NFT & DEFI

The week started on a grim note following the large-scale theft of digital assets from Atomic Wallet users resulting in a six-figure loss across different chains. Distraught users have taken to Twitter to challenge some…
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Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial crypto…
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Atomic Wallet has reportedly been exploited, with users reporting complete losses of their crypto portfolios. Atomic is a noncustodial decentralized wallet, meaning users are responsible for assets stored in the application.“We have…
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In recent weeks, the Ethereum community has been grappling with an issue causing concern for many users – the rapidly increasing gas consumption on the network. Gas fees are charged for processing transactions on the…
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In a major step towards mainstream gamer adoption for crypto, Nike’s nonfungible token (NFT) platform .Swoosh will soon be integrated with EA Sports games, potentially allowing Nike's virtual footwear and apparel to appear in games.In a…
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Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol’s leadership may have been arrested in China amid ongoing technical issues. “The team has done…
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Tenet is a layer-1 network that’s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs). According to a press release shared with CryptoPotato, Tenet has forged a partnership…
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Leading cryptocurrency exchange Binance announced plans to add support for Bitcoin Ordinals in its NFT marketplace in the coming weeks. According to a statement sent to CryptoPotato, Binance NFT will integrate Bitcoin…
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The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable users to borrow cryptocurrency, using their non-fungible tokens as collateral. Binance continues its…
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The cybersecurity unit of the Hong Kong Police Force has launched CyberDefender, a new metaverse platform designed to educate the public about the potential dangers associated with Web3 and the metaverse.According to a May 27 statement,…
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