Blockchain developers launch $50M fund to increase Wormhole adoption
A $50 million fund has been launched to help startups that use the Wormhole cross-chain messaging protocol, according to a...
NFT News
Diversification Doesn’t Work? NFT Influencers That Made or Lost Money With Memecoins
Savvy investors and NFT influencers have used the recent hype around memecoins as an opportunity to make solid profits. However,...
DOJ’s Crypto Crack Team to Target DeFi, Bridge Chain Exploiters, Says Its Top Cop
The United States Department of Justice (DOJ) plans to direct crackdowns against rogue crypto trading platforms and such investment scams,...
$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals
The Lido liquid staking protocol has enabled Ether withdrawals for the first time, according to May 15 data from Parsec...
Pros and Cons for Bitcoin Related to BRC-20 Token Standard: Bitfinex Report
The latest buzz in the crypto world revolves around the newly introduced Bitcoin token standard (BRC-20), which has garnered considerable...
Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says
The latest hype around Bitcoin (BTC) Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of...
MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
MakerDAO, the decentralized autonomous organization (DAO) behind the Dai stablecoin and its related Maker governance token, recently announced a slew...
Pepe would be ashamed by PEPE investors
Death threats, viral rap videos and a stream of frog-themed insults. That’s the state of my social media profiles after...
Daily Revenue Hit 5-Year High at $17M
For some, the Ordinals craze has wreaked havoc in the Bitcoin ecosystem. BTC’s price may have, so far, failed to...
Binance to Support Bitcoin Ordinals in its NTF Marketplace
Leading cryptocurrency exchange Binance announced plans to add support for Bitcoin Ordinals in its NFT marketplace in the coming weeks....
Crypto jargons: Understanding the Language of Digital Assets
The terms and languages used in crypto can be intimidating and confusing. You could easily get lost in the jargon....
NFT Traders Sell BAYC Below Floor Price to Buy PEPE
Certain traders have recently sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a discount to invest in...
Memecoin sends BTC fees to the moon, miner profits top $50B…
Top Stories This Week Memecoin hype drives Bitcoin transaction fees to multi-year highs The ongoing trading frenzy of memecoins like...
Ethereum Median Gas Fee Hit 12-Month High Amid Memecoin Resurgence
In recent weeks, the Ethereum community has been grappling with an issue causing concern for many users – the rapidly...
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...
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...
