MakerDAO (MKR) Defies Market Surging to 16-Month High, Here’s Why
Crypto markets have been flat since mid-March, but MakerDAO’s MKR token has been on a rollercoaster ride. The crypto asset...
NFT News
UAE Leads MENA Region in DeFi Adoption: Chainalysis Report
MENA (Middle East and North Africa) region has been increasingly adopting cryptocurrency for various reasons. In countries with unstable currencies...
Mixin Network Faces $200 Million Loss in Attack, XIN Token Plummets 10%
In the latest cyber attack to hit the DeFi space, the Mixin Network’s cloud service provider database was recently compromised....
NFT Demise Rumors May Be Far-Fetched, CoinGecko’s Report Shows Interesting Insight
The recent eye-catching post calling the demise of non-fungible tokens (NFTs) has stirred strong reactions in many. The NFT sector,...
Federal Reserve Releases Working Paper Exploring Asset Tokenization and RWA
The Federal Reserve has released a comprehensive working paper delving into asset tokenization and Risk-Weighted Assets (RWA). As the financial...
DeFi Protocol Linear Finance Suffers Liquidity Drain in LUSD Token Attack
Decentralized finance (DeFi) protocol Linear Finance has fallen victim to an attack that resulted in the complete depletion of liquidity...
Blockchain Capital Raises Massive $580 Million in New Funding Frenzy
Blockchain Capital has announced the successful closure of two new funds, raising a total of $580 million. The latest funding...
SEC Announces Further Enforcement Actions Against Crypto Industry
David Hirsch, the head of the SEC’s Crypto Assets And Cyber Unit, recently promised further enforcement actions against crypto platforms...
Coinbase Launches Web3 Wallet Targeting Institutional and Enterprise Clients
Coinbase, one of the most popular crypto exchanges, continues its expansion journey with the official launch of its Web3 wallet...
Shiba Inu (SHIB) Scams Running Rampant
The popular memecoin Shiba Inu and its advancements are among the most intriguing topics for cryptocurrency enthusiasts and investors. However,...
Europol Hails Blockchain’s Unbeatable Independence and Security, Slams DeFi for Soaring Criminal Activity
In what’s described as a rapidly evolving landscape of financial and economic crimes threatening the internal security of the European...
Solidus Labs Uncovers $2 Billion Worth of Wash Trades on Decentralized Exchanges
The latest market manipulation report from Solidus Labs, specializing in crypto-native trade surveillance and risk monitoring, has identified wash trading...
Russia Prepares to Legalize Decentralized Financial Organizations
Russia is working on ways to legalize and regulate decentralized financial organizations, popularly known as DAOs, to bring more liquidity...
DeFi Should Be Off-Limits For CFTC, Says Coinbase CEO
Coinbase, one of the world leaders in crypto services, is currently battling accusations of improper conduct in U.S. courts. The...
DeFi Without Native Rights Is Dead
By Adam Knuckey, Co-Founder and COO of Dolomite The world is held together with bandaids and scotch tape. Lift the...
dYdX Foundation Releases Semi-Annual Report, Reveals Ecosystem Growth in 2023
The dYdX Foundation, a non-profit organization behind the decentralized crypto exchange dYdX, has released its semi-annual report detailing its ecosystem...
Glass Protocol’s Founders to Walk Away Due to Lacking Demand for Video NFTs
Sam Sends and Varun Iyer, the founders of the VC-backed protocol aiming to monetize NFT videos, said they will abandon...
Vitalik Buterin’s X (Twitter) Account Compromised, Iconic NFT Reportedly Stolen
Vitalik Buterin, the co-founder of the second-largest blockchain, Ethereum, had his X account hacked to portray a phishing site that...
CFTC’s Enforcement Blitz on DeFi Protocols Attracts Backlash
The Commodity Futures Trading Commission (CFTC) announced that it had initiated and successfully settled legal actions against the Opyn, ZeroEx,...
Consensys Goes for Builder Nights Tour 2023 to Tackle Account Abstraction and More
Typically, in order to interact with Ethereum, participants have to use the so-called Externally Owned Accounts (EOAs). Today, EOAs are...
CertiK Names the Reason for DNS Hijacking on DeFi
Millions of digital assets have been stolen by cyber adversaries via DNS hijacking attacks for phishing purposes, targeting users’ wallet...
Something’s Close to an ATH But It’s Definitely Not What You Think
With crypto market apathy in full effect, decentralized finance (DeFi) activity has plummeted across the board in 2023 – all...
