647 Days Later, Wallet Tied to Uranium Finance Hacker Moves $3.35M
The hacker of the DeFi project – Uranium Finance – started moving 2,250 ETH, worth approximately $3.35 million, in stolen...
NFT News
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining...
‘Sorry for spreading a rumor,’ says podcaster on Lido’s FUD
The co-founder of the content studio Bankless, David Hoffman, has apologized for spreading rumors about what he called a “Wells...
Dan Harmon’s NFT show set for season 3, NFT-friendly Square Enix CEO steps down and more
Krapopolis, the nonfungible token (NFT)-affiliated cartoon series from Rick and Morty co-creator Dan Harmon, has been renewed for a third...
DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Celo president Rene Reinsberg explains why the protocol is optimizing for mobile
On Episode 10 of Cointelegraph’s Hashing It Out podcast, Celo president Rene Reinsberg joins Elisha Owusu Akyaw (GhCryptoGuy) to discuss...
Solana Labs’ Chief Exec Unveils Plan to Improve Network Upgrades After 20-Hour Outage
Solana attracted severe backlash from the community after it went down for almost 20 hours following a network upgrade. The...
Yuga Labs Launches Ordinal Inscription NFT Collection Twelvefold
On Feb. 28, Yuga Labs announced Twelvefold, its latest contribution to the world of nonfungible tokens. Riding on the back...
Tech companies enter agreement for ‘Japan Metaverse Economic Zone’
Interest in the metaverse is accelerating globally, with countries all over the world joining in the rush to get involved.In...
Uniswap DAO debate shows devs still struggle to secure cross-chain bridges
Over $2.5 billion was stolen in cross-chain crypto bridge hacks from 2021 to 2022, according to a report by Token Terminal....
Trip Hawkins, Founder of Electronic Arts, Enters The NFT Gaming Industry
Despite the ups and downs of the crypto market, the Web3 and the NFT gaming industries continue to attract the...
Spotify Runs Pilot for Token-Enabled Playlists with NFT Partners
Spotify is testing a new service – “token-enabled playlists” – with one of its partners to enable non-fungible token (NFT)...
Here’s Why Stacks (STX) Exploded 160% in a Week
STX – the native token of the Stacks network – has soared by a whopping 160% in the past seven...
OFR-Led Crypto Veterans Group Acquires the 0N1 Force NFT Collection
A group of cryptocurrency veterans acquired the comic-focused, blue-chip NFT collection – 0N1 Force. 0N1 Force is among the first...
Hope Finance Drained for $2M
Decentralized finance (DeFi) protocol Hope Finance suffered a $2 million exploit on February 20th. The hacker purportedly stole everything from...
Composable Finance CEO denies legal violations as CTO steps down
The CEO of Composable Finance has vigorously refuted allegations of legal improprieties at his decentralized finance (DeFi) infrastructure platform, which...
What is the network effect?
The network effect is a phenomenon where the value of a product or service increases as more people use it....
SEC sues Do Kwon, Paxos ready to litigate, SBF’s VPN: Hodler’s…
Top Stories This Week Paxos ‘categorically disagrees’ with the SEC that BUSD is a security The United States Securities and...
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...
Platypus DeFi faces flash loan attack, according to CertiK
Blockchain security firm CertiK reported on Feb. 16 that it has spotted a flash loan attack on Avalanche-based stableswap platform...
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...
Bitcoin Miners Generated $600K From Ordinals Transactions in 2 Months: Dune
Since the launch of the new controversial Bitcoin-based non-fungible token (NFT) protocol Ordinals in mid-December, miners on the largest blockchain...
