NFT & DEFI

North America emerged as the dominant cryptocurrency market, boasting an estimated on-chain value of $1.2 trillion between July 2022 and June 2023. According to Chainalysis’ latest report, the figure accounts for 24.4%…
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Non-fungible token (NFT) sales in Q3 2023 were the worst the market has seen in roughly three years. According to a Binance Research report, the NFT sector recorded $299 million in sales in Q3, attributed to a slump in…
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by…
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Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price…
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Decentralized finance (DeFi) protocol Platypus Finance has suffered yet another flash loan exploit that resulted in the loss of over $2 million. Blockchain security firm PeckShield was the first to alert the community…
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From privacy coins to shiny iris-scanning orbs, zero-knowledge proofs have become synonymous with crypto, scalability and privacy. In 2022, investors gave over $700 million in funding to companies pushing the envelope…
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The crypto industry’s fundraising efforts have taken quite a hit owing to the incessant crypto winter. Q3 was no exception. The latest data suggest that new record lows were set for both the total funding amount and the…
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In the rapidly evolving world of blockchain and cryptocurrency, understanding the on-chain metrics can be challenging. Navigating this maze, Alex Svanevik, CEO of Nansen, offers a beacon of clarity. His platform,…
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A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland…
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Decentralized exchange (DEX) THORSwap has resumed operations after briefly going into maintenance mode due to detecting illicit funds on its platform.THORSwap took to X (formerly Twitter) on Oct. 12 to announce that the platform is back…
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