Lido, Rocket Pool team members argue over decentralization
A team member for Lido has accused competitor Rocket Pool of being too centralized in a July 4 social media...
NFT News
BAYC Has Tanked 90% as NFT Collection Floor Prices Plummet
Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the...
Poly Network Suspends Services After Getting Hacked
The cross-chain decentralized finance (DeFi) platform – Poly Network – announced on Twitter that it had halted operations due to...
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed
Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total...
Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
What are blue-chip NFTs, and how can we find them?
Strategies to find blue-chip NFTs include researching established platforms, following influencers, tracking notable artists and collaborations, and considering rarity and...
Arbitrum-Based DeFi Project Chibi Finance Rug Pulled: Over $1 Million Drained
In yet another case of a rug pull, Arbitrum-based Chibi Finance reportedly siphoned more than $1 million worth of various...
Yield Protocol declares full recovery from Euler hack, awaits user token exchange
Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can...
How to use DeFi the right way — This latest guide can help
The cryptocurrency market saw an explosion of growth during the 2021 decentralized finance (DeFi) Summer and increased fear of missing...
Here’s the Journey So Far
CryptoPunks, one of the first non-fungible token (NFT) collections on the Ethereum blockchain, has reached a significant milestone as it...
Tokenized FTX claim is used as collateral for a loan
A creditor of now-bankrupted crypto exchange FTX pledged a claim as collateral for a loan in the decentralized finance (DeFi)...
Celsius creditors allege Wintermute facilitated ‘wash trading’ — Report
Creditors of bankrupt cryptocurrency lending platform Celsius Network have alleged that crypto market maker Wintermute assisted Celsius executives in manipulating...
Institutional Adoption of DeFi is ‘Many Years Away,’ Says BlackRock Executive
Joseph Chalom – BlackRock’s head of strategic partnerships – thinks the current regulatory environment is not quite welcoming for leading...
Web3 startups get security boost as CertiK joins Cointelegraph Accelerator
Despite the crypto bear market, the Web3 ecosystem continues to grow. True to the notion that “bear markets are good...
Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO
Stablecoin protocol Reserve is investing $20 million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and...
Etherscan launches AI-powered Code Reader
On June 19, Ethereum block explorer and analytics platform Etherscan launched a new tool dubbed “Code Reader” that utilizes artificial...
Hong Kong says Cyberport attracted 150 Web3 firms in a year
In the past year, more than 150 Web3 firms have set up operations in Hong Kong’s Cyberport — a digital...
Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic
NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the...
Curve pool imbalance triggers USDT depeg concerns: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Sturdy stablecoin market reopens three days after $800K exploit
After recently suffering a recent exploit on its platform, decentralized finance (DeFi) protocol Sturdy Finance has reopened its stablecoin market.On...
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
The Tether (USDT) stablecoin slightly deviated from its United States dollar peg on June 15 due to an imbalance in...
Cybernetic organizations — BORGs — are doomed to fail
What makes a decentralized autonomous organization (DAO) a DAO? In practice, the democratic structure of these organizations has been compromised...
