MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has passed a new proposed “constitution” intended to formalize governance processes and help prevent hostile actors from taking over the protocol, according to the […]
The hacker behind the largest DeFi exploit of 2023 continues to demonstrate controversial behavior, as this time, they returned the majority of the funds stolen from Euler Finance. In two separate transactions, the perpetrator sent […]
Multi-chain non-fungible token (NFT) marketplace Magic Eden has launched a “fully audited” marketplace on the Bitcoin network as interest in Ordinal NFTs continues to grow. In a press release, Magic Eden said it released the […]
Bitcoin NFT inscription activity has remained strong with consistency in the daily number of NFTs inscribed on Bitcoin. At the same time, the infrastructure to foster Bitcoin trading is finally coming together with the development […]
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese crypto billionaire sued by SEC On Mar. 22, the U.S. Securities and Exchange Commission, or SEC, announced charges against Chinese blockchain […]
Decentralized finance analytics firm DeFiLlama apologized for the internal conflict that brewed over the weekend. In an update shared on Twitter, the team cited “poor communication and a misunderstanding.” The drama centers around a native […]
Silicon Valley Bank (SVB) was the backbone of many startups and venture capital funds around the world. Its collapse signifies the biggest banking failure since the 2008 financial crisis. While the crypto market has largely […]
Beginning March 20, folks across the crypto industry will be able to mint nonfungible tokens (NFTs) out of Cointelegraph’s 2023 Top 100. Cointelegraph unveiled its 2023 Top 100 list of the most impactful heroes and […]
A dispute has taken place within the decentralized finance analytics dashboard DefiLlama, leading the platform to be forked by one of its employees over the weekend. The dispute centers on the company’s plans to launch […]
On March 16, the $200 million hack of the Euler Finance lending protocol took an unexpected turn when the perpetrator apparently rejected the offer of $20 million by mixing 1,000 ETH (worth $1.65 million) through […]
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