Dune Analytics reaches $1 billion valuation after $69 million funding round
    06 Feb 2022
    563 Views

    Dune Analytics, one of Ethereum’s most popular data visualization and analytics platforms, propelled to Unicorn Status with a $1 billion valuation after a $69 million fundraising round, looking to expand cross-chain. On February 2, Dune Analytics announced the close of a $69,420,000 round at a $1 billion valuation. The round was led by Coatue, a…

    Ethereum: 2022 Prospects
    06 Feb 2022
    518 Views

    Ethereum – the second most important cryptocurrency and the basis of most DeFi projects – faced a crisis last year. While more projects are still being launched on Ethereum, they experience difficulties due to poor scalability, low bandwidth, and expensive transactions. Ethereum (ETH) is perhaps the most important cryptocurrency in the world when it comes…

    Bitcoin hits $40,000, wiping out combined with ETH $160 million of shorts

    Bitcoin and other cryptocurrencies rallied on Friday, reversing losses from a few days ago. Ether (ETH), the world’s second-largest cryptocurrency, gained 13% over the past 24 hours, while an 11% rise in BTC and the NEAR token surged as much as 20%. The rise in altcoins relative to Bitcoin could reflect a greater appetite for…

    DeFi bridge Wormhole is hacked for $325 million
    05 Feb 2022
    726 Views

    The DeFi platform Wormhole became the victim of the largest crypto heist this year when an attacker exploited a security flaw to make off with close to $325 million. The attack on the popular bridge linking Ethereum and Solana is among the top five largest crypto hacks of all time. The attack took place on…

    Saudi Arabia ranked third among Arab crypto users
    05 Feb 2022
    561 Views

    Saudi citizens took third place in the Arab world in terms of cryptocurrency owners. Egypt ranked top by the number of crypto users, while Morocco ranked second. According to a study published by crypto analytics company TripleA, 453,000 Saudis in total own crypto assets, ranking third among the Arab countries, Saudi Gazette reported. Egypt ranked…

    Dogecoin: It’s Time to “Settle Down”
    05 Feb 2022
    470 Views

    The Dogecoin team is turning the most famous meme coin into a serious crypto project, as the Dogecoin Foundation, together with Vitalik Buterin (the creator of Ethereum), has announced the first-ever DOGE roadmap for 2022. The main point outlined there is Dogecoin switching to the Proof-of-Stake algorithm. Ever since its inception in 2013, the Dogecoin…