Decentralized App Sweat Economy Unveils Governance Vote to Decide the Fate of 2B SWEAT Tokens
Sweat Economy – a fitness-focused decentralized application – announced the launch of a new governance vote on June 7th in...
NFT News
PoolTogether Case Dismissed, For Now
In late 2020, PoolTogether was sued by Joseph Kent, a software engineer who, at the time, was working as the...
Binance NFT Marketplace Announces Support for Bitcoin NFT Collections
Binance doubled down its efforts on the non-fungible token sector as it announced support for Bitcoin NFTs on Tuesday amidst...
Dapp Industry Grew by 10% in May Despite DeFi Declines
According to DappRadar’s monthly industry report, the decentralized application industry grew by 9.97% in May. It has reached an average...
Over $35 Million Reportely Stolen From Atomic Wallet Users
The week started on a grim note following the large-scale theft of digital assets from Atomic Wallet users resulting in...
Crypto Rug Pull Losses Outpaced DeFi Exploits in May: Report
A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams...
Tenet Bonds With LayerZero to Push LSD Omnichain Adoption
Tenet is a layer-1 network that’s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs)....
Binance Continues NFT Foray, Launches New Loan Feature
The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable...
Multichain Token Crashes Over 20% Amid Reports of Users’ Funds Being Stuck
Users of the cross-chain router protocol Multichain have been reportedly experiencing delays in receiving their funds following an upgrade. There...
Bitcoin Frogs Best Selling NFT for 24-Hrs as BTC Catches Pepe Mania
The ordinals are coming in dank this week. Bitcoin Frogs was the #1 selling NFT collection for the 24-hour period...
Diversification Doesn’t Work? NFT Influencers That Made or Lost Money With Memecoins
Savvy investors and NFT influencers have used the recent hype around memecoins as an opportunity to make solid profits. However,...
DOJ’s Crypto Crack Team to Target DeFi, Bridge Chain Exploiters, Says Its Top Cop
The United States Department of Justice (DOJ) plans to direct crackdowns against rogue crypto trading platforms and such investment scams,...
Pros and Cons for Bitcoin Related to BRC-20 Token Standard: Bitfinex Report
The latest buzz in the crypto world revolves around the newly introduced Bitcoin token standard (BRC-20), which has garnered considerable...
Daily Revenue Hit 5-Year High at $17M
For some, the Ordinals craze has wreaked havoc in the Bitcoin ecosystem. BTC’s price may have, so far, failed to...
NFT Traders Sell BAYC Below Floor Price to Buy PEPE
Certain traders have recently sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a discount to invest in...
Binance to Support Bitcoin Ordinals in its NTF Marketplace
Leading cryptocurrency exchange Binance announced plans to add support for Bitcoin Ordinals in its NFT marketplace in the coming weeks....
Ethereum Median Gas Fee Hit 12-Month High Amid Memecoin Resurgence
In recent weeks, the Ethereum community has been grappling with an issue causing concern for many users – the rapidly...
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...
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...
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...
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...
