Crypto News

Avalanche creates $200 million fund to lure top crypto devs
The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network.

SAND Shoots 300% Past $3 As NFT Gaming Firm Sandbox Secures Major Investment
NFT gaming platforms continue to be one of the most trending topics in the crypto landscape. On Monday, November 1, Hong Kong-based NFT gaming platform secured a fresh $93 million funding led by giants like SoftBank.

Polkadot New ATH, Bulls Shoot DOT Past $50 Amid Excitement Around Parachain Launch
The world’s eighth-largest cryptocurrency Polkadot (DOT) is back into action hitting a new all-time high. On late Monday, November 1, the DOT price shot past $50 while entering into the price discovery zone.

Aussie firm to launch $100M class action over dodgy QOIN token
The issuers of the Australian token QOIN are set to face a $100 million lawsuit accusing them of pyramid selling and fraud.

Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019.

Determining the extent to which DeFi, NFTs appeal to Ethereum, Binance whales
Over the past few weeks, the commotion surrounding DeFi and NFTs has dropped in volume as the price action of major crypto assets is taking center stage. In the background, activity is still prominent but one key observation is the fact that many speculators club the narrative of DeFi, NFTs as one. While DeFi or various dApps have some sort of functionality, NFTs are just valued collectibles.

Top U.S. banks offer big incentives to lure crypto talent
Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years.

Crypto Exchange Kraken Set to List Shiba Inu Tomorrow — SHIB Investors Expect Price to Pump
Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days.