Nearly 60% of NFT Trading Volumes in 2022 Was Wash Trading: Report
A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this...
NFT News
US election agency approves use of NFTs as campaign fundraising incentive
The United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings may use nonfungible tokens for...
Immunefi says it has facilitated $66M in bug bounties since inception
According to a new report released on Dec. 21, blockchain security firm Immunefi has processed more than $65.9 million in...
Ankr says ex-employee caused $5M exploit, vows to improve security
A $5 million hack of Ankr protocol on Dec. 1 was caused by a former team member, according to a...
Projects would rather get hacked than pay bounties, Web3 developer claims
As hacks and exploits continue to go rampant within the crypto industry, the importance of finding vulnerabilities to prevent potential...
350 new ‘scam tokens’ were created every day this year: Solidus Labs
More than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to blockchain risk...
Amazon’s new series ‘NFTMe’ explores NFT culture and disruption worldwide
The capacity to digitally authenticate almost everything, and the possibility of monetizing in ways nobody couldn't even imagine before. These...
Donald Trump’s NFT Collection Sold Out in One Day
Despite his seemingly poor market timing, former U.S. President Donald Trump’s recently launched collection of digital “baseball cards” sold out...
Raydium is attacked, loses $2M
Solana-based decentralized finance protocol Raydium has suffered an exploit, according to a statement from the developer. An initial investigation by...
As DEXs struggle, new approaches kindle hope
In May 2022, at the tail of the crypto bull market, economist Eswar Prasad wrote an op-ed for the Financial...
MetaMask Institutional, Cobo and Gnosis DAO team up for soulbound token project
Soulbound tokens (SBTs) are becoming a mainstay in the Web3 space for users and projects to define themselves in digital...
Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely
Continuing his so-called apology tour, Sam Bankman-Fried appeared on a Twitter Space with Unusual Whales and told nearly 60,000 listeners...
Starbucks Introduces Coffee-Themed NFTs on Polygon to Beta Testers
The American multinational chain of coffeehouses – Starbucks – launched its blockchain-based loyalty program, called Starbucks Odyssey, to its first...
A year after Taproot, Bitcoin community works to unlock its DeFi potential
Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation...
NFTs could help solve diamond certification fraud
Diamonds may be a girl’s best friend, but unfortunately, the billion-dollar diamond industry is rife with scandal and fraud. There...
DeFi TVL Drops, NFT Market Performs Poorly in November: DappRadar
The FTX meltdown may have laid the groundwork for an unprecedented shift in user activity from centralized finance (CeFi) to...
Ankr deploys $15M to make users whole as Helio stablecoin recovers after exploit
Stablecoin protocol Helio, which issues the U.S. dollar-pegged HAY stablecoin, said in a Dec. 7 tweet that it has bought back $3...
CryptoCom and Coca Cola Launch NFT Collection Inspired by the FIFA World Cup Qatar 2022
Coca-Cola and Crypto.com have teamed up to launch an NFT collection inspired by the Qatar 2022 FIFA World Cup. The...
Vitalik Buterin discusses his ‘excitement’ for the future of Ethereum
In a blog post dated Dec. 5, Ethereum (ETH) co-founder Vitalik Buterin wrote that money, blockchain identities, decentralized finance (DeFi),...
DeFi ecosystem still haunted by FTX contagion: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Over $5M Stolen From Ankr Protocol, Binance Pauses Withdrawals
Another multi-million dollar hack has hit the decentralized finance space. The latest victim is BNB Chain-based DeFi protocol – Ankr....
Solana-based market maker integrates Stripe for fiat-crypto transactions
As the Solana ecosystem comes back from the aftershocks of the FTX liquidity earthquake, one of its leading automated market...
