KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain

KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain

Bitcoin was recently changing hands at around $30,200, up more than 4.4% over the past 24 hours. The increase outperformed ether, which rose a little more than 3.5% during the same period, and other cryptos, most of which also registered smaller gains as investors continued to prefer the best-known digital asset over smaller, riskier ones. XRP, SOL, ADA and MATIC rose less than a percentage point. AVAX was among the losers, recently dropping more than 3%.

Originally Posted on: https://www.coindesk.com/markets/2022/05/19/first-mover-asia-kucoin-plans-to-bolster-defi-activity-on-its-blockchain-after-150m-raise-cryptos-gain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Shaurya Malwa, Damanick Dantes, James Rubin

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