Quick take: Flamingo Finance (FLM) is a DeFi project being built on Neo (NEO) It will be launched on September 23rd Flamingo Finance will be an interoperable full-stack DeFi protocol PeckShield is currently carrying out a...
Summary: The US State of New York, through its legislators, has introduced bills aimed at criminalizing crypto fraud and rug pulls The first one, bill S8839, is in the New York Senate and establishes certain offenses...
A recent court filing made by FTX's bankruptcy estate revealed that current CEO John Ray III spent several hours last month working on a revival plot for the bankrupt crypto exchange. The news led to a 16% surge in FTT's price.
Summary: Charlie Lee has compared the current NFT boom to ICOs in 2017 and altcoins in 2013 He cites that NFTs are easy to create, simple and are bringing in new people into crypto Charlie Lee...
The Lazarus Group has moved funds associated with last year's $100 million Harmony bridge hack, A few of the linked wallets have been frozen by Binance and Huobi.
OKCoin becomes the first US-regulated exchange to integrate Polygon (MATIC) The integration will drastically reduce Ethereum fees for DeFi users Users can now directly withdraw their finds from OKCoin into Polygon (MATIC) The transaction between OKCoin...
Quick take: OKEx has halted all crypto withdrawals One of the exchange’s private key holders is currently with authorities regarding an investigation Crypto outflows from OKEx are at zero The current incident is a reminder to...
Quick summary: Both OKEx and Bitrue have announced that they will become hybrid exchanges This means they will be offering their regular centralized finance services as well as DeFi DeFi is definitely the future of the...
The CFTC has won a lawsuit filed against OokiDAO, setting a critical precedent for lawsuits involving decentralized autonomous organizations. OokiDAO has been ordered to pay a penalty of $643,000 and shut down its operations in the U.S.
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...
Quick take: Over $250 million in Binance Coin has been staked to farm Bella Protocol (BEL) tokens Binance launched its newest launchpool feature to offer a secure way of yield farming The aim of launchpool is...
Quick summary: Over 15% of the Ethereum supply is locked in smart contracts This comes at a time when the total value locked in DeFi is about to hit a new milestone of $10 Billion In...