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NFT & DEFI
Solana’s Largest DeFi Protocol Restricts Access to UK Users
Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, has recently initiated a process to block access for users based in the UK.
This decision follows a similar action by Orca…
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Layer 2 and DeFi Shine in 2023 as NFTs Lose Their Luster: Nansen
In 2023, the Ethereum blockchain witnessed intriguing transformations in the way users and entities engage. According to Nansen’s recent report, there has been a remarkable surge, with more than 300,000 daily active…
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Solana Labs launches Web3 incubator offering dev and fundraising support
Solana Labs unveiled an all-new incubator program for project development on the Solana blockchain on Oct. 26. Title simply “Solana Incubator,” the program will offer fundraising, development, networking, and marketing support for web…
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Polygon launches POL token contract on Ethereum to eventually replace MATIC
Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC. However, the team said users presently…
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Regulatory Uncertainty Impedes DeFi’s Growth in North America: Chainalysis
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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Q3 2023 Was the Worst Quarter for NFT Sales in 3 Years: Report
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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Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined
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 burns $650B HayCoin against speculation
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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DeFi Protocol Platypus Finance Loses Over $2M in Another Flash Loan Attack: Report
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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What did Satoshi Nakamoto think about ZK-proofs? – Cointelegraph Magazine
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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