The team behind the much-anticipated Flamingo Finance Protocol has just announced that the Mint Rush token farming event will be delayed due to technical issues. The Mint Rush is now scheduled to take place on September...
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...
French Investment Bank Société Générale has minted a loan worth $7 million from MakerDAO, marking an important milestone that bridges TradFi and DeFi.
Friend.tech has reversed a controversial policy that sought to punish users who use rival SocialFi projects by forfeiting their reward points.
$GALA, the native token of Gala Games, has skyrocketed thanks to the recent announcements made by the play-to-earn platform.
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...
Quick take: Grayscale currently manages a total of $6.3 Billion in digital assets Its Ethereum trust is worth $869.7 Million This figure is approximately 2% of Ethereum’s market cap indicating Grayscale holds a similar percentage 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...
The DeFi lending protocol Moola Market was recently hacked and exploited for $10 million. The attacker has returned most of the funds back to the protocol post-successful negotiations conducted by the firm. The moola market has...
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...
Quick take: An experienced ‘defi farmer’ used flash loans to drain Harvest Finance of $24 Million in just 7 minutes The team behind Harvest Finance have admitted they made an engineering error when designing the protocol...
Quick take: The DeFi boom has led to high ETH fees on the Ethereum network. The team at CoinMetrics has concluded retail users are being locked out of DeFi by these high ETH fees. Whales are...