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Yearn Finance (YFI) started the year strong, with bulls taking the lead for almost two weeks straight. It recorded a high of $7,651 on February 14 before profit-taking interrupted the rally. This sent the price down 15% to a low of $6,473 on the 19 th . Although bulls attempted to recover the lost ground, bearish efforts kept the price capped under $8,000 for at least 14 days. Meanwhile, investors were waiting to buy YFI at discounted rates. Accordingly, the token’s price plummeted to the $6,743 level before another bullish breakout. This marked the bull’s resurgence into the market. YFI price broke out on February 14, rising almost 50% to surpass key levels. It recorded a high of $19,161 on Sunday. Nevertheless, the rally has been interrupted again, possibly due to profit-taking. As such, another breakout may manifest soon as the next cohort of investors waits to buy cheap. At the time of writing, Yearn Finance was trading at $9,279 after losing 3.67% on the last day. It...

Affine Raised $5.1 Million led by Hack VC and Jump Crypto, with participation from Coinbase Ventures, Circle Ventures, Propel VC, Spartan Capital, Global Founders Capital, FJ Labs, Shima Capital, Eniac, AlphaLab, Genesis Block, & Dexterity. This brings its total funding to date to $6.9M and enables them to empower its users around the world to fight inflation by growing its assets, powered by DeFi with real yield. Affine is currently  live on Polygon and Ethereum , with 2M+ USD TVL, and helping users earn ~10% real yield. Affine’s Platform Goal In this world, Affine aims to be the trusted protocol for its users to earn yield that is fundamentally different from opacity and at times outright fraud. Affine saw from companies like FTX, BlockFi, 3AC, or Celsius during the last cycle. The platform believes in that a truly decentralized product can be an antidote to the travails of this last cycle and is building from the original ethos of blockchain. One where a decentralized and t...

Voyager has recently been in the news due to a $445.8 million lawsuit filed against it by Alameda, FTX’s sister business. A new court filing, however, shows that the parties concerned have reached a temporary deal over the dispute. Crypto broker Voyager Digital filed for bankruptcy in the middle of 2022, blaming the state of the market. Several businesses came up with plans to offer Voyager a life jacket and save it from bankruptcy. Also read: 359 Million Dogecoin on the Move by Top Whale, Price Reacts According to the latest on-chain data shared by Lookonchain, the bankrupt firm is reportedly selling assets through the Coinbase exchange. 1/ It seems that #Voyager is selling assets through #Coinbase. We noticed that #Voyager has received 100M $ USDC from #Coinbase in the past 3 days. And #Voyager has sent assets to #Coinbase almost every day from Feb 14.https://t.co/VW8o8dBQtqhttps://t.co/qbHt0r7VNG pic.twitter.com/kfxF6rwHFk — Lookonchain (@lookonchain) Febru...

Join Our Telegram channel to stay up to date on breaking news coverage Mastercard has announced a partnership with a web3 technology company Immersive, to offer an all-new crypto-enabled method of payment for physical, digital, and metaverse purchases. Mastercard Supports Stablecoin Transactions In Collaboration With Immersive Immersive, the web3 company behind this partnership , has said that this new payment solution will enable users to make digital currency payments directly from their crypto wallets. And can be used to pay for all goods and services at merchants that support Mastercard. This new solution is exclusive and has been launched for consumers in New Zealand and Australia. There is no third party required by the system that holds funds as collateral, which means users will have complete control over their cryptocurrencies. The ownership of assets will be completely in the hands of a customer until they make a purchase. And USD Coin will be used for all purchase...

BlueWallet seeks to promote self-custody solutions and greater levels of decentralization with its decision to sever the connection to lndhub.io. BlueWallet is sunsetting its lightning node connection to Lndhub.io according to an official statement. BlueWallet will cease custodial Lightning operations–meaning that BlueWallet users of the Bitcoin (BTC) Lightning Network must connect to nodes to continue using BlueWallet lighting services. What does BlueWallet sunsetting LndHub mean for you? - If you use BlueWallet for on-chain bitcoin: nothing - If you use other LndHub services (like LightningTipBot, LNbits, Alby): nothing - If you use the Lightning account hosted by them: ️ Move your sats out Read on — calle ️ (@callebtc) February 23, 2023 Calle, a Lightning Developer who tweeted about the change, told Cointelegraph: “The most important thing is that people don't panic and suddenly noobs move out their on-chain funds or wrong lightning balances.” The Lightning Network is a ...

Join us as we discuss some simple trading strategies to help you navigate the crypto space in a post-FTX world. In this week’s episode of Market Talks, Cointelegraph welcomes Brenda Gentry, or as she’s known on Twitter, Cryptomom. Gentry has over 15 years of experience in traditional banking. She started researching and investing in cryptocurrencies during the 2020 lockdowns and made substantial returns in 2021 after which she launched Gentry Media Productions. She is currently on a mission to introduce more women and minorities to Web3, decentralized finance (DeFi) and nonfungible tokens (NFTs). We kick things off with a report from the Bank of International Settlements, which found that the median retail investor lost 50% of their Bitcoin (BTC) investment in the past seven years. We ask Gentry what her thoughts are on this, given her background in finance, and also what are some ways that crypto investors can avoid becoming part of this statistic. Sports betting is all the rage now,...

