KyberSwap attacker used ‘infinite money glitch’ to drain funds: DeFi expert
The attacker who drained $46 million from KyberSwap relied on a “complex and carefully engineered smart contract exploit” to carry...
NFT News
User claims $11M in Blur token rewards at NFT marketplace’s season 2 airdrop
A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT...
There’s More to the Story
The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46...
KyberSwap DEX exploited for $46 million, TVL tanks 68%
Around $46 million in various crypto assets has seemingly been drained from the decentralized KyberSwap exchange in the latest decentralized...
MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter
In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud...
Pancakeswap implements new ‘Gauges’ voting system and sunsets vCAKE metric
Decentralized crypto exchange Pancakeswap has implemented a new voting system called “Gauges,” and has sunsetted its vCAKE metric, replacing it with...
Substance abuse grows among crypto traders – Cointelegraph Magazine
Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing...
CoinMarketCap rival CoinGecko acquires NFT startup Zash
Major cryptocurrency tracking website CoinGecko is scaling its data offering by acquiring the nonfungible token (NFT) data infrastructure platform Zash.CoinGecko...
dYdX founder blames V3 central components for ‘targeted attack,’ involves FBI
Decentralized finance (DeFi) protocol dYdX founder Antonio Juliano took to X (formerly Twitter) to share some of the findings of...
Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns
Average daily transaction fees on Bitcoin (BTC) have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin...
Free-to-play Web3 games hold the key to mass adoption, YGG co-founder
Next year’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being completely free-to-play to dr...
dYdX raises margin requirements in some markets, bans “highly profitable trades”
Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund...
What are NFT DApps, and how to create and launch one?
The synergy between NFTs and DApps creates a dynamic ecosystem where digital ownership, decentralized finance and programmable assets converge, offering...
dYdX founder claims targeted attack led to $9M insurance claim
Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov....
Yearn.Finance token tumbles 43%, community speculates on exit scam
Yearn.Finance's governance token (YFI) plummeted over 43% in just five hours on Nov. 18 after rallying almost 170% early in...
Yearn Finance’s YFI Token Tumbles 40% Daily Despite V3 Announcement
The native token of the Yearn Finance ecosystem has plummeted by 40% overnight, which led to certain speculations within the...
Former Bithumb chair faces 8-year imprisonment
Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a...
Aave Ecosystem Rebranding to Avara
Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that...
3 metrics DeFi traders can watch in order to spot the next crypto bull market
The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of...
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users...
No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hot week for Hong Kong exchanges ...
