NFT & DEFI

In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges…
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MENA (Middle East and North Africa) region has been increasingly adopting cryptocurrency for various reasons. In countries with unstable currencies or high inflation rates, cryptocurrency serves as a means to protect…
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The recent eye-catching post calling the demise of non-fungible tokens (NFTs) has stirred strong reactions in many. The NFT sector, in general, witnessed a significant slump owing to the broader market downturn. However,…
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Murakami to wind back from NFTsAcclaimed Japanese contemporary artist Takashi Murakami says he may not release any more nonfungible tokens (NFTs) moving forward after first jumping into the market in late 2021. Murakami is a…
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The total value locked (TVL) on Coinbase’s layer-2 network Base has surged to $397.32 million since launching in August. That figure now places Base ahead of the Solana network, which has a TVL of $358.96 million at the time of writing.…
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Decentralized finance (DeFi) protocol Linear Finance has fallen victim to an attack that resulted in the complete depletion of liquidity in its Linear USD (LUSD) token. Following the incident, Linear Finance’s team…
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Following an appearance by former President Donald Trump on Tucker Carlson’s X-based interview show, the value of Trump’s baseball card-style NFT collection saw a notable surge. According to reports, the 45,000-card…
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Marieke Flament, CEO of Near Foundation — the developer of the namesake layer-1 protocol — has resigned.According to the Sept. 21 announcement, Chris Donovan, Near Foundation’s general counsel, will replace Flament as the new CEO…
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Blockchain Capital has announced the successful closure of two new funds, raising a total of $580 million. The latest funding round comprises the firm’s sixth early-stage and first opportunity funds, achieving the…
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The popular memecoin Shiba Inu and its advancements are among the most intriguing topics for cryptocurrency enthusiasts and investors. However, these people should keep in mind that the space is full of fraudsters who…
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