DFX Finance, a decentralized exchange protocol for fiat-pegged stablecoins which raised a $5 million seed round led by Polychain Capital and True Ventures last year, has reportedly experienced a pool hack. An unknown attacker reportedly stole approximately $7.5 million...
Justin Sun, the founder of the Tron cryptocurrency network, merely a few hours after the devastating crash of FTX on Wednesday, offered a "way forward" for the exchange and investors in its token, $FTT. Sun's offer came after Binance...
It has been a crazy week in the crypto space. Due to liquidity concerns, the CEO of Binance, known as "CZ," announced his intent to purchase Sam Bankman-Fried's FTX on Tuesday. On Wednesday, he made a U-turn, citing probes...
Sequoia Capital, a renowned venture capital firm, stated in a letter to its limited partners that it had reduced the value of all of its investments in FTX to zero. Sequoia cited FTX's "liquidity crunch" and "solvency risk" as...
Following the Binance liquidity crunch with FTX, cryptocurrency prices dropped, with investors pulling out of riskier assets amid rising interest rates. As a result, BTC has recently recorded a new bear market low at about $16,000 and is now...
Russia is a country that has had a couple of regulations banning the use of cryptocurrencies. Strangely, it's the 3rd largest country for mining activities because of cheap electricity. One would think the government would be in support of...
Elon Musk, the new owner of Twitter, has revealed his plans for the company. On Wednesday, November 9th, he was on Twitter spaces to discuss urgent issues arising from the new Twitter policies. Musk, last week, filed an application...
SafeMoon launched the SafeMoon Tokenomics Supervisor to address a growing issue with non-flat-fee tokens deployed on numerous decentralized exchanges. To create a more productive cryptocurrency and decentralized financial technology (DeFi) ecosystem, SafeMoon has taken this step forward. Tokens that...
Vitalik Buterin, the co-founder of Ethereum, demanded in a tweet that projects trying to use his name to gain credibility send their donations to charity rather than to him. This is why I recommend all the dog coin /...
There has been a wave of discussion regarding creator royalties in the NFT space lately. NFT creator royalties allow creators to receive a percentage of the sale price each time an NFT is sold. This creates an income stream...
