Arbitrum’s Chronos reaches $217M TVL with staking, becomes 8th largest DEX
Decentralized exchange (DEX) Chronos set a new milestone on May 4, reaching $217 million in total value locked (TVL) at...
NFT News
Securities token platform launches MPC wallet for institutions
Securities token platform INX has launched a wallet with compliance features for institutions, according to a May 3 announcement. The...
Sotheby’s Auction House Launches Marketplace for Secondary NFT Sales
On May 1, the company announced an addition to Sotheby’s Metaverse in the form of a “dynamic destination to collect,...
Vanguard of Financial Revolution, Assessing Opportunities, Bottlenecks, Compliance
Decentralized Finance (DeFi) players have been left unscathed as the unmonitored control of off-chain capital of centralized crypto entities led...
Capitulation? NFT Trading Volumes and Prices Plummet in the Last 30 Days
The past 30 days have seen a decline in trading volumes and prices of most non-fungible token (NFT) projects, likely...
Solana Sees Significant Growth Across DeFi, NFTs: Messari
After a turbulent 2022 owing to macroeconomic headwinds, Solana’s performance improved substantially in the first quarter of the year. Data...
UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
CertiK and zk-Sync DEX Merlin Explore $2M Reimbursement Plan for Rugpull Victims
Blockchain security firm CertiK and zk-Sync decentralized exchange (DEX) Merlin are working towards a plan to reimburse users affected by...
Phantom Launches Multichain App, Will Support Ethereum and Polygon
The leading retail-facing self-custody cryptocurrency wallet on Solana, Phantom Wallet, revealed that it will support Ethereum and Polygon for all...
Animoca Brand’s Subsidiary TinyTap Closes $8.5 Million Funding Round
TinyTap – a technological startup that empowers users to create different educational game-based activities – secured an $8.5 million fundraiser....
Ordinals Finance has conducted a $1M rug pull: CertiK
Ordinals Finance, an Ethereum-based decentralized finance (DeFi) protocol that allows users to lend and borrow inscriptions, has been accused of...
How to play and earn in CryptoKitties
Reminiscent of Tamagotchi and Pokémon, the wildly popular digital pets and creatures of the 1990s, CryptoKitties is a blockchain-based game...
OpenSea Pro Retaliates Blur’s Dominance in NFT Market: Data
Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled...
Games and tokenization are driving NFT industry maturation
From tokenizing investment assets to game avatars, nonfungible tokens (NFTs) have an array of applications that go beyond digital art,...
TransUnion to begin providing identity-protected credit scoring for DeFi lending
TransUnion, one of the three major United States credit reporting agencies, announced on April 20 that it would begin supplying credit...
Maple Finance launches pool for US Treasury yields
Blockchain institutional capital marketplace Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities.According to...
SafeMoon hacker agrees to return 80% of stolen funds, says development team
The attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds,...
Rep. Davidson Declares War on SEC Boss Gary Gensler Over ‘Long Series of Abuses’
Securities and Exchange Commission (SEC) Chair Gary Gensler’s crusade against the crypto-asset industry has prompted political pushback. United States Representative...
Hundred Finance loses $7 million in Optimism hack
Multichain lending protocol Hundred Finance has experienced a significant security breach on the Ethereum layer-2 blockchain Optimism. The protocol tweeted...
Hong Kong Confirms Crypto Commitment at Web3 Conference: Report
Government officials have confirmed the city’s crypto commitments at the Hong Kong Web3 Festival this week as it aims to become...
SEC Seeks to Regulate DEXs Under Existing Exchange Laws, Crypto Mom Responds
The Securities and Exchange Commission (SEC) is furthering its plans to bring crypto exchanges under its regulatory purview – including...
Aave, Yearn Finance Exploiter Steals Over $10M in Stablecoins: Report
As DeFi hacks continue, the latest protocols to be targeted by exploiters are Aave and Yearn Finance, according to blockchain...
