Ethereum on exchanges hit a four-year low alongside steady inflows into the network’s staking contract ahead of The Merge. The market cap of the second-largest cryptocurrency has rallied by more than 34.5% over the past week, reaching nearly $199 billion. On July 21, Ethereum (ETH) held on exchanges hit a 4-year low following record staking…

The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week, resumes Prashant Jha in Finance Redefined digest on Cointeleptaph. This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears…

Crypto exchange Crypto.com will allow users can have crypto transactions using the payment integration with Google Pay App. This announcement follows the recent integration of Apple Pay into its mobile app and website. Google Pay users are getting access to the crypto market as the global cryptocurrency wallet and exchange Crypto.com rolls out an in-app…

Solana-based protocol Cardinal has raised $4.4 million in seed funding. The project aims to improve the utility of NFTs via additional use cases like rentals. Cardinal, an infrastructure protocol based on the Solana blockchain, has raised $4.4 million in a seed funding round, aiming to use funds to improve the utility of non-fungible tokens (NFTs)….

Crypto exchange KuCoin has announced its investment from trading firm Susquehanna International Group (SIG) of around $10 million, with plans to collaborate in blockchain startup incubation and KCS & KCC ecosystem building.  According to a press release by KuCoin, it will use the funds to upgrade platform infrastructure and enrich the product lineup, preparing for…

On July 21, SushiSwap launched its crosschain DEX (decentralized exchange) XSwap. The protocol called the new feature the “first-ever” automated market maker (AMM) exchange enabling cross-chain swaps. SushiSwap (SUSHI) is trying to reverse its declining market share by enabling cross-chain swaps across seven major blockchains. According to an official blog post, XSwap allows traders to…