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    SoftBank leads latest Blockdaemon funding round

    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...
    Valid Points: Are We Witnessing the Death of DeFi Tokens?

    Valid Points: Are We Witnessing the Death of DeFi Tokens?

    This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here.The term “DeFi Summer” was coined after the birth and success of governance tokens and...
    Bitcoin Flash Crashes to $5K on Pyth Network’s Data Feed

    Bitcoin Flash Crashes to $5K on Pyth Network’s Data Feed

    Bitcoin briefly crashed to $5,402 (not a typo) Monday on Pyth Network oracle’s BTC/USD feed, causing liquidations to occur on a highly uncertain published price.Between 12:21 and 12:23 UTC the Pyth BTCUSD aggregate price was below $40,000 – the lowest price reported...
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