Our weekly roundup of news from East Asia curates the industry’s most important developments. South Korean Web3 firm raises $140 million South Korean nonfungible tokens (NFT) developer Line Next secured a $140 million investment on […]
Decentralized finance protocol Yearn.finance is hoping arbitrage traders will return $1.4 million in funds after a multisignature scripting error, resulting in a large amount of the protocol’s treasury being drained. “A faulty multisig script caused […]
Venus Protocol, a prominent lending market on the BNB Chain, has denied allegations of a major security breach over the past weekend. These speculations initially suggested a $54 billion exploit, as blockchain security firm SlowMist […]
In a recent post on X, Wylie Aronow, the former founder of Yuga Labs, addressed ongoing rumors about a potential return to a leadership role within the company. Aronow, who took a step back from […]
As crypto markets turn bullish, nonfungible token (NFT) trading has started to join the wave, with volume nearing $1 billion in November, according to data published by the decentralized app tracking platform DappRadar. The report […]
Top Stories This Week Binance founder CZ must stay in US until sentencing, judge orders Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February, with […]
Ethereum median gas price has surged to 55.3 Gwei this month, almost doubling in a month and reaching its highest point since mid-May this year. Ethereum is trading at 2,230, up 10% over the last […]
In a year marked by a massive recovery run in the broader crypto market, the non-fungible tokens (NFTs) sector has displayed a contrasting performance. While industry leaders like OpenSea have historically dominated the NFT space, […]
November strengthened venture capitalists’ confidence in crypto and Web3 projects, with major funding rounds returning to the charts alongside seed capital for early-stage firms. Cross-chain protocol Wormhole, for instance, secured a $225-million investment at a valuation of […]
Bitcoin infrastructure developer Nostr Assets has paused deposits following record-high user activity. In a Dec. 5 announcement posted on Telegram, the Nostr Assets team warned users to “await further announcements and do not attempt to […]
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