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Posts published in “Business”

As Ethereum Price Suffers, JPMorgan Strategist Hits The Asset With A 55% Lower Valuation

The past two days following the weekend close have not been the best for Ethereum. Along with the broader crypto market, the digital asset has suffered numerous dips that saw it break below $3,000 for the first time in a month. Although recovered back above $3,000, Ethereum continues to have a hard time maintain its…

ConsenSys Backed Virtue Poker and Binance NFT to Launch “Mystery Box” for Celebrity Tournament on Sept 23

The crypto and blockchain space is maturing at a rapid pace. Most financial industry experts agree that this nascent industry is here to stay because there are many different use-cases emerging for blockchain-enabled platforms. In addition to the rise of Bitcoin (BTC) as a widely accepted medium-of-exchange and store-of-value, Ethereum (ETH) has become a globally…

Another hit on Avalanche as Vee Finance exploited for $35 million

Another decentralized finance (DeFi) protocol on Avalanche (AVAX) chain, Vee Finance, has fallen victim to an attack, merely a week after Zabu Finance got hit.  The lending protocol platform has confirmed the exploit on Twitter, which counts as the second major attack in the Avalanche ecosystem. The post Another hit on Avalanche as Vee Finance…