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NFT & DEFI
dYdX Could be Among Largest Beneficiaries From FTX Collapse: Report
The unforgivable mishandling of customer funds has left millions of users with trapped funds, crippled years of constructive industry reputation, and triggered new credit contagion risks.
Amidst this chaos, the native…
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Cristiano Ronaldo to Launch First NFT Collection on Binance
Football icon Cristiano Ronaldo will soon launch his CR7 NFT collection on Binance NFT.
The athlete partnered with the crypto exchange in June to introduce non-fungible tokens and Web3 to his multi-million fan base.
One…
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Yuga Labs acquires Beeple’s 10KTF game, hints at metaverse integration
Yuga Labs, creators of Bored Ape Yacht Club (BAYC), have acquired 10KTF; the NFT game founded by digital artist Michael Winkelmann, also known as Beeple.10KTF is a browser-based NFT game that allows players to outfit heroes with crafted…
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FTX collapse followed by an uptick in stablecoin inflows and DEX activity
On-chain data from Glassnode show Bitcoin’s (BTC) movements hit a new record for the largest net decline in aggregate BTC balances on exchanges, reducing by 72,900 BTC in one week. A similar movement occurred in April 2020, November 2020…
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Worldwide Webb founder explains the role interoperability will play in Web3
On Nov. 11, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, to discuss the integration of interoperability in Web3 and…
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FTX goes up in flames and impacts the broader crypto industry, causing regulators to respond:…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more…
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NFT, GameFi Sectors Show Optimistic Trends: DappRadar
Despite starting on a promising note, the global macroeconomic environment influenced and adversely impacted the crypto market, which sustained several damaging corrections. The same could be said for the NFT market.…
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New tool mirrors Optimism NFTs to Ethereum mainnet for use in verified apps
Optimism developers jvmi and Kelvin Fichter released a new app called Magic Mirror on Nov. 9 that allows NFT holders to copy or “mirror” their Optimism NFTs to the Ethereum mainnet. NFT holders can now use their Optimism NFTs in a…
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Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
Orthogonal Credit, an arm of the digital asset hedge fund Orthogonal Trading, disclosed on Nov. 9 that it pushed to close Alameda Research’s dedicated borrower pool on Maple Finance in the second quarter of 2022 after identifying “key…
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Hacktober Finished With $657 Million Losses From Crypto Exploits
Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year.
While October was expected to be “Uptober,” it quickly turned to “Hacktober” as cyber criminals ransacked top…
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