Here’s How Crypto Traders are Converting Worthless NFTs into Tax Breaks
Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just for that purpose. Others are...
NFT News
2023 will see the death of play-to-earn gaming
Play-to-earn gaming enabled by blockchain technology has grown exponentially over the few years. Gamers have embraced the opportunity to collect cryptocurrencies...
Ethereum founder says he hopes Solana gets a ‘chance to thrive’
Ethereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL) in a Dec. 30 tweet. He said that “smart people”...
Crypto’s recovery requires more aggressive solutions to fraud
It’s hardly an exaggeration to say that our industry is facing tough times. We’ve been in the midst of a...
Manchester United Accused of Copying NFT Artist For Its Own Collection
On December 28, NFT artist Lucréce reported via Twitter that he is in talks with Arthur Breitman, co-founder of Tezos,...
Defrost Finance Recovers Stolen Funds, Will Repay Customers
Decentralized finance protocol Defrost Finance has recovered funds from the hacker involved in the V1 flash loan exploit. In the...
Defrost Finance Drained for $12M
DeFi criminals have been observed to cash in on the ‘spirit of giving.’ Decentralized finance protocol Defrost Finance became the...
1inch launches Fusion upgrade to improve swap security and profitability
Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The...
Nearly 60% of NFT Trading Volumes in 2022 Was Wash Trading: Report
A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this...
Bridge attacks will still pose major challenge for DeFi in 2023 — Security experts
Security has been a critical challenge for decentralized finance (DeFi) and its evolution. Between 2020 and 2022, hackers stole over $2.5...
Immunefi says it has facilitated $66M in bug bounties since inception
According to a new report released on Dec. 21, blockchain security firm Immunefi has processed more than $65.9 million in...
Raydium announces details of hack, proposes compensation for victims
The team behind the Raydium decentralized exchange (DEX) has announced details as to how the hack of Dec. 16 occurred...
Uniswap to allow users to buy cryptocurrency using debit and credit cards
Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using...
Vitalik Buterin reveals 3 ‘huge’ opportunities for crypto in 2023
Ethereum co-founder Vitalik Buterin has shared three “huge" opportunities yet to be realized in crypto, including mass crypto wallet adoption,...
350 new ‘scam tokens’ were created every day this year: Solidus Labs
More than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to blockchain risk...
How to add unlockable content to your NFT collection
After a spectacular run in 2021, almost everyone at least superficially knows what nonfungible tokens (NFTs) are. Although not many...
Donald Trump’s NFT Collection Sold Out in One Day
Despite his seemingly poor market timing, former U.S. President Donald Trump’s recently launched collection of digital “baseball cards” sold out...
Blockchain indexer The Graph says adoption is still strong 2 years after mainnet launch
According to data provided to Cointelegraph on Dec. 15, network growth still appears to be strong for blockchain indexer The...
Maple Finance 2.0 overhaul aims to speed the process for loan defaults
Crypto lending platform Maple Finance has unveiled a major protocol upgrade aimed at making defaults and liquidation procedures less cumbersome...
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
In a recent blog post, cryptocurrency legend and former BitMEX CEO Arthur Hayes mentioned he holds sizable bags of GMX...
Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely
Continuing his so-called apology tour, Sam Bankman-Fried appeared on a Twitter Space with Unusual Whales and told nearly 60,000 listeners...
Starbucks Introduces Coffee-Themed NFTs on Polygon to Beta Testers
The American multinational chain of coffeehouses – Starbucks – launched its blockchain-based loyalty program, called Starbucks Odyssey, to its first...
