally continues in the future. The NGM token has seen huge volumes being traded during the past 24 hours and the token could establish a firm support zone near the $1.9...

Vee Finance is exploited and sees $35 million lost

The attack on the protocol comes barely a week since its mainnet launch on the Avalanche (AVAX) network Vee Finance, a decentralised finance (DeFi) protocol on Avalanche (AVAX), has suffered an exploit in which $35 million was reportedly lost. The platform first reported the attack via Twitter, announcing a pause to some functions as it sought to...

Crypto inflows hit 5th straight week: CoinShares report

Bitcoin saw the most inflows, with Ethereum and Solana top among altcoins The crypto market has seen investment inflows for five straight weeks, according to a new report by asset manager CoinShares. The report came out as Bitcoin and the rest of the market experienced a widespread sell-off on the back of strain in the stock market, with BTC nosediving...

FTX subsidiaries in the Bahamas and Gibraltar get licences from regulators

Cryptocurrency exchange FTX has set up shop in Gibraltar and the Bahamas FTX has announced it is expanding to Gibraltar and the Bahamas by opening new branches in the regions. The new subsidiaries have each received licences from the respective local regulators.  The subsidiary in Gibraltar, Zubr Exchange, will operate as a supplier of distributed...

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