Synthetix has expanded its Layer 2 offering. The DeFi protocol's Staking app is now available on Optimistic Ethereum.

Ethereum is back on track to a new all-time high of $2,560 after slicing through a critical resistance barrier.

Morgan Stanley has registered 12 new investment portfolios with the SEC that will have indirect Bitcoin exposure of up to 25%.

A week of upward movement for Ethereum has put the second-ranked cryptocurrency back above $2,000. Its market cap is roughly $230.8 billion.

JPMorgan has told Bloomberg that a fall in Bitcoin's price volatility may encourage more institutional investors to buy in.

This week’s wNews digs into both the official arrival of institutions to the world of crypto and the current market’s froth level.

The IRS will likely gain access to records from two crypto companies, Circle and Poloniex, to root out tax evasion among U.S. investors.

Cardano (ADA) prices are dormant, even though an upgrade that will add support for smart contracts and applications is approaching.

TRON founder and CEO Justin Sun announced on Twitter that he has placed the winning bid on one of TIME's non-fungible tokens, or NFTs.

The Weeknd has released his first NFT collection, featuring previously unreleased music. He made over $2 million from the sale.

Goldman Sachs has pulled out of its short dollar trade, citing rising yields. Long BTC, short USD have recently been popular trades.

Gucci and a host of other fashion brands are reportedly looking into NFTs. However, the market seems to be exhausted.

Ethereum is getting ready for Proof-of-Stake. Vitalik Buterin, Justin Drake and other researchers are in favor of shipping the update in 2021.

Bancor will start burning vBNT using 5% of the swap fees accrued on the platform. This technique should increase stability and BNT value.

The Sacramento Kings will announce this week that their players and staff will be entitled to receive any part of their salary in Bitcoin.

Playboy is the latest media company to enter the NFT space, partnering with Gemini's Nifty Gateway to sell curated Playboy art on the blockchain.

Fei stablecoin failed to maintain $1 peg after the second reweight event as Fei Labs halts yield farming in a effort to save the experiment.

Coinbase announced that it would list 1inch, Enjin Coin, NKN, and Origin Token. Transfers of these tokens have been enabled ahead of trading.

Bitcoin and Ethereum continues to get swept from exchanges, adding to the supply side liquidity crisis in works since last year.

Cream Finance is launching protocol-to-protocol flash loans. It's the first DeFi project to enable the feature.