Whales Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay crepto

The average trade size on Curve Finance ranges from $500,000 to $1 million, while deals on other prominent DEXs like Uniswap V3, Uniswap V2, SushiSwap, and Balancer V1 average between $10,000 – $20,000. That’s nearly ten times larger than the average trade size of $2,000 – $4,000 seen on centralized exchanges (CEXs).

Three Arrows Leads $4.3M Round for Solana-Based Metaverse Project Solice crepto

Solice, a cross-platform PC and virtual reality (VR) game built in the mold of Decentraland and The Sandbox, announced the raise on Thursday. The round was led by Zhu Su’s Three Arrows Capital, with participation from Alameda Research, Jump Capital, Genblock Capital, Kucoin Labs, Solar Eco Fund, CMS Holdings, Rarestone Capital and others.

Want Stocks With NFT Exposure? This ETF Has You Covered crepto

New York-based Defiance ETFs is launching an exchange-traded fund (ETF) focused on non-fungible tokens (NFTs), according to a press release sent to CoinDesk. The fund will track the performance of an index, dubbed the BITA NFT and Blockchain Select Index, composed of NFT, blockchain and crypto stocks, including NFT marketplaces and issuers such as Coinbase …

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Badger DAO Protocol Suffers $10m Exploit crepto

A decentralized finance (DeFi) mainstay is the latest to fall victim to a hack as $10 million in various cryptocurrencies has been stolen from the BadgerDAO yield vault protocol. Users first reported possible problems in the protocol’s Discord at 9 pm EST Wednesday night. Current speculation in community channels is that the hack is the …

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First Mover Asia: Bitcoin Drops Following First US Omicron Case crepto

Good morning. Here’s what’s happening this morning: Market moves: Crypto markets opened December with mixed performances as traders remain in a wait-and-see mode. Technician’s take: BTC’s uptrend is intact with improving price momentum. Downside appears to be limited around the $53K-$55K support zone. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto …

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Hologram NFTs at Art Basel Miami Are Trying to Save the Oceans crepto

Selviz, who did his first NFT drop about a month ago at NYC.NFT, is also the founder of the RENDRD Foundation (not to be confused with RNDR, the token), whose main goal is to provide access to underrepresented communities, such as Black youth, within the digital animation industry.

Payments Giant Square Is Changing Its Name to Block crepto

“The name change creates room for further growth,” the company concluded. “Block is an overarching ecosystem of many businesses united by their purpose of economic empowerment, and serves many people—individuals, artists, fans, developers, and sellers.”

The Long Strange Journey of Facebook’s Libra Project crepto

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW does a retrospective of Facebook’s libra project, which was renamed late last year to diem. He argues that, whatever happens with diem specifically, it has a place in the historical record as the starting gun for a new era in stablecoins and central …

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Analysts Expect Positive Bitcoin Returns in December crepto

The chart below shows average returns for bitcoin by month. Typically, BTC has positive returns in the fourth quarter, which is why some traders remain poised for a year-end rally across cryptocurrencies. Based on seasonal data, however, BTC’s upside could be limited as January tends to produce negative returns.

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