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Archblock, the underwriter of the loan, will join the court-advised liquidation process in an attempt to recover assets for investors.

This is the second time in a month that a lender defaulted on an unsecured loan on decentralized lending protocol TrueFi.

Uniswap [UNI] is back in the news after the token resurged amid the ongoing market recovery. The largest DeFi exchange has signs of northern movement since the start of the week. It seems like UNI’s focus is to end June on a high note after looking...

Bitcoin price is up over 4% today as the cryptocurrency continues to rally past the $21k mark, currently trading at $21,546. Major cryptocurrencies like Ethereum, Cardano, XRP, and Solana are also showing substantial price growth, with SOL gaining...

As recession fears pushed stock markets and cryptocurrencies to two-year lows last week, things are looking better this Juneteenth, as a federal holiday observes the end of slavery in the United States. Stock markets are closed today, which provides...

In the middle of what can be called market turmoil, Dogecoin [DOGE] has reasons to celebrate. In fact, its co-founder Billy Markus seemed ecstatic after his recent tweets got Elon Musk’s attention. What is the news and how is DOGE reacting to it?...

Shiba Inu [SHIB], one of the most popular meme coins around, has grabbed significant attention of late. Be it 2021 or 2022, the meme coin has seen decent developments within this crypto-sea full of competitors. However, regardless of this, why isn’t...

Fantom has been in the news lately. It has been able to successfully woo the top Ethereum whales but its price action hasn’t been remarkable. The latest upgrades have also been well-received by the CEO. The token has broken into the top 10 list in...

DeFi assets traded with fairly high unison, as a calmer environment coupled with a lack of catalyst events among the top assets graced the sector this week. However, one platform indeed stood out amongst the rest… Built different, maybe?  One of the...

The fates of many chimpanzees stranded in the shuttered Wildlife Waystation in the Angeles National Forest depend on building permanent new homes. Well, apes in the cryptocurrency world are suffering the same fate. Finding a place to call ‘Home’...