Discover the Latest DeFi Crypto News

Snoop Dogg, Justin Sun Up Jack Dorsey’s Web5 by Saying they Are Working on Web6

John P. Njui·June 11, 2022

Snoop Dogg, Justin Sun Up Jack Dorsey's Web5 by Saying they Are Working on Web6 14

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...

Celsius’s Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility

Juhi Mirza·June 13, 2022

Celsius's Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility 15

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...

Uniswap Onboards Former President of the New York Stock Exchange, Stacey Cunningham, as An Advisor

John P. Njui·June 15, 2022

Uniswap Onboards Former President of the New York Stock Exchange, Stacey Cunningham, as An Advisor 16

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...

OpenSea’s Migration to the SeaPort Web3 Marketplace is Estimated to Save Users 35% in Ethereum Gas Fees

John P. Njui·June 15, 2022

OpenSea's Migration to the SeaPort Web3 Marketplace is Estimated to Save Users 35% in Ethereum Gas Fees 17

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...

DeFi Difficult to Regulate Because of Its Anonymity: Indian Central Bank

Rahul Nambiampurath·June 17, 2022

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...

“Hostile Market Conditions” Force Bancor (BNT) To Suspend Impermanent Loss Protection

Rahul Nambiampurath·June 20, 2022

Bancor has suspended impermanent loss protection, citing hostile market conditions. The feature will be reactivated when markets stabilize. Bancor is the latest entity to take action as the effects of the bear market grow. The Bancor...

Crypto Exchange Uniswap Acquires NFT Aggregator Platform Genie

Juhi Mirza·June 22, 2022

Crypto Exchange Uniswap Acquires NFT Aggregator Platform Genie 18

Uniswap DEX has acquired NFT aggregator platform Genie This marks Uniswap’s second foray into NFTs, after Unisocks. Crypto exchange Uniswap is all set to expand its dominance in the NFT world by acquiring Genie, one of...

Sam Bankman-Fried’s FTX is Reportedly Planning to Acquire a Stake in BlockFi

John P. Njui·June 24, 2022

Sam Bankman-Fried's FTX is Reportedly Planning to Acquire a Stake in BlockFi 19

Summary: The FTX crypto exchange is reportedly in talks to acquire a stake in the crypto-lending platform of BlockFi. Earlier this week, FTX gave BlockFi a $250 million line of credit to bolster its balance sheet...

Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations

John P. Njui·June 24, 2022

Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations 20

Summary: The Kyber Network team has admitted that Three Arrows Capital’s potential insolvency might impact its treasury. A small portion of Kyber Network’s treasury is with Three Arrows Capital but is not significant enough to affect...

Celsius Considers Bankruptcy, Hires More Advisors

John P. Njui·June 24, 2022

Celsius Considers Bankruptcy, Hires More Advisors 21

Summary: The crypto lending company of Celsius is reportedly considering filing for bankruptcy. Celsius has therefore hired more advisors to prepare for the potential filing. The crypto lending company of Celsius is reportedly considering filing for...

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th

John P. Njui·June 24, 2022

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th 22

Summary: Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network bridge is also expected to reopen on the same day. The parent company and developer of...

Bitmex’s Hayes: Don’t Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network

John P. Njui·June 25, 2022

Bitmex's Hayes: Don't Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network 24

Summary: Arthur Hayes has cautioned the crypto community against believing Goldman Sachs will risk its own money to buy assets from the Celsius Network. Mr. Hayes explained that Goldman Sachs would simply assemble a bunch of...

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Curve 3pool Sees Increased Outflows Since hack

Matter Labs Denies Polygon’s Allegations Of Open-Source Code Plagiarism

U.S SEC Is Reportedly Ready To Consider Ethereum Futures ETF Applications

Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization

Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says

Europe Beats US To List Spot Bitcoin ETF

Coinbase CEO Brian Armstrong Is Bullish On On-Chain Games & Ads

Magnate Finance Rugs $6.4 Million From Base Users

Former OpenSea Executive Sentenced To 3 Months In NFT Insider Trading

Blur solidifies reign in NFT space with 60% trading volume market share

OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional

FuturesAI: the Jigsaw Puzzle of Your Crypto Trading

SpaceCatch Public Beta is coming on 22nd April 2024. The biggest GameFi event of this month is here

Chirpley Takes Flight to Ethereum Chain: Expanding CHRP Horizons in the Crypto Cosmos

SpaceCatch Public Beta is coming on 22nd April 2024. The biggest GameFi event of this month is here

Chirpley Takes Flight to Ethereum Chain: Expanding CHRP Horizons in the Crypto Cosmos

A Beginner’s Guide to EIP-5725: Transferable Vesting NFTs

Decentralized Finance (DeFi)

Snoop Dogg, Justin Sun Up Jack Dorsey’s Web5 by Saying they Are Working on Web6

Celsius’s Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility

Uniswap Onboards Former President of the New York Stock Exchange, Stacey Cunningham, as An Advisor

OpenSea’s Migration to the SeaPort Web3 Marketplace is Estimated to Save Users 35% in Ethereum Gas Fees

DeFi Difficult to Regulate Because of Its Anonymity: Indian Central Bank

“Hostile Market Conditions” Force Bancor (BNT) To Suspend Impermanent Loss Protection

Crypto Exchange Uniswap Acquires NFT Aggregator Platform Genie

Sam Bankman-Fried’s FTX is Reportedly Planning to Acquire a Stake in BlockFi

Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations

Celsius Considers Bankruptcy, Hires More Advisors

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th

Bitmex’s Hayes: Don’t Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network

Ethereum World News