Acala Exploit Causes Polkadot-Based DeFi Platform’s Stablecoin to Drop 99%
The list of not-so-stable stablecoins has a new addition, as Polkadot-based decentralized finance (DeFi) platform Acala saw its aUSD stablecoin...
Trending Cryptos
This Week in Coins: Ethereum and Avalanche Rally, Crypto Winter Still Not Over
This week in coins. Illustration by Mitchell Preffer for Decrypt. Despite the ongoing cypto bear market, many top cryptocurrencies posted...
Ethereum Tops $2,000 as Network Approaches Merge Event
Ethereum (ETH) continued its bull run and reclaimed the $2,000 level late on Friday night for the first time since...
Dutch Police Arrest Alleged Tornado Cash Dev, More Arrests ‘Not Ruled Out’: Financial Crimes Unit
The Netherlands Crime Agency (FIOD) today announced it had arrested a “suspected developer” of Tornado Cash, the Ethereum-centric mixing service...
DeFi Token Powering Ethereum Staker Lido Finance Jumps 18%
The native token behind the popular Ethereum staking platform Lido Finance has rallied more than 18% over the past 24...
Crypto Exchange CoinFLEX Plans $84M Restructuring in Seychelles
Crypto derivatives exchange CoinFLEX is seeking a quick resolution to its latest legal troubles as it files for restructuring in...
Crypto Miner Marathon Increased Bitcoin Holdings Amid $191.6M Quarterly Losses
Marathon Digital Holdings Inc. (NASDAQ: MARA), a leading cryptocurrency mining company, has reported a net loss of $191.6 million (or...
Binance ‘Never Completed’ Acquisition of Troubled Crypto Exchange WazirX: Changpeng Zhao
Crypto exchange Binance recently denied owning India-based crypto exchange WazirX, despite the company’s blog post from 2019 saying exactly the...
Beanstalk Celebrates Anniversary With ‘Safe Replant and Unpause’ Months After $182M Exploit
Beanstalk, a credit-based stablecoin, has rebooted on the one-year anniversary of its launch—and not quite four months since it was...
North Korean Hackers Behind DeBridge Finance Attack: Co-Founder
Alex Smirnov, co-founder and project lead at DeBridge Finance, took to Twitter on Friday to report that his company was...
Fintech Unicorn Revolut Still ‘Bullish on Crypto’ Amid Fresh Hiring Spree
As many crypto firms announce layoffs, UK’s largest unicorn Revolut is adding to its crypto division. The firm will boost...
Cross-Chain Crypto Bridge Hacks Hit $2 Billion: Chainalysis
Blockchain sleuths Chainalysis estimates that more than two-thirds of all stolen funds across the crypto space have come from cross-chain...
How Crypto and Esports Are Fueling Each Other’s Growth
In brief Crypto and esports industry firms have engaged in sponsorship deals plus collaborated on NFT and gaming projects and...
Net Flows Suggest ‘Bullish’ Crypto Market Momentum: Bank of America
The Bank of America has concluded that the recent rise in crypto outflows from exchanges and a rise in stablecoin...
Muse to Release Next Album on Polygon-based NFT Platform Serenade
"Will of the People," the ninth studio album of the iconic rock band Muse, will be released on August 26...
Civic Adds Verification Platform to Battle Bots and Scams
The Web3 identity and reputation company Civic is continuing its fight against bots, scams, and rug pulls with the launch...
DeFi Tokens Curve, Lido, ChainLink Jump Double Digits as Crypto Market Rebounds
The wider crypto market is largely in the green on Friday, with several blue-chip decentralized finance (DeFi) tokens doing especially...
US Stablecoin Bill Pushed to After August Recess
Bipartisan legislation to establish a regulatory regime for stablecoins in the U.S. has been pushed back to after the August...
Unstoppable Domains Reaches Unicorn Valuation With $65M Series A Round
In brief Web3 startup Unstoppable Domains has raised $65 million at a $1 billion valuation. The firm sells NFT-based domains...
CFTC Announces New Tech Innovation Office to Oversee Crypto
The regulator which could soon be responsible for more of the US’s crypto oversight is beefing up its technology team,...
Barclays Joins List of Investors Backing Crypto Custodian Copper: Report
Digital assets firm Copper is reportedly raising fresh funds, with banking giant Barclays among the new backers, according to a...
Inside the Crypto-Bot Ghost Towns of Telegram
Wave aside the cobwebs of the Telegram group “BitGo Cryptocurrency Exchange” and you’ll find a ghost town, populated by bots....
