Another multi-million dollar hack has hit the decentralized finance space. The latest victim is BNB Chain-based DeFi protocol – Ankr. Initial reports suggest that a vulnerability in its code that enabled unlimited minting of tokens […]
The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles a part of leading marketplaces, such as OpenSea, LooksRare, Sudoswap, and more. The initiative comes a few months after Uniswap acquired […]
In this week’s newsletter, read about how two Bored Ape nonfungible tokens (NFTs) sold for almost $1 million during the bear market and how the word “metaverse” made it into the top three finalists for […]
Solana-based decentralized exchange (DEX) Project Serum has notified its community that the collapse of its backers — Alameda and FTX — has rendered it “defunct”. The team behind the project shared that “there is hope” […]
Web 3 companies are feeling the crunch of a bear market. The latest one to announce slashing its team size to cope with the deteriorating economic conditions is NFT powerhouse Dapper Labs. Citing the macroeconomic […]
Anxious to mint a piece of crypto history as a digital collectible? The time has almost come. After amassing a waitlist of more than 400,000 participants, spurring a delayed but fairer launch, Cointelegraph’s Historical nonfungible […]
The rising popularity of decentralized autonomous organizations (DAO) reflects the growing tendency toward the creation of community-focused projects within the Web3 ecosystem. At its core, a DAO is an organizational structure that allows decentralized decision-making […]
The Optimism bridge supporting privacy coin BitBTC is actively being exploited for 200 billion BitBTC tokens. Due to the technicals of the hack, the BitBTC team now has less than 7 days to implement an […]
Despite the negative news surrounding the crypto ecosystem, NFTs continue attracting large entertainment companies’ attention. This November 21, Mattel, one of the world’s largest toy companies, announced the launch of its own NFT marketplace, “Mattel […]
In this week’s newsletter, read about how a nonfungible token (NFT) protocol was affected by the FTX collapse leading to layoffs. Despite the effects of the FTX collapse, industry players within the NFT space are […]
Copyright © 2021
