Azuki DAO rebrands to ‘Bean’ as it drops lawsuit against founder
Update - November 25 11:45 AM UTC: This article was updated after receiving a clarification statement from an Azuki DAO...
NFT News
KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
There’s More to the Story
The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46...
HTX exchange loses $13.6M in hot wallet hack: Report
HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO...
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to...
Free-to-play Web3 games hold the key to mass adoption — YGG co-founder
2024’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being entirely free-to-play to attract players,...
dYdX raises margin requirements in some markets, bans “highly profitable trades”
Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund...
Yearn Finance’s YFI Token Tumbles 40% Daily Despite V3 Announcement
The native token of the Yearn Finance ecosystem has plummeted by 40% overnight, which led to certain speculations within the...
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’
Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across...
Opyn Co-Founders Step Down Amid Regulatory Pressures
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry....
Who Will the Famous Athlete Be?
TL;DR Shiba Inu’s New Release: The Shiba Inu team announced the second edition of The Shib Magazine and a 3,000...
RUNE Soars 40% Weekly as THORChain Claims 2nd Place in DEX Daily Trading Volumes
THORChain, a native asset settlement protocol, is now the second-largest decentralized exchange (DEX). Its native token, RUNE, has experienced a...
XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown
The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This...
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability...
Bitget integrates DeFi aggregator into crypto exchange app
Crypto exchange Bitget has integrated a decentralized finance (DeFi) aggregator into its crypto exchange application, allowing users to swap their...
Exploited MEV Bot Incurs $2M Loss in Curve Pool Swaps: Data
According to PeckShield Alert data, an unknown Miner Extractable Value (MEV) bot has fallen victim to a hack, causing a...
NFT Industry Stages a Comeback After Dwindling Sales: Nansen
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend. Dwindling...
Aave Initiates Vote to Temporarily Disable Stable Borrows Across All Networks
Decentralized finance (DeFi) platform Aave has taken a significant step to bolster security measures, initiating a crucial vote to disable...
Stablecoin Activity Takes Crown From DeFi in Q3: Report
Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become...
OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch
Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer...
SafeMoon addresses recent exploits amid SEC charges
Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations...
