DeFi Platform Struct Finance Sees 129% Gains in 7-Day TVL, Ranks First on Avalanche
Decentralized finance (DeFi) protocol Struct Finance recorded over 129% gains in its total value locked (TVL) over the past week,...
NFT News
NFT Giant Dapper Labs Announces Laying off 51 Staff Members
The digital asset market continues to experience one of its longest, most bitter winters in recent history, leading established companies...
Arcadia Finance Hit by $455K Exploit on Both Ethereum, Optimism Networks
Non-custodial decentralized finance (DeFi) protocol, Arcadia Finance, is the latest victim of a $455,000 exploit that occurred on both the...
Algorand’s Largest DeFi Protocol Shutting Down Operations
Algorand-based decentralized finance (DeFi) protocol, Algofi, has announced winding down its operations. In a statement, Algofi cited a “confluence of...
Cristiano Ronaldo Drops Second NFT Collection on Binance, Owners Get the Chance to Meet Him
The Portuguese soccer megastar Cristiano Ronaldo launched a new NFT collection called “Forever CR7: The GOAT.” The digital items are...
Blockchain Gaming Reigns Supreme Amidst Regulatory Turmoil: DappRadar
Regulatory heat on the crypto industry intensified in the previous quarter. Facing the brunt are several sectors, including the DeFi...
Aave Token Holders Vote on Proposal Seeking Conversion of 1.6K ETH From Protocol’s Treasury
A new Aave proposal took place to decide the fate of $3 million in the protocol’s treasury. The holders of...
Poly Network Suspends Services After Getting Hacked
The cross-chain decentralized finance (DeFi) platform – Poly Network – announced on Twitter that it had halted operations due to...
BAYC Has Tanked 90% as NFT Collection Floor Prices Plummet
Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the...
Fraudsters Stole $2.27M Worth NFTs in June: PeckShield
NFTs continue to attract not only more users but also capture the eyes of fraudulent entities. Web3 threat actors have...
Arbitrum-Based DeFi Project Chibi Finance Rug Pulled: Over $1 Million Drained
In yet another case of a rug pull, Arbitrum-based Chibi Finance reportedly siphoned more than $1 million worth of various...
Here’s the Journey So Far
CryptoPunks, one of the first non-fungible token (NFT) collections on the Ethereum blockchain, has reached a significant milestone as it...
Institutional Adoption of DeFi is ‘Many Years Away,’ Says BlackRock Executive
Joseph Chalom – BlackRock’s head of strategic partnerships – thinks the current regulatory environment is not quite welcoming for leading...
DeFi Platform Struct Finance Introduces New Interest Rate Products
Struct Finance – a Decentralized Finance (DeFi) platform that allows customers to engage with tailored structured monetary products linked to...
Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic
NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the...
DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K
Sturdy Finance – a DeFi project promising up to 10x leverage on staked assets – has been exploited by a...
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...
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...
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...
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...
Crypto Rug Pull Losses Outpaced DeFi Exploits in May: Report
A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams...
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)....
