NFT & DEFI

A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability.Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, highlighting…
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The investigative work of independent blockchain sleuth ZachXBT has been cited in a class-action lawsuit in Canada against Boneheads, an alleged $3.1 million nonfungible token (NFT) rug pull.Tweeting on July 7, ZachXBT highlighted that…
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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.Amid the growing number of hacks in the DeFi…
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Sega exec yawns at P2E gamesThe executive has called play-to-earn (P2E) games “boring” amid the firm’s retreat from franchising some of its hottest properties to the blockchain gaming space.On July 6, Bloomberg reported that Shuji…
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On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Crypto.In a wide-ranging…
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‘Blue chip’ floor prices near two-year lowsThe largest nonfungible token (NFT) collections by market capitalization are in a sea of red as the cheapest NFTs in their collections took dives over the past week, with some hitting near…
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Founder and CEO of crypto exchange Gemini, Cameron Winklevoss, is again threatening to sue Digital Currency Group (DCG) and its CEO Barry Silbert over delays in resolving the issue of funds owed to Gemini by bankrupt lender Genesis,…
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A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea. On July 3, PeckShield highlighted several data…
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Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion.…
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Investors in Logan Paul’s troubled nonfungible token (NFT) gaming project CryptoZoo are reportedly still waiting for any specific details on the 1000 Ether (ETH) refund ($1.93 million at current prices) promised in January.In a YouTube…
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