Ethereum Experiences a Massive Surge in Gas Fees: Here’s Why
Ethereum median gas price has surged to 55.3 Gwei this month, almost doubling in a month and reaching its highest...
NFT News
Lawmakers’ fear and doubt drives proposed crypto regulations in US – Cointelegraph Magazine
Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators Elizabeth Warren and Joe Manchin and...
Blur Commands 80% of NFT’s Market Share as OpenSea Retreats: Data
In a year marked by a massive recovery run in the broader crypto market, the non-fungible tokens (NFTs) sector has...
Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’
Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain...
FTX and Alameda transfers another $22M worth of crypto asset
Blockchain analysis firm Lookonchain reported that cryptocurrency powerhouses FTX and Alameda Research are actively engaged in a substantial transfer of...
KyberSwap announces treasury grants for hack victims
KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. 22, which led to a...
Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings
The investment firm Tiger Global has reportedly reduced the valuation of its holdings in Bored Ape Yacht Club and OpenSea....
Velodrome and Aerodrome DEXs Face Frontend Attacks
Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a...
Wormhole raises $225M at $2.5B valuation
Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion.According to the Nov. 29 announcement, the...
AIs can run DAOs – Cointelegraph Magazine
For every genuine blockchain project harnessing artificial intelligence there are 100 coins trading off the hype. Magazine spoke with Near...
KyberSwap Retrieves $4.7 Million After Negotiations With Bot Operators
Decentralized exchange protocol KyberSwap announced that it had recovered $4.67 million in funds after a recent security attack that resulted...
Cosmos Hub greenlights ATOM inflation cut for security boost
The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token,...
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...
Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules
Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT)...
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...
Substance abuse grows among crypto traders – Cointelegraph Magazine
Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing...
dYdX founder blames v3 central components for ‘targeted attack,’ involves FBI
The founder of Decentralized finance (DeFi) protocol dYdX, Antonio Juliano, took to X (formerly Twitter) to share the findings of...
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...
dYdX founder claims targeted attack led to $9M insurance claim
Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov....
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 taps into ZetaChain to begin testing native Bitcoin DeFi swaps
DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin (BTC) swaps for its...
46% of crypto lost from exploits is due to traditional Web2 flaws — Immunefi
A new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is...
