How trustless bridges can help protect users
Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can...
NFT News
Binance Starts Minting True USD (TUSD) as TRU Price Explodes
Binance has started minting True USD (TUSD) in response to a U.S. regulatory crackdown on its own stablecoin BUSD. On...
Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes...
SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent...
LACMA Museum Receives Donation Of 22 Top-Tier NFTs Including CryptoPunks, ArtBlocks
On February 14, 2023, The Los Angeles County Museum of Art (LACMA) announced that it received the first and largest...
DeFi Could Face Challenges Due to SEC’s Crackdown on Crypto Staking: Lido DAO Exec
Jacob Blish, the head of business development at Lido DAO, the decentralized autonomous organization behind the largest liquid staking protocol,...
Multichain DEXs are on the rise with new protocols enabling them
Decentralized exchanges (DEXs) have become increasingly popular in recent years due to their ability to offer users a high degree...
DeFi Platform CoW Protocol Loses Over 550 BNB in Contract Exploit
Decentralized finance (DeFi) protocol CoW Swap has suffered a smart contract exploit, leading to the loss of approximately 551 BNB...
NFTs on Bitcoin? Ordinal Punk Sells for Over $200K (9.5 BTC)
Non-fungible tokens on Bitcoin’s network are now a thing, and they quickly become a heavily debated topic within the BTC...
Ethereum NFT Market Cap Dropped More Than 59% Over The Last Year
On February 9th, DappRadar published a report showing that the Ethereum NFT market cap value fell by 59.60% from $9.3...
NBA Star NFT Sells for $187,000 on Sorare
The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare...
WeTransfer Enters NFT Industry Via Minima Partnership: Report
WeTransfer, a freemium model file-sharing platform, has moved towards Web3 with a recently announced partnership with Minima that would allow...
A16z Exerts Control Over Uniswap by Downvoting BNB Chain Deployment
Crypto venture firm a16z has used its 15 million UNI token voting block to vote against a proposal that would...
a16z votes against proposal to deploy Uniswap v3 on BNB Chain
Venture capital firm Andreessen Horowitz (a16z) voted against a final proposal to deploy Uniswap v3 on the BNB Chain using...
Web3 Dev Andre Cronje Says DeFi is Here to Stay
2022 was not a great year for decentralized finance (DeFi). The industry saw implosion in itself thanks to the unsustainable...
Orion Protocol Hacked for $3 Million Through Reentrancy Attack
Orion Protocol – a liquidity aggregator for both CeFi and DeFi exchanges – saw its core contract hacked on Thursday...
Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs...
Pantera, Kraken, and Others Join Consortium for Injective Labs’ $150M Fund
The digital asset markets have been shaky in the past year, but the blockchain sector continues to scale as demand...
NFT Trading Platform SudoSwap Airdrops its Governance Token
NFT marketplace SudoSwap said it debuted its native governance token called SUDO with an airdrop of coins to early supporters....
Sorare Partners With The Premier League For a Fantasy Football Game
On January 30, Sorare, a Paris-based startup specializing in blockchain-based fantasy football games, announced its partnership with the Premier League,...
dYdX Extends 156 Million Token Lock-up Period by 10 Months
Decentralized cryptocurrency exchange dYdX has postponed plans to unlock nearly $300 million worth of dYdX tokens for investors, extending the...
Crypto Investment Trends That Will Define 2023: Report
Less than a month into the new year, the market is already showing sustainable signs of recovery, and the “creative...
