The bug the Onyx Protocol hacker exploited to steal $2.1 million was previously used by a hacker to extort $7 million from Hundred Finance.
Mixin Network offers $20M bug bounty to hackers in $200M hack
Mixin Network suffered a breach in its third-party cloud server database resulting in the theft of nearly $200 million worth of digital assets.
DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury, which funds contributor grants, community initiatives and liquidity mining, among other programs.
Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.
‘Pro crypto bill’ passes out of US House Agriculture Committee
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties.
Bitcoin ordinals hit Binance NFT Marketplace in latest update
The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets.
Innovate some compliance mechanisms, US Treasury official tells DeFi community
Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and DeFi should program in some compliance.
Web3 economy to gain more traction in Africa through DeFi-based financial inclusion
DeFi-based financial inclusion serves to increase liquidity and earning opportunities for African micro-entrepreneurs through Fonbnk’s partnership with Tanda.
NFT marketplace LooksRare launches v2, reducing fees from 2% to 0.5%
The previous version of the nonfungible token marketplace will be sunsetted by April 13, 2023.
European DeFi startups saw a 120% increase in VC funding in 2022: Finance Redefined
The top 100 DeFi tokens had a mixed week, with little changes and a majority of the tokens trading in green.
DeFi problems and opportunities in 2023: Market Talks
Join us as we discuss decentralized finance, how it performed in 2022, and what its potential is in 2023.
1inch launches Fusion upgrade to improve swap security and profitability
As a decentralized trading and matching system, the 1inch Swap Engine connects DeFi users and provides liquidity for crypto trades through professional market makers.
OpenSea blocks Cuban artists from the platform due to U.S sanctions
OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platform.
New OECD report takes lessons from crypto winter, faults ‘financial engineering’
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment.
Bank of England Deputy Governor Cunliffe on DLT securities settlement: Not so fast!
In a lengthy appraisal of distributed ledger technology, Cunliffe weighed its technical implications, which will be examined in greater detail when the FMI Sandbox premiers in 2023.
Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver
Impermanent loss relates to a condition wherein investors end up losing assets they had previously dedicated to providing liquidity to a liquidity pool.
Resistance is futile! 3 reasons why Bitcoin mining will never go away
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done.
Mastercard to allow 2.9B cardholders to make direct NFT purchases
Card payments for NFTs were first announced in association with Coinbase’s latest NFT marketplace in January.
TrueFi launches on Optimism, expanding access to on-chain credit
Several projects have launched on Optimism this year with the goal of giving users instant transactions and lower gas fees.
Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors.