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...
NFT News
Binance caves to pressure over coin listings, scoring a win for privacy
Privacy advocates scored a big win in June with Binance’s announcement that it was backtracking on a decision to delist...
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...
Coinbase layer-2 network Base closes in on mainnet launch
Base, a new layer 2 application-focused protocol by Coinbase has just one criteria left to fulfil before being ready for...
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...
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread...
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)...
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...
DeFi Platform Struct Finance Introduces New Interest Rate Products
Struct Finance – a Decentralized Finance (DeFi) platform that allows customers to engage with tailored structured monetary products linked to...
Wallet providers introduce BRC-20 token support despite market drawdown
On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature,...
Queen, HSBC filings hint at NFTs, Yuga teases robot game and more
HSBC files metaverse and NFT patentsBritish banking institution HSBC filed a series of metaverse and nonfungible token (NFT)-related trademark applications. A...
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...
Watch out Ordinals, 30,000 ‘Ethscriptions’ land on Ethereum
Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with...
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...
Curve’s (CRV) price hits a 1-year low amid looming liquidation threat
The Curve decentralized autonomous organization’s (DAO’s) governance token CRV dropped 12% on June 15 after reports surfaced of risky loans...
Aave proposal to freeze alleged Curve founder’s loans draws controversy
A June 12 AAVE (AAVE) proposal aimed at preventing a particular account from accumulating more debt has led to controversy,...
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price...
DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K
Sturdy Finance – a DeFi project promising up to 10x leverage on staked assets – has been exploited by a...
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow...
