Metaverse land has steadily maintained value even during a brutal bear market for crypto.

Ether is surging against Bitcoin amid turbulence in the markets.

The race for the metaverse is heating up as Facebook has officially rebranded to become “Meta,” but judging from token prices, metaverse OGs don’t feel threatened.   

While many crypto analysts spent the week focused on Bitcoin’s pull-back to below $60,000, top DeFi assets quietly saw significant gains to drive the sector’s combined market cap in uncharted territory.

The DeFi Pulse Index comprising Uniswap, Aave, and other blue chips has lagged Ethereum during the latest rally.

DeFi Pulse's bellwether DeFi Index crossed $100B for first time.

Web3’s growing market cap continues to serve as a magnet to bring talent into the blockchain-enabled space.  DeFi Alliance, the startup accelerator akin to Y Combinator but for DeFi, has poached three superstars who hail from Blackrock, Facebook and Lambda School.  “Web3 has sparked the intellectual curiosity of talented people all across the globe,” Imran…

Axie Infinity is a blockchain-based game that’s become a smash hit with crypto users. It allows players to earn real money, and lots of it, surpassing the monthly salary for many in the world’s poorest countries.  It’s a massive game, sporting 1.5M daily users, according to its most recent development update. That’s more than Bitcoin’s…

The Pyth Network malfunctioned on Sep. 20 as the data provider reported a Bitcoin price of $5,402 on a day when other sources like CoinGecko didn’t report a BTC price below $40K. That wasn’t the only snafu. Pyth’s price feed for the stock of movie theater chain, AMC, showed a spike to $772 on Sep.…

Crypto markets Tuesday morning appeared to be shaking off gut-wrenching falls in the last 24 hours. At one point Monday, At one point, ETH nosedived 2.8% in an hour. Ethereum was up 0.5% in trading at 7:15 AM, according to CoinGecko data.  Cardano increased 0.4% and Solana, Avalanche and Chainlink were flat. So, too, was…