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...
NFT News
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...
Uniswap Surpasses $1.5T Trading Volume: Data
The crypto market significantly improved this year, but volatility persisted. Despite this, Uniswap managed to maintain its dominance over the...
CertiK and zk-Sync DEX Merlin Explore $2M Reimbursement Plan for Rugpull Victims
Blockchain security firm CertiK and zk-Sync decentralized exchange (DEX) Merlin are working towards a plan to reimburse users affected by...
Phantom Launches Multichain App, Will Support Ethereum and Polygon
The leading retail-facing self-custody cryptocurrency wallet on Solana, Phantom Wallet, revealed that it will support Ethereum and Polygon for all...
Animoca Brand’s Subsidiary TinyTap Closes $8.5 Million Funding Round
TinyTap – a technological startup that empowers users to create different educational game-based activities – secured an $8.5 million fundraiser....
OpenSea Pro Retaliates Blur’s Dominance in NFT Market: Data
Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled...
Stablecoins Worth $600k From 2021 DAO Maker Hack Sent Via Tornado Cash
Tornado Cash has, once again, found itself as the nexus of pilfered funds from a DeFi protocol. An Ethereum wallet...
Can ZK-Proofs Untange the DeFi Compliance Labyrinthine? Experts Weigh In
Earlier this week, the United States Treasury Department came out with some strong words while elaborating on the risk assessment...
Rep. Davidson Declares War on SEC Boss Gary Gensler Over ‘Long Series of Abuses’
Securities and Exchange Commission (SEC) Chair Gary Gensler’s crusade against the crypto-asset industry has prompted political pushback. United States Representative...
DeFi Protocol Hundred Finance Loses $7M in Latest Exploit
Multi-chain lending protocol Hundred Finance has suffered a security breach on the Optimism layer-2 scaling network, which resulted in the...
Hong Kong Confirms Crypto Commitment at Web3 Conference: Report
Government officials have confirmed the city’s crypto commitments at the Hong Kong Web3 Festival this week as it aims to become...
SEC Seeks to Regulate DEXs Under Existing Exchange Laws, Crypto Mom Responds
The Securities and Exchange Commission (SEC) is furthering its plans to bring crypto exchanges under its regulatory purview – including...
Aave, Yearn Finance Exploiter Steals Over $10M in Stablecoins: Report
As DeFi hacks continue, the latest protocols to be targeted by exploiters are Aave and Yearn Finance, according to blockchain...
Trust Wallet Teams up With Ramp and MoonPay to Enable Crypto-to-Fiat Withdrawals
Trust Wallet – a decentralized, non-custodial crypto wallet provider – collaborated with the payment systems – Ramp and MoonPay –...
How to Protect Your NFTs
Last month a crypto Twitter influencer accidentally destroyed their $129K CryptoPunk NFT. Here are some best practices to protect your...
Treasury Department Deems Decentralized Finance a National Security Threat
Poor cybersecurity practices within the decentralized finance (DeFi) industry present a threat to crypto, consumers, and national security, according to...
Cardano Gets Its First Oracle Integrator But ADA Falls Back
On April 6, Charli3 was launched on Cardano as its first oracle integrator. The platform’s oracles have been integrated by...
Donald Trump NFT Sales on the Rise Following his Arrest
The NFT collection featuring Donald Trump saw an increased interest in the hours after the billionaire’s arrest. Trump Digital Trading...
