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Prior to the unlock, AXS was one of the worst-performing crypto assets by dropping 24% in a week, according to Messari. Traders positioned themselves for dropping further, building up shorts – bets designed toprofit from an asset’s price fall – and funding rates tilted overwhelmingly negative on most exchanges, according
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Ronin – a sidechain that is connected to the main Ethereum blockchain but allows the developers behind play-to-earn game Axie Infinity, Sky Mavis, to support faster and cheaper transactions – was hacked last month, losing 173,600 ETH and 25.5 million USDC, worth $625 million at the time. It ranks among the
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Inside SM Aura, one of Metro Manila’s many sprawling shopping malls, you’ll find a wonderfully whimsical “co-baking” space called Bakebe. Pronounced Bake-be, the idea is borrowed from a concept store in Hong Kong that uses an app to teach guests how to bake the cake of their dreams. Upon arrival,
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With the crypto market making a crazy comeback this year, an increasing number of casual investors all over the world are beginning to understand the potential that blockchain technology possesses. For example, over the course of 2020, decentralized applications gained a remarkable amount of traction, with the total locked volume
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