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...
NFT News
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...
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...
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...
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...
Musk’s alleged price manipulation, the Satoshi AI chatbot and more
Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin...
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
The amount of cryptocurrency lost to "rug pull" or "exit scams" — where founders suddenly up and leave with investors’...
Multichain team cannot locate CEO, halts service for affected chains
Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors...
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)....
Turns out, it’s pretty difficult to insure crypto users and platforms
Crypto insurance providers spend enormous amounts of time judging whether to provide coverage to a crypto company, and almost none...
FTX 2.0 coming up, Multichain FUD, Worldcoin raises six figures
Top Stories This Week Binance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits...
MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The community of Ethereum-based decentralized finance (DeFi) protocol MakerDAO will soon vote on a proposal seeking to increase the Dai...
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...
Solana integrates AI into blockchain, raises grants fund to $10M
On May 23, the Solana Foundation, a nonprofit dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it...
Crypto hacks falling in Q1 is but a ‘temporary reprieve’ — Blockchain firm
The crypto community is being urged not to let their guard down despite a significant decline in crypto hacks during...
BitDAO passes BIP-21 token optimization and branding proposal
The BIT token will soon undergo a branding transformation to become Mantle, after a measure was approved through a high...
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...
IOVLabs Introduces a $2.5M Program to Boost the Development of Bitcoin’s Sidechain Rootstock
IOVLabs – a company that develops decentralized blockchain technologies – launched a $2.5 million “strategic grants program” to accelerate the...
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,...
Anchorage Digital opens up DeFi voting for custody clients
Institutional clients of crypto custody firm Anchorage Digital can now voice their concerns on proposals for tokens they hold without...
