Discover the Latest DeFi Crypto News

Virginia Pension Fund Aims To Boost Its Returns Using Yield Farming

Rahul Nambiampurath·August 4, 2022

The Fairfax County Retirement Systems will invest in yield farming schemes. Chief investment officer Katherine Molnar spoke about the strategy in an interview. The regulatory landscape in the U.S. is changing, and with that, more incumbent...

Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report

John P. Njui·July 28, 2022

Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack - Report 12

Summary: A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge. Crypto Youtuber, Asobs, was the first...

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole

John P. Njui·July 27, 2022

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole 13

Summary: The Harmony Protocol team has proposed a reimbursement plan that involves hard-forking the chain. The plan involves two options: minting 4.97 billion ONE for full reimbursement or 2.48 billion ONE for 50% reimbursement. The minted...

Celsius Network’s Assets Could Be Locked for a Long Long Time Like Mt. Gox’s Crypto, Says Bitfinex Whale.

John P. Njui·July 14, 2022

Celsius Network's Assets Could Be Locked for a Long Long Time Like Mt. Gox's Crypto, Says Bitfinex Whale. 14

Summary: Bitfinex Bitcoin whale, Joe007, has warned that Celsius Network’s assets could be locked for a ‘long long time’ just like Mt. Gox’s crypto has been locked since 2014. Celsius Network has filed for Chapter 11...

Sandbox Partners With Tony Hawk To Build the Largest Skatepark in the Metaverse

John P. Njui·July 14, 2022

Sandbox Partners With Tony Hawk To Build the Largest Skatepark in the Metaverse 15

Summary: Sandbox has announced a partnership with the skateboarding legend Tony Hawk to build the biggest skatepark in the Metaverse. Autograph NFTs will provide additional access to Tony Hawk’s LANDs on Sandbox. Sandbox has bagged significant...

GeckoCon Insights: DeFi’s Next Phase of Growth Will Come From Solana, Avalanche, and Other Chains

John P. Njui·July 14, 2022

Summary: Today is the first day of CoinGecko’s 2022 GeckoCon which will run from the 14th to the 15th of July (9 am to 3 pm EST). This year’s GeckoCon will focus on how Web3 will...

CZ Defends His Tweet on Uniswap V3’s Potential Exploit, Says Speed is of the Essence When Dealing With Security Issues

John P. Njui·July 12, 2022

CZ Defends His Tweet on Uniswap V3's Potential Exploit, Says Speed is of the Essence When Dealing With Security Issues 17

Summary: CZ has defended his earlier tweet announcing a possible exploit on Unsiwap V3 that was later confirmed as being a false positive. According to CZ, he would rather be wrong than risk people losing money....

Celsius Network Withdraws 6k Wrapped BTC Worth $124M from Aave

John P. Njui·July 11, 2022

Celsius Network Withdraws 6k Wrapped BTC Worth $124M from Aave 18

Summary: Celsius Network has withdrawn 6,083 Wrapped Bitcoin worth $124 million from Aave. Celsius Network also repaid $78 million in USDC to Aave. The lending platform has been winding down on its DeFi positions since mid-June....

Playboy Partners With Sandbox To Build a MetaMansion With Exclusive NFTs

John P. Njui·July 11, 2022

Summary: Playboy has partnered with Sandbox to build its playboy mansion in the Metaverse. The MetaMansion will be a virtual destination for fans and the Rabbitar community. It will also have interactive gameplay, original programming, and...

ECB Recommends Urgent Stablecoin Regulation in Light of UST’s Collapse

John P. Njui·July 11, 2022

ECB Recommends Urgent Stablecoin Regulation in Light of UST's Collapse 20

Summary: The European Central Bank has recommended urgent stablecoin regulation, citing UST’s recent collapse and losses faced by its holders. The ECB also states that algorithmic stablecoins should be treated as unbacked crypto assets due to...

U.K. Authorities Invite Public Opinion On DeFi Taxation and Regulations

Naga Avan-Nomayo·July 5, 2022

U.K. opens consultation on DeFi taxation.

In a First-of-Its-Kind Move, DeFi Protocol Maker Is Bringing a Traditional Bank Into Its Ecosystem

Rahul Nambiampurath·July 5, 2022

The MakerDAO community is voting on a proposal to add a 100 million DAI debt ceiling participation facility of Huntingdon Valley Bank (HVB) as a vault. So far, the majority have voted in favor of the...

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Coinbase To Pause Ethereum (ETH) And ERC-20 Trading During The Merge

Ethereum Merge Tentative Date Is Set And It’s Sooner Than You Think

Ethereum Price Headed to $2,000 as Ethereum Goerli Merge Goes Live

Youtube Crypto Influencer BitBoy Crypto Warns That He Is Planning Something That “Will Permanently Change Crypto”

Michael Saylor “I’d Rather Win in Volatile Fashion Than Lose Slowly, Sell your Gold”

$10 Trillion Asset Manager BlackRock Unveils Bitcoin Spot Exposure Via Private Trust

Virginia Pension Fund Aims To Boost Its Returns Using Yield Farming

Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole

Consumer Watchdog Tina.Org Is Calling Out Celebrities For Endorsing NFTs Without Disclosing Their Connection With Projects

Orpheus Media Acquires 24.5% Of Barca Studios In A 100 Million Euros Deal

Magic Eden Proposes to Build “ApeCoinDAO,” An NFT Marketplace Catering To ApeCoin Holders

Dogecoin, Shiba Inu Are Leading The Current Crypto Price Rally

Coinbase To Pause Ethereum (ETH) And ERC-20 Trading During The Merge

Celsius Lost Over $100 Million In Grayscale Bitcoin Trust Trade: Financial Times Report

Nomiswap.io DEX launches $50,000 giveaway for a video review of the platform

Logium, The first DEX on Ethereum That Allows You To Bet On the Price Of Every Token On Uniswap

Bexplus Announcing $5,000 Rewards For New Users: Profiting With 2 Benefits & 3 Tools On Bexplus

Decentralized Finance (DeFi)

Virginia Pension Fund Aims To Boost Its Returns Using Yield Farming

Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole

Celsius Network’s Assets Could Be Locked for a Long Long Time Like Mt. Gox’s Crypto, Says Bitfinex Whale.

Sandbox Partners With Tony Hawk To Build the Largest Skatepark in the Metaverse

GeckoCon Insights: DeFi’s Next Phase of Growth Will Come From Solana, Avalanche, and Other Chains

CZ Defends His Tweet on Uniswap V3’s Potential Exploit, Says Speed is of the Essence When Dealing With Security Issues

Celsius Network Withdraws 6k Wrapped BTC Worth $124M from Aave

Playboy Partners With Sandbox To Build a MetaMansion With Exclusive NFTs

ECB Recommends Urgent Stablecoin Regulation in Light of UST’s Collapse

U.K. Authorities Invite Public Opinion On DeFi Taxation and Regulations

In a First-of-Its-Kind Move, DeFi Protocol Maker Is Bringing a Traditional Bank Into Its Ecosystem

Ethereum World News