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The defi craze is bringing life back to the crypto space with new projects showing up almost on a daily basis. Some are relating this defi boom to the ICO bubble of 2017 which has left many at a loss. 

As defi is still in its infancy stage, it is important to do your research before jumping into any new project. While there are many factors that contribute to a token’s success, there are also many red flags to look out for and many of them seem to remain consistent with the ICO bubble of 2017. We have in this article a list of common red flags one may be able to spot if they do their due diligence. While a project with one or more of these red flags does not mean it is a scam or it will fail, the risk is elevated and one must check in further details when doing due diligence before making an informed decision.

Bitcoin remains just under 20k and is seeing small retracements of up to 15-20%. Much smaller than the 30-40% anticipated by many who have been studying previous bull runs. Is this the new trend or is a 30-40% pull back long overdue? Lots of pumpamentals and dumpamentals discussed, many gameplans laid out by youtubers and predictions given on where BTC may go if it doesn't break 20k.  Join us at our next Zoom meeting  coming Wednesday as we discuss this more in details. Overall: Fundamentally speaking, lots of corporate buyers like Micro strategy buying in more BTC as well as positive regulatory news including US OCC...

The liquidators behind New Zealand crypto exchange Cryptopia recently opened up the claims process for the 940,000 affected users. Emails were sent out to affected users with instructions to self identify and receive a claims number. Many were skeptical when the email first came out as no official announcement on the website or social media accounts went before the emails. Liquidator Grant Thornton provided an update on their website a few days after the first email recipients received their emails on Twitter and on the liquidator's website.   If you did not receive an email, it may be in the spam folder or may not have been...

I follow a couple crypto YouTubers on a daily basis to know what's new in the crypto/Defi space. Here's a summary of videos of what they're saying regarding crypto:Crypto Kirby (Bearish. Expecting 30% drop): BTC just kissed ATH and now very volatile. just bounced off 18k (bought up same day) Healthy higher highs (If bulls can keep 18k, it's a good sign) If BTC sees savage correction, strong support at 11.5-13.8k Dropping to 13.8k is a 30% correction which is much due for 20k double top and psychological top Bearish divergence - Parabolic price, descending RSI and descending MACD DPO...