Consensys Advocates for Nuanced Approach Following IOSCO’s Report
As different jurisdictions gear up for regulations on the digital asset sector, DeFi remains a tricky subject. The International Organization...
NFT News
9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’
A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint...
International Statutory Bodies Can Join Forces in Framing ‘Cohesive’ DeFi Rules
The proactive approach to framing crypto-specific guidelines comes as a respite after years of conversations about an outright ban on...
Solana’s Largest DeFi Protocol Restricts Access to UK Users
Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, has recently initiated a process to block access...
Regulatory Uncertainty Impedes DeFi’s Growth in North America: Chainalysis
North America emerged as the dominant cryptocurrency market, boasting an estimated on-chain value of $1.2 trillion between July 2022 and...
Q3 2023 Was the Worst Quarter for NFT Sales in 3 Years: Report
Non-fungible token (NFT) sales in Q3 2023 were the worst the market has seen in roughly three years. According to...
Layer 2 and DeFi Shine in 2023 as NFTs Lose Their Luster: Nansen
In 2023, the Ethereum blockchain witnessed intriguing transformations in the way users and entities engage. According to Nansen’s recent report,...
Uniswap founder burns $650B HayCoin against speculation
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X...
Crypto Bear Market Claims Scalps: These Projects Bow Out
The chilling winds of crypto winter continue to sting projects, prompting several of them to take a hard look at...
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (ETH) holders...
Ethereum DeFi protocol Hope Lend drained after exploit
Ethereum decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack.According...
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed...
Interview with Nansen CEO Alex Svanevik (Exclusive)
In the rapidly evolving world of blockchain and cryptocurrency, understanding the on-chain metrics can be challenging. Navigating this maze, Alex...
DeFi Defies Crypto Fundraising Slump, Secures $210M: Messari
The crypto industry’s fundraising efforts have taken quite a hit owing to the incessant crypto winter. Q3 was no exception....
DeFi Protocol Platypus Finance Loses Over $2M in Another Flash Loan Attack: Report
Decentralized finance (DeFi) protocol Platypus Finance has suffered yet another flash loan exploit that resulted in the loss of over...
BarnBridge Token Holders Unanimously Vote on SEC Compliance
BarnBridge is the latest crypto project that found itself entangled in legal proceedings initiated by the US Securities and Exchange...
Trader swaps 131K stablecoins for $0 during USDR depeg
During the crisis on Oct. 11 involving real-estate-backed U.S. dollar stablecoin Real USD (USDR), a trader appears to have swapped...
Ronaldo and Binance Release Third NFT Collection with Exclusive Fan Prizes
Soccer legend Cristiano Ronaldo and Binance announced the launch of their third NFT collection: The CR7 ForeverZone, which features 50,000...
Bitcoin needs Ethereum VM to reach its full potential — Web3 exec
Mainstream Bitcoin (BTC) adoption won’t happen until it bridges to the Ethereum Virtual Machine (EVM) — the first point of...
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m
The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an...
Ripple CTO seeks community consensus for XRPL AMM feature adoption
Ripple chief technology officer David Schwartz has advocated for XRP Ledger (XRPL) validators to support an automated market maker (AMM)...
ThorChain Hits Record-Setting $355 Million Trading Volume in a Day
ThorChain, a decentralized liquidity protocol, reported a record-breaking transaction volume on Oct. 5, with the number surging to $355 million...