With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address Challenges in the Market for Ordinal Inscription Trades At the time of writing, there are more than 160,000 Ordinal inscriptions on the Bitcoin blockchain, and the trend shows no signs of slowing. Luxor, a bitcoin mining venture, played a role in the rising demand for Ordinal inscriptions after mining the largest bitcoin block ever (#774,628) to mint an inscription. Block #774,628 was approximately 3.96 MB in size, and the inscription advertised the group that supports Ordinal inscriptions, called Taproot Wizards. After the number of Ordinal inscriptions rose to 150,000, Luxor announced its acquisition of Ordinalhub, a platform aimed at providing tools to buy, sell, and track Bitcoin-based non...

Chaos Labs protects crypto protocols against external exploits and risks with an automated risk management platform. Payments giant PayPal and investment management firm Galaxy joined hands to raise $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols. Chaos Labs protects crypto protocols against external exploits and risks with an automated risk management platform. The platform does this by offering agent- and scenario-based simulations, which in turn, helps secure protocols against economic vulnerabilities and market manipulation events. The seed funding is aimed at helping Chaos Labs further automate on -chain risk optimization.  1/ We are thrilled to announce we have secured $20M in seed funding led by @galaxyhq and @ PayPal to automate on -chain risk optimization! pic.twitter.com/gVnarbmFSk — omer (@omeragoldberg) February 21, 2023 The funding round saw participation from 23 organizations and six angel inv...

Join Our Telegram channel to stay up to date on breaking news coverage WEMIX, the native token of the Wemix blockchain-based gaming ecosystem, has a market capitalization of over $651 million, making it the 211th most valuable coin in the crypto space. Currently trading at $2.66 per token, WEMIX is up to 19.84% in the last 24 hours. Will the digital asset soar past its all-time high of $24.68 recorded on November 21, 2021? WEMIX was developed by Wemade Tree, an innovative decentralized gaming company. Wemade Tree aims to provide a seamless network that integrates fundamental gaming Features with blockchain technology to offer experience-driven services. Let’s look at the project’s latest technical Analysis to get the WEMIX price prediction for the year and beyond and its main propellers. WEMIX Technical Analysis There are signs that the crypto market is set to enter a new bullish age, with WEMIX tipped to follow suit since there is still optimism that the token ...

Tranch is a platform for SaaS sellers and service providers that lets customers buy now and pay later. It has raised $100 million in seed equity and debt funding. Soma Capital and FoundersX led the funding round. Founders of fintech companies from the US and UK and other institutional investors also participated in the competition. Clear Haven Capital Management is giving a loan as part of the funding round. Philip Kelvin and Beau Allison started Tranch in London in 2021. They were previously the CFO and head of engineering at a proptech startup called Trussle, which was bought by US mortgage broker Better HoldCo in July last year. Using Tranch, SaaS and service providers can be paid upfront while providing flexible payment options to their customers for up to a year. By adding “Pay with Tranch” as a payment option at checkout, businesses like law firms and marketing agencies can give their customers another way to pay for contracts worth up to $500,000....

Lawyers for FTX say that Voyager Digital contributed to its own failure by sending customer funds to Alameda “knowingly or carelessly.” Alameda Research, problematic crypto investment firm, is suing Voyager Digital, an insolvent crypto lender, to recover FTX’s November loan installments. On January 30, lawyers for FTX and Alameda filed a $445.8 million lawsuit against Voyager in a Delaware court. Both companies filed for bankruptcy in 2022, but Voyager did so four months earlier, in July under Chapter 11. Voyager requested that FTX and Alameda repay all outstanding debts after filing. Because these loan payments were made so close to November. When FTX and Alameda filed for bankruptcy, FTX lawyers claim they can be taken back. FTX says that in September and October, it paid Voyager $248.8 million and $193.9 million , respectively. According to court documents, the exchange also paid $3.2 million in interest in August. FTX acknowledge...

Join Our Telegram channel to stay up to date on breaking news coverage NEO price has been trading with a bullish prejudice since the onset of 2023, soaring almost 90% year to date. Despite the bears’ efforts to recover the market, the bulls tightened their grip on the token. The pace was slow until four days ago, when the token finally exploded 30% to record an intraday high of $12.15 on February 20. At the time of writing, NEO was auctioning for $11.49 after it had gained 17.63% on the last day. With this, the token’s market cap soared 17.76% in the same period to $814.07 million. This places the token at #68 on the CoinMarketCap list. Source: CoinMarketCap There was also a lot of trading activity on the Neo blockchain as the 24-hour trading volume was up 477.84% to $292.19 million in 24 hours. With this track record, NEO has made it to the list of top-ten performers in the past three days within the Top 100 market cap coins. Top 10 #Crypto Performers in past 3 ...

Researcher Thor Hartvigsen took to Twitter and shared the holdings of the top cryptocurrency VCs. According to Hartvigsen, the top 20 cryptocurrency funds have more than 1200 wallets. VC wallet hunting 🐳 The top 20 crypto funds have 1200+ wallets combined. I've been monitoring these closely throughout Jan/Feb 🔎 I present 8 of the largest VCs, their biggest holdings and recent investments👇 pic.twitter.com/SlCWGeOcla — Thor⚡️Hartvigsen (@ThorHartvigsen) February 16, 2023 Jump Trading: Hartvigsen identified Jump Trading as the largest cryptocurrency VC. With a total balance of $3.8 billion, the company’s portfolio of altcoins is dominated by Ethereum, valued at $3.25 billion. Furthermore, Shiba Inu ($328 million), MATIC ($81 million), USDC ($50 million), wBTC ($50 million), LINK ($20 million), and COMP ($14 million) are the tokens that follow behind. Wintermute: Wintermute, with a balance of $401 million, is the secon...