Decentralized Finance Can Make 2023 Crypto's Year Of Recovery
The disaster of digital asset exchange FTX — combined with the fall of other centralized entities, Celsius and Terra, earlier this year — has served as a masterclass on how not to build and operate crypto solutions.
Do Kwon Legal Woes Pile Up; Another Major Lawsuit Filed In US Over TerraUST Collapse
The lead plaintiff in the recently filed case alleged that Terra's stablecoin is a "Ponzi scheme."
DeFi Project Blur Finance Rug-Pulled For $600,000; BLR Token Crashes 99%
Blockchain security firm PeckShield confirmed that the developers of Blur Finance have rugged the project and made away with $600,000.
Binance CEO's Tweet About Uniswap V3 Threat Alarms Investors; Attackers Siphon Off Over $4.7M From Exploit
Uniswap is considered one of the largest decentralized crypto exchanges by transaction volume and one of the leaders in decentralized finance.
JPMorgan Plans To Tokenize Traditional Financial Assets
JPMorgan Chase will tokenize traditional assets to enable institutions and developers to take advantage of the potential of non-crypto assets, said Tyrone Lobban, the head of Onyx Digital Assets, at the CoinDesk Consensus 2022.
Solana To Focus On South Korean Web3 Startups With Launch Of $100M Fund
Solana Ventures and Solana Foundation have confirmed the launch of a 100 million investment and grant fund to focus on Web 3.0 startups in South Korea.
Dogecoin Co-creator Takes Out Frustration On Twitter, Calls "Every Token" On BSC "Garbage"
The Dogecoin co-creator previously said 70% of crypto investors don't understand the fundamentals of how the industry or the market works.
Twitter Decentralization Gains Currency After Musk's Bid To Takeover Micro-Blogging Site
Among thoe who want to decentralize Twitter include Binance CEO CZ, FTX CEO Bankman-Fried and venture capitalist Fred Wilson.
Crypto Offshoot DeFi Throws Up New Risks For Investors, Global Regulators Say
Decentralised finance - or DeFi - is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities regulators said on Thursday, adding to a chorus of warnings about the fast-growing crypto offshoot.
Infinite Mint Glitch Hits Solana-Based Cashio App; CASH Stablecoin Crashes To Zero
Cashio App has not yet revealed the details of the exploit, or how much money it lost due to the exploit.
BlockFi Confirms Security Breach, Provides Tips To Protect Online Presence From Malicious Actors
Based on BlockFi's announcement, hackers gained illegal access to the lending platform's data, which includes personal information like names, phone numbers and emails of the company's customers.
YFI, FTM Slump As 'Godfather Of DeFi' Andre Cronje Quits Crypto
Two of the most talented developers in the DeFi space are leaving their projects.
AAVE Launches Lens, A Decentralized Social Media Platform, In Challenge To Meta And Twitter
AAVE founder Stani Kulechov announced the debut of the DeFi giant's decentralized social media platform, Lens Protocol, on Monday.
Wonderland Top Executive Accused Of Involvement In Crypto Scam
Since his identity was revealed, Micheal Patryn has stepped back from his role at the DeFi platform.
DeFi Turns New Playground For Financial Criminals
Bitcoin's money laundering is the least concentrated, the report noted.
What Is DeFi 2.0? All You Need To Know Before You Invest
DeFi 1.0 has several issues including lack of insurance and impermanent loss, which DeFi 2.0 protocols like Maker DAO, Aave and Compound aim to solve.
BadgerDAO Hack: Investors Lose More Than $120M To DeFi Platform Exploit
BadgerDAO was hacked in a recent attack leading to a loss of more than $120 million, with nearly $50 million in BTC lost from a single address.
Raft Of Blockchain Games, DeFi Tokens Buck Trend Amid Digital Currency Downturn
As the Total Value Locked in DeFi (TVL) crosses above the $260 billion mark, the crypto market saw an outburst of bullishness among DeFi and Metaverse tokens like CRO, MANA, SAND, and more.
Blockchain-Based Gaming Gets A Boost With $100M Gaming Fund Launch
Solana Ventures, Lightspeed Venture Partners, and FTX have announced a $100 million fund for supporting blockchain gaming startups that are focused on building gaming studios.