Binance Starts Minting True USD (TUSD) as TRU Price Explodes
Binance has started minting True USD (TUSD) in response to a U.S. regulatory crackdown on its own stablecoin BUSD. On...
NFT News
Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes...
Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’
The alleged exploiter of the decentralized finance protocol Mango Markets, Avraham Eisenberg, is seeking to keep his share of crypto...
LACMA Museum Receives Donation Of 22 Top-Tier NFTs Including CryptoPunks, ArtBlocks
On February 14, 2023, The Los Angeles County Museum of Art (LACMA) announced that it received the first and largest...
DeFi Could Face Challenges Due to SEC’s Crackdown on Crypto Staking: Lido DAO Exec
Jacob Blish, the head of business development at Lido DAO, the decentralized autonomous organization behind the largest liquid staking protocol,...
Exchange pulls plug on DeFi multi-token wallet
Cryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud Wallet platform in May 2023, citing “strategic and...
Multichain DEXs are on the rise with new protocols enabling them
Decentralized exchanges (DEXs) have become increasingly popular in recent years due to their ability to offer users a high degree...
Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Ethereum NFT Market Cap Dropped by 60% Over The Last Year
On February 9th, DappRadar published a report showing that the Ethereum NFT market cap value fell by 59.60% from $9.3...
NBA Star NFT Sells for $187,000 on Sorare
The single edition non-fungible token (NFT) of professional basketball star Giannis Antetokounmpo was sold for 113.9 ETH ($187,000) on Sorare...
DeFi Platform CoW Protocol Loses Over 550 BNB in Contract Exploit
Decentralized finance (DeFi) protocol CoW Swap has suffered a smart contract exploit, leading to the loss of approximately 551 BNB...
WeTransfer Enters NFT Industry Via Minima Partnership: Report
WeTransfer, a freemium model file-sharing platform, has moved towards Web3 with a recently announced partnership with Minima that would allow...
A16z Exerts Control Over Uniswap by Downvoting BNB Chain Deployment
Crypto venture firm a16z has used its 15 million UNI token voting block to vote against a proposal that would...
Web3 Dev Andre Cronje Says DeFi is Here to Stay
2022 was not a great year for decentralized finance (DeFi). The industry saw implosion in itself thanks to the unsustainable...
Orion Protocol Hacked for $3 Million Through Reentrancy Attack
Orion Protocol – a liquidity aggregator for both CeFi and DeFi exchanges – saw its core contract hacked on Thursday...
Euro stablecoin launched in Finland, claims to be first approved in the EU
Finnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according to a Feb. 2 blog post...
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
Recent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi) space,...
NFT Trading Platform SudoSwap Airdrops its Governance Token
NFT marketplace SudoSwap said it debuted its native governance token called SUDO with an airdrop of coins to early supporters....
Sorare Partners With The Premier League For a Fantasy Football Game
On January 30, Sorare, a Paris-based startup specializing in blockchain-based fantasy football games, announced its partnership with the Premier League,...
North Korean hackers try to launder $27M in ETH from Harmony bridge attack
North Korean exploiters behind the Harmony bridge attack continue to try and launder the funds stolen in June. According to...
Crypto Investment Trends That Will Define 2023: Report
Less than a month into the new year, the market is already showing sustainable signs of recovery, and the “creative...
Aave deploys V3 on Ethereum after 10 months of testing on other networks
The third version of crypto lending app Aave has now been deployed to Ethereum for the first time, according to...
