Terra’s ecosystem had roughly 15% of the DeFi market share before its collapse last month. According to DeFiLlama data, this makes it the second-largest hub for all decentralized finance. But after a $40 billion network […]
DApp discovery and analysis platform DappRadar released a detailed report analyzing the state of the crypto market in May. It mainly covered three areas: DeFi, NFT activities, and crypto games, stating that the Terra debacle […]
Global payment technology company Mastercard is now enabling the purchase of non-fungible tokens (NFTs) using fiat. For the new project, Mastercard has partnered with Immutable X, a layer-2 network for Ethereum. The company will also […]
Major toy brand Mattel has signed a multi-year partnership with forthcoming toy-focused non-fungible token (NFT) marketplace Cryptoys to exclusively feature its brands on the platform. Cryptoys is expected to launch in late summer 2022 on […]
The honeymoon period for the Optimism layer-2 scaling solution has been cut short, as an exploit in its market maker’s smart contract led to the loss of 20 million OP tokens. The exploit took place […]
Mr. Jason Choi, a member of Forbes’ 30 Under 30 list, co-founded Spartan Group. The Spartan Group is APAC region’s most successful Web3 VC fund. Mr. Jason has expressed his thoughts on the current crypto […]
ConsenSys is an Ethereum blockchain innovator and the company behind the leading MetaMask wallet. The Brooklyn, New York-based Web3 company has raised over half a billion dollars in late series seed capital in the last […]
A recent study conducted by The Economist estimated that 37% of the participants want their governments to declare bitcoin or other cryptocurrencies as legal tender for internal transactions. Central bank digital currencies (CBDCs) are also […]
Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide — witnessed yet another orchestrated phishing attack with investors losing over 145 […]
The past week in the decentralized finance (DeFi) ecosystem saw many new developments, including the rebirth of the Terra 2.0 blockchain. Meanwhile, Binance’s incubation platform Binance Labs launched a $500 million fund to support and […]
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