XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown
The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This...
NFT News
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability...
AAA studio Ubisoft to develop Web3 gaming experience with Immutable
AAA gaming studio Ubisoft has partnered with blockchain game firm Immutable to collaborate on developing Web3 games through its Strategic...
Exploited MEV Bot Incurs $2M Loss in Curve Pool Swaps: Data
According to PeckShield Alert data, an unknown Miner Extractable Value (MEV) bot has fallen victim to a hack, causing a...
NFT Industry Stages a Comeback After Dwindling Sales: Nansen
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend. Dwindling...
Aave Initiates Vote to Temporarily Disable Stable Borrows Across All Networks
Decentralized finance (DeFi) platform Aave has taken a significant step to bolster security measures, initiating a crucial vote to disable...
Stablecoin Activity Takes Crown From DeFi in Q3: Report
Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become...
OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch
Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer...
SafeMoon addresses recent exploits amid SEC charges
Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations...
Law professor says blockchain tech could ‘revolutionize’ copyright offices
A professor from the Texas A&M University School of Law recently published research exploring blockchain technology use cases in the...
Frax Finance Reports Domain Hijacking Incident
Frax Finance, a prominent decentralized cross-chain protocol, has warned its users, urging them not to use the frax.finance and frax.com...
Circle to phase out consumer accounts, but business and Mint will remain
Stablecoin issuer Circle will close out consumer or individual accounts on November 30, according to emails received by Circle customers...
UK risks regulating NFTs the wrong way, says Mintable CEO
The United Kingdom’s government is in danger of regulating nonfungible tokens (NFTs) in a way that doesn’t suit the true...
Consensys Advocates for Nuanced Approach Following IOSCO’s Report
As different jurisdictions gear up for regulations on the digital asset sector, DeFi remains a tricky subject. The International Organization...
9 protocols criticize LayerZero’s ‘wstETH’ token, claiming it’s ‘proprietary’
A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint...
CryptoPunk holders offered physical versions of their NFTs for 48 hours
Holders of CryptoPunk non-fungible tokens (NFTs) are being offered the chance to obtain physical prints of their digital art items,...
Solana’s Largest DeFi Protocol Restricts Access to UK Users
Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, has recently initiated a process to block access...
Regulatory Uncertainty Impedes DeFi’s Growth in North America: Chainalysis
North America emerged as the dominant cryptocurrency market, boasting an estimated on-chain value of $1.2 trillion between July 2022 and...
Q3 2023 Was the Worst Quarter for NFT Sales in 3 Years: Report
Non-fungible token (NFT) sales in Q3 2023 were the worst the market has seen in roughly three years. According to...
Layer 2 and DeFi Shine in 2023 as NFTs Lose Their Luster: Nansen
In 2023, the Ethereum blockchain witnessed intriguing transformations in the way users and entities engage. According to Nansen’s recent report,...
Uniswap founder burns $650B HayCoin against speculation
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X...
Crypto Bear Market Claims Scalps: These Projects Bow Out
The chilling winds of crypto winter continue to sting projects, prompting several of them to take a hard look at...
