Crypto Rug Pull Losses Outpaced DeFi Exploits in May: Report
A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams...
NFT News
Musk’s alleged price manipulation, the Satoshi AI chatbot and more
Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin...
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns
A proposal to enable protocol fees for the Uniswap decentralized exchange failed on June 1, potentially allowing liquidity providers (LPs)...
Multichain team cannot locate CEO, halts service for affected chains
Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors...
Tenet Bonds With LayerZero to Push LSD Omnichain Adoption
Tenet is a layer-1 network that’s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs)....
Turns out, it’s pretty difficult to insure crypto users and platforms
Crypto insurance providers spend enormous amounts of time judging whether to provide coverage to a crypto company, and almost none...
Stargate community proposes removal of Fantom USDC pool to mitigate risks
Stargate, the LayerZero cross-chain bridge protocol, has responded to the recent “force majeure” incident impacting Multichain, as well as the...
A16z releases anonymous voting system for Ethereum
Venture capital fund Andreessen Horowitz, also known as A16z, has released a Solidity library that can be used for anonymous...
Binance Continues NFT Foray, Launches New Loan Feature
The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable...
Multichain Token Crashes Over 20% Amid Reports of Users’ Funds Being Stuck
Users of the cross-chain router protocol Multichain have been reportedly experiencing delays in receiving their funds following an upgrade. There...
Is MetaMask withholding customers’ crypto for taxes? No, it’s not.
ConsenSys, the company behind the crypto wallet MetaMask has hosed down rumors that it collects taxes from cryptocurrency users. The company...
BitDAO passes BIP-21 token optimization and branding proposal
The BIT token will soon undergo a branding transformation to become Mantle, after a measure was approved through a high...
Bitcoin Frogs Best Selling NFT for 24-Hrs as BTC Catches Pepe Mania
The ordinals are coming in dank this week. Bitcoin Frogs was the #1 selling NFT collection for the 24-hour period...
IOVLabs Introduces a $2.5M Program to Boost the Development of Bitcoin’s Sidechain Rootstock
IOVLabs – a company that develops decentralized blockchain technologies – launched a $2.5 million “strategic grants program” to accelerate the...
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...
Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…
Top Stories This Week Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange An email sent out...
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...
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....
