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...
NFT News
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....
Daily Revenue Hit 5-Year High at $17M
For some, the Ordinals craze has wreaked havoc in the Bitcoin ecosystem. BTC’s price may have, so far, failed to...
Bitcoin Ordinals Inscription Exceeds 5M After Doubling in a Week: Data
Ordinal inscriptions are on fire. Users are continuously flooding the Bitcoin network with images, video games, and other content. There...
NFT Traders Sell BAYC Below Floor Price to Buy PEPE
Certain traders have recently sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a discount to invest in...
Liquid staking solutions now have more TVL than DEXs: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Memecoin sends BTC fees to the moon, miner profits top $50B and more: Hodler’s Digest, April 30-May 6
Memecoin hype fuels Bitcoin transaction costs, BTC miners block rewards surpass $50 billion and AI’s “Godfather” warns of technology dangers....
Ethereum Median Gas Fee Hit 12-Month High Amid Memecoin Resurgence
In recent weeks, the Ethereum community has been grappling with an issue causing concern for many users – the rapidly...
Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express
CZ calls out Justin Sun for farming SUI at the expense of the little guys, “useless” PEPE up 20x, new...
UK Treasury Will Consult on DeFi Taxation: Report
The United Kingdom is gearing up for tax treatment of lending and borrowing on decentralized finance (DeFi) protocols. The country’s...
Sotheby’s Auction House Launches Marketplace for Secondary NFT Sales
On May 1, the company announced an addition to Sotheby’s Metaverse in the form of a “dynamic destination to collect,...
Vanguard of Financial Revolution, Assessing Opportunities, Bottlenecks, Compliance
Decentralized Finance (DeFi) players have been left unscathed as the unmonitored control of off-chain capital of centralized crypto entities led...
Capitulation? NFT Trading Volumes and Prices Plummet in the Last 30 Days
The past 30 days have seen a decline in trading volumes and prices of most non-fungible token (NFT) projects, likely...
Solana Sees Significant Growth Across DeFi, NFTs: Messari
After a turbulent 2022 owing to macroeconomic headwinds, Solana’s performance improved substantially in the first quarter of the year. Data...
Uniswap Surpasses $1.5T Trading Volume: Data
The crypto market significantly improved this year, but volatility persisted. Despite this, Uniswap managed to maintain its dominance over the...
CertiK and zk-Sync DEX Merlin Explore $2M Reimbursement Plan for Rugpull Victims
Blockchain security firm CertiK and zk-Sync decentralized exchange (DEX) Merlin are working towards a plan to reimburse users affected by...
