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...
NFT News
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...
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...
Ethereum NFT Market Cap Dropped by 60% 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...
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...
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...
Euro stablecoin launched in Finland, claims to be first approved in the EU
Finnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according to a Feb. 2 blog post...
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,...
Should Bored Ape buyers be legally entitled to refunds?
Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures?...
North Korean hackers launder $27M ETH from Harmony Bridge attack
North Korean exploiters behind the Harmony Bridge attack continue to launder the funds stolen in June 2022. According to on-chain...
