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NFT & DEFI
Ripple and Armin van Buuren’s Armada Music to Launch an Album in the Metaverse
The blockchain company Ripple joined forces with the music integration platform Styngr and the record label Armada Music to release an exclusive album in Maladroids (a video game built on the XRP Ledger).
It is worth…
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Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club
On Sept 26, internet hacktivist group Anonymous released a video addressing blockchain technology company Yuga Labs and its NFT-driven social club, Bored Ape Yacht Club (BAYC).The group's statement included a laundry list of allegations…
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DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked (TVL). The non-custodial protocol was created by…
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Crypto Market Maker Wintermute Hackers Drain $160M, Profanity Bug Suspected
UK-based crypto market maker Wintermute suffered a loss of approximately $160 million.
In a series of tweets, the company’s founder and chief executive, Evgeny Gaevoy, revealed that the decentralized finance operations…
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Japanese Mayors Awarded With NFTs for Excelling at Usage of Digital Technology
The Japanese government is handing out non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in utilizing digital technology to solve local issues as well as fostering the digital…
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Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Chainalysis chief scientist shared his views on the Tornado…
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Arbitrum Rewards Hacker With 400 ETH For Detecting a Critical $400M Vulnerability
On September 19, Arbitrum, one of the most popular Layer 2 solutions for Ethereum, paid 400 ETH (about $560,000) to a white hat hacker who found a potential vulnerability in its code.
The white hat hacker, known on…
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Someone Paid $60K (36 ETH) in Fees to Mint the First NFT on Ethereum After The Merge
The Ethereum network went through its largest upgrade in history, transitioning to a Proof-of-Stake consensus algorithm.
Immediately after that, users are finding clever ways to commemorate the event and to become part…
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OpenSea to allow creators to host NFT drops directly through its homepage
OpenSea, the digital marketplace for crypto collectibles and non-fungible tokens (NFTs), has launched a new initiative to make it easier for creators to create and distribute NFTs on its marketplace. As part of this new immersive…
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Panda DAO says it will dissolve and return investor’s assets due to internal strife
On Monday, decentralized autonomous organization Panda DAO put forth a new proposal to dissolve itself and return assets back to investors. According to the seven-point referendum, between 500 million and 700 million PANDA tokens out of…
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