UK Treasury Will Consult on DeFi Taxation: Report
The United Kingdom is gearing up for tax treatment of lending and borrowing on decentralized finance (DeFi) protocols. The country’s...
NFT News
Sotheby’s Auction House Launches Marketplace for Secondary NFT Sales
On May 1, the company announced an addition to Sotheby’s Metaverse in the form of a “dynamic destination to collect,...
Vanguard of Financial Revolution, Assessing Opportunities, Bottlenecks, Compliance
Decentralized Finance (DeFi) players have been left unscathed as the unmonitored control of off-chain capital of centralized crypto entities led...
Capitulation? NFT Trading Volumes and Prices Plummet in the Last 30 Days
The past 30 days have seen a decline in trading volumes and prices of most non-fungible token (NFT) projects, likely...
Solana Sees Significant Growth Across DeFi, NFTs: Messari
After a turbulent 2022 owing to macroeconomic headwinds, Solana’s performance improved substantially in the first quarter of the year. Data...
Uniswap Surpasses $1.5T Trading Volume: Data
The crypto market significantly improved this year, but volatility persisted. Despite this, Uniswap managed to maintain its dominance over the...
CertiK and zk-Sync DEX Merlin Explore $2M Reimbursement Plan for Rugpull Victims
Blockchain security firm CertiK and zk-Sync decentralized exchange (DEX) Merlin are working towards a plan to reimburse users affected by...
Phantom Launches Multichain App, Will Support Ethereum and Polygon
The leading retail-facing self-custody cryptocurrency wallet on Solana, Phantom Wallet, revealed that it will support Ethereum and Polygon for all...
Animoca Brand’s Subsidiary TinyTap Closes $8.5 Million Funding Round
TinyTap – a technological startup that empowers users to create different educational game-based activities – secured an $8.5 million fundraiser....
Vitalik Buterin and Indian yogi Sadhguru discuss tech, identity and more
Emerging technologies such as blockchain are ushering in a new era of interactions between humans and the digital world. This...
Why do platforms with ineffective bounty programs pay a higher price
Hacks remain common in the crypto space, with over $320 million in digital assets lost in the first quarter of...
OpenSea Pro Retaliates Blur’s Dominance in NFT Market: Data
Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled...
How is artificial intelligence revolutionizing financial services?
The future of AI in finance is exciting, with the potential to improve efficiency, accuracy and customer experience. However, it...
‘Worst code I’ve ever seen’: Euro stablecoin faces centralization criticism
Some pundits shared harsh sentiment toward a new euro-pegged stablecoin, but it’s not publicly accessible for the time being. Source...
Stablecoins Worth $600k From 2021 DAO Maker Hack Sent Via Tornado Cash
Tornado Cash has, once again, found itself as the nexus of pilfered funds from a DeFi protocol. An Ethereum wallet...
DeFi Protocol Hundred Finance Loses $7M in Latest Exploit
Multi-chain lending protocol Hundred Finance has suffered a security breach on the Optimism layer-2 scaling network, which resulted in the...
Rep. Davidson Declares War on SEC Boss Gary Gensler Over ‘Long Series of Abuses’
Securities and Exchange Commission (SEC) Chair Gary Gensler’s crusade against the crypto-asset industry has prompted political pushback. United States Representative...
Can ZK-Proofs Untange the DeFi Compliance Labyrinthine? Experts Weigh In
Earlier this week, the United States Treasury Department came out with some strong words while elaborating on the risk assessment...
Hong Kong Confirms Crypto Commitment at Web3 Conference: Report
Government officials have confirmed the city’s crypto commitments at the Hong Kong Web3 Festival this week as it aims to become...
SEC Seeks to Regulate DEXs Under Existing Exchange Laws, Crypto Mom Responds
The Securities and Exchange Commission (SEC) is furthering its plans to bring crypto exchanges under its regulatory purview – including...
Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay announced on April 13 that it is shutting down its operations.According to a statement...
Aave, Yearn Finance Exploiter Steals Over $10M in Stablecoins: Report
As DeFi hacks continue, the latest protocols to be targeted by exploiters are Aave and Yearn Finance, according to blockchain...
