NFT & DEFI

Recent data has revealed that throughout April, the nonfungible token (NFT) market has consistently seen more sellers than buyers, without a single exception.According to data from the analytics platform NFTGo, there were only 7,907…
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Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on…
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Multi-chain lending protocol Hundred Finance has suffered a security breach on the Optimism layer-2 scaling network, which resulted in the theft of approximately $7 million worth of assets. Hundred Finance confirmed the…
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Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled to court active traders from Blur. The latter was eating away at OpenSea’s market share since its…
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Bored Ape Yacht Club (BAYC) creator Yuga Labs has scored a key victory in its long-running court battle with Ryder Ripps, the co-creator of copycat nonfungible token (NFT) project RR/BAYC.Yuga Labs initially filed a complaint against…
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Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions.French bank Societe Generale-Forge (SGF) released the Ethereum-based stablecoin called EUR CoinVertible…
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Securities and Exchange Commission (SEC) Chair Gary Gensler’s crusade against the crypto-asset industry has prompted political pushback. United States Representative Warren Davidson is the latest to retaliate. The Ohio…
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The NFT sector appears to be clawing back as the sentiment around the broader crypto market recovers. The emergence of new players and changing dynamics have resulted in a rapid evolution of the non-fungible token space.…
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The co-founder of the nonfungible token (NFT) project Rebase is facing a lawsuit from his apparent business partner accusing him of going “rogue” by stealing $2 million from a joint crypto wallet and ousting an apparent co-founder out of…
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Kyber Network, the developer of the Kyberswap Elastic decentralized crypto exchange, announced on April 17 that there is a potential vulnerability in the exchange’s contracts. It has advised all liquidity providers to remove their funds…
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