Muyao Shen

Muyao was a markets reporter at CoinDesk based in Brooklyn, New York. She interned at CoinDesk in 2018 after the initial coin offering (ICO) craze before she moved to Euromoney Institutional Investor, one of Europe's largest business and financial information companies. She graduated from Columbia University Graduate School of Journalism with a focus in business journalism.

Muyao Shen

Latest from Muyao Shen


Markets

Squid Game Token Crashes; Developers Say They’ve Left the Project

The play-to-earn token inspired by the hit Netflix show has plunged to nearly zero after a dizzying rise.

Squid Game (Flickr/Tigerfish Rain)

Markets

Curve Finance’s CRV Quietly Becomes a Top-Performing DeFi Token Despite Meme-Token Craze

CRV was up 1.87% in the past 24 hours and nearly 65% over the past week.

The rapid growth of a yield farming optimization protocol focusing on Curve Finance has helped CRV token become a top performing token this week. Credit: Noah Buscher/Unsplash

Markets

SHIB Flippened DOGE With $160M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows

A new force is behind shiba inu’s most recent price surge.

Shiba inu rests atop the summit. (Michael Yantis/Unsplash)

Markets

Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains

Momentum has been building after bitcoin hit an all-time high last week.

Solana hit new record high prices on Monday. Credit: Kurt Cotoaga/Unsplash

Markets

Options Traders Bet Big Ether’s Turn for an ETF Is Coming Soon

Crypto options market indicates some traders have become more bullish on ether’s price next year.

Options traders are betting ether will go much higher earlier next year. (Dan Farrell/Unsplash)

Markets

Vitalik Buterin Sent Away Trillions of Unwanted Dog Coins, but More Keep Rolling In

The Ethereum co-founder has again shown little love to DOGE knockoffs like baby shiba.

(Bruce Warrington/Unsplash)

Markets

Demand Spike on Binance Played Key Role in Bitcoin Rally: Kaiko

Bitcoin whales on Binance once again acted ahead of another price rally.

Whale (James Wainscoat/Unsplash)

Markets

Why Shiba Inu Has Been More Resilient Than Some SHIB Haters Would Like to Admit

While institutional investors have largely ignored the SHIB coin, the meme-token is rising thanks to its grassroots community.

(Melody Less/Unsplash)

Finance

Binance Dedicates Another $1B to Smart Chain Project

Binance’s latest move came as a number of other new Ethereum-alternative projects are also dedicating hundreds of millions of dollars in incentives.

Binance CEO Changpeng Zhao. (Akio Kon/Bloomberg via Getty Images)

Markets

No, Elon Musk’s Shiba Inu Tweet Isn’t Pumping SHIB’s Price

“When markets go risk-on, the meme coins tend to benefit,” said one expert.

Shiba inu (Melody Less/Unsplash)