India’s central bank governor Shaktikanta Das said that DeFi is difficult to regulate because of its anonymity. Das made the remarks during a business summit, also calling for global coordination. India is waiting on a consensus...
Key takeaways: OpenSea has successfully migrated to SeaPort: a Web3 NFT marketplace designed with efficiency in mind. The move to SeaPort is estimated to save OpenSea users 35% in Ethereum gas fees or more than $460...
Key takeaways: Uniswap labs have welcomed the former President of the New York Stock Exchange, Stacey Cunningham, as an advisor. Ms. Cunningham served as the NYSE’s first female President between 2018 and 2022. Her appointment as...
Leading CeFi platform Celsius Network halts its withdrawals, swaps, and transfers citing extreme market conditions The native token of Celsius Network has crashed 50% and is currently sitting at $0.1855 Celsius Network, one of the leading...
Key takeaways: Snoop Dogg and Justin Sun have stated that they are working on Web6. Jack Dorsey had earlier announced that TBD was working on Web5 on the Bitcoin Network. The founder and former CEO of...
Key takeaways: There was an alleged security breach in Elrond whereby hackers stole $1.65 million in EGLD. The hackers then dumped the Elrond (EGLD) on the Maiar DEX, resulting in a 92% drop in the digital...
Summary: The ApeCoin Community has initiated a proposal to keep APE within the Ethereum ecosystem. 99.95% of the votes are so far for the proposal that ends on June 9th. The proposal under AIP-41 points out...
Summary: The New York Department of Justice has announced that it will be charging a former OpenSea employee for alleged insider trading of NFTs. The former employee was arrested and will be presented in the United...
Summary: The KuCoin crypto exchange has announced the launch of a decentralized wallet. The new KuCoin Wallet is designed to be secure and easy to use, with multi-chain aggregation powered by the KuCoin ecosystem. The decentralized...
Summary: CoinGecko will be hosting its GeckoCon Virtual Conference event on the 14th and 15th of July, 2022 (9 am to 3 pm EST). GeckoCon 2022 will focus on how Web3 will empower the Decentralized Future....
Quick take: The team at Waves (WAVES) has announced a DeFi revival plan meant to make its users whole and restore the full functioning of protocols in its ecosystem. The plan aims to fix USDN’s depeg...
STEPN will stop serving all users in China to comply with the country’s policies on cryptocurrencies. The GMT token tanked following the news, dropping nearly 20% over the past 24 hours. Play-to-earn games and similar services...