Gone are the days when decentralized finance (DeFi) was a niche for crypto frontrunners, while centralized finance (CeFi) was the absolute owner of users’ trust. Following the collapse of major centralized organizations within the industry, […]
Terra’s ecosystem had roughly 15% of the DeFi market share before its collapse last month. According to DeFiLlama data, this makes it the second-largest hub for all decentralized finance. But after a $40 billion network […]
It may not seem like it today, with crypto markets tanking, but DeFi assets have been steadily recovering over the past month, according to Glassnode. On July 31, on-chain analytics platform Glassnode published a report […]
The American gaming merchandise retailer – GameStop – announced it will remove its cryptocurrency wallets from the market as of November 1, 2023. The entity launched those features in the spring of last year, enabling […]
Yuga Labs accelerates Otherside plans Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as i looks to bolster its Otherside metaverse. Yuga tweeted the news on July 31, […]
Several Curve Finance liquidity pools were attacked on July 30 due to a vulnerability found in the Vyper programming language. Vyper is a contract programming language created for the Ethereum Virtual Machine (EVM). Curve Finance is […]
Uniswap, the ethereum ethereum Blockchain NetworkTechnology based exchange has been quiet on the tear since June 18 but suddenly jumped up with a steep gain of 150% in these past seven weeks. With its strong […]
The bipartisan legislation introduced earlier this week – titled the Crypto-Asset National Security Enhancement (CANSEE) Act – that seeks to regulate the decentralized finance (DeFi) sector has caused quite a stir. Cypto advocacy groups are […]
Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the industry, such as Yuga Labs’ Bored Ape Yacht Club, are heavily discounted. On July 3, […]
Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out in less than one hour during Sotheby’s Dutch auction for a total of 631 Ether (ETH), or around […]