$1.5B Stolen in Top 5 Crypto Heists of 2022: Forbes
Cryptocurrency firms struggled greatly in 2022, with multiple companies facing financial issues and bankruptcy. In addition to these challenges, over...
NFT News
DeFi Protocol Lido Reaches $5.9B in TVL Dethroning MakerDAO
Leading decentralized lending protocol MakerDAO has lost its dominance in the DeFi market as liquid staking protocol Lido Finance claimed...
Here’s How Crypto Traders are Converting Worthless NFTs into Tax Breaks
Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just for that purpose. Others are...
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...
Mango Markets $110M Exploiter Arrested, Faces Charges in New York
Cryptocurrency investor Avraham Eisenberg has been arrested in Puerto Rico on charges of commodities fraud and manipulation for allegedly stealing...
The FTX Contagion Goes on: Midas Investments Closes Down
The cryptocurrency platform Midas Investments disabled deposits and swaps due to severe financial losses caused by Celsius’ bankruptcy and FTX’s...
Manchester United Accused of Copying NFT Artist For Its Own Collection
On December 28, NFT artist Lucréce reported via Twitter that he is in talks with Arthur Breitman, co-founder of Tezos,...
Defrost Finance Recovers Stolen Funds, Will Repay Customers
Decentralized finance protocol Defrost Finance has recovered funds from the hacker involved in the V1 flash loan exploit. In the...
Defrost Finance Drained for $12M
DeFi criminals have been observed to cash in on the ‘spirit of giving.’ Decentralized finance protocol Defrost Finance became the...
1inch Network Introduces Fusion Update for DeFi Swaps
The popular DEX aggregator announced the launch of Fusion, which focuses on the 1inch Swap Engine and aims to enhance...
Nearly 60% of NFT Trading Volumes in 2022 Was Wash Trading: Report
A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this...
Bridge attacks will still pose major challenge for DeFi in 2023 — Security experts
Security has been a critical challenge for decentralized finance (DeFi) and its evolution. Between 2020 and 2022, hackers stole over $2.5...
Yat Siu — Big Ideas – Cointelegraph Magazine
Magazine: Animoca was a successful mobile gaming company, with 10 million downloads and various apps in the top 10 on...
Raydium announces details of hack, proposes compensation for victims
The team behind the Raydium decentralized exchange (DEX) has announced details as to how the hack of Dec. 16 occurred...
Uniswap to allow users to buy cryptocurrency using debit and credit cards
Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using...
350 new ‘scam tokens’ were created every day this year: Solidus Labs
More than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to blockchain risk...
Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
SBF risks 115 years in jail, Binance’s FUD, and auditors quit crypto: Hodler’s Digest Dec. 11-17
Top Stories This Week FTX founder Sam Bankman-Fried arrested, set to be extradited to US Sam Bankman-Fried was taken into...
Donald Trump’s NFT Collection Sold Out in One Day
Despite his seemingly poor market timing, former U.S. President Donald Trump’s recently launched collection of digital “baseball cards” sold out...
Should crypto projects ever negotiate with hackers? Probably – Cointelegraph Magazine
“A highly profitable trading strategy” was how hacker Avraham Eisenberg described his involvement in the Mango Markets exploit that occurred...
Maple Finance 2.0 overhaul aimed at speeding up the defaulting process
Maple Finance is a decentralized credit market powered by blockchain technology. Instead of requiring overcollaterlization of loans, it instead allows...
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
In a recent blog post, cryptocurrency legend and former BitMEX CEO Arthur Hayes mentioned he holds sizable bags of GMX...
