NFT project accepted $3M to move its collection to Polygon
The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to...
NFT News
Magic Eden to refund users after fake NFTs sold due to exploit
Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on...
December DeFi exploits were the lowest in 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Fanatic sells 60% stake in Candy Digital amid ‘imploding NFT market’
Sports merchandise firm Fanatics is divesting its stake in nonfungible token (NFT) company Candy Digital as confidence in the asset...
Industry seeks solutions for NFT image-hosting disasters
The image-hosting aspect of nonfungible tokens (NFTs) needs major improvements. First, people saw NFTs on FTX breaking after it declared...
Balancer warns some LPs to remove liquidity ASAP because of a ‘related issue’
In a Jan. 6 tweet, DeFi protocol Balancer warned certain liquidity providers to remove their LPs "ASAP" due to an...
Crypto companies aim to build trust within future products and services
The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following...
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance, the decentralized trading platform that suffered a $12 million exploit in the days leading up to Christmas, has...
NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently,...
Midas Investments closes down amid $63M DeFi portfolio deficit
Custodial investment platform Midas will close down operations because of a $63.3 million deficit in its decentralized finance (DeFi) portfolio. In...
‘Make sure Ethereum wins’ — Steve Newcomb reveals zkSync’s prime directive – Cointelegraph Magazine
Steve Newcomb is a Silicon Valley veteran with a long list of achievements. He built software for trading energy in...
MicroStrategy to offer Bitcoin Lightning solutions in 2023
MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023.In...
Vader will shut down stablecoin USDV, cannot find a ‘breakthrough’
The app that produces stablecoin Vader Protocol US Dollar (USDV) will be shut down, according to a Dec. 29 announcement...
Crypto’s recovery requires more aggressive solutions to fraud
It’s hardly an exaggeration to say that our industry is facing tough times. We’ve been in the midst of a...
DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Ethereum founder says he hopes Solana gets a ‘chance to thrive’
Ethereum founder Vitalik Buterin showed sympathy for competitor Solana in a Dec. 30 tweet. He said that “smart people” tell...
2023 will see the death of play-to-earn gaming
Play-to-earn gaming enabled by blockchain technology has grown exponentially over the few years. Gamers have embraced the opportunity to collect cryptocurrencies...
Magic Eden to Reimburse Users Tricked into Buying Counterfeit NFTs
Magic Eden revealed that it will refund all the users who mistakenly bought unverified NFTs that showed up on the...
Quantum computers may soon breach blockchain cryptography: Report
According to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit...
3 ways crypto derivatives could evolve and impact the market in 2023
Futures and options let traders put down only a tiny portion of a trade’s value and bet that prices will...
$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
Cryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth of cryptocurrencies stolen,...
After an uncertain year, DeFi has high hopes for 2023
Decentralized finance (DeFi) is defined as any product or service offered by the Web3 world that helps users conduct financial...
