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NFT & DEFI
What is ENS? Ethereum Name Service Explained (Updated 2022)
Back in the days, when the Internet wasn’t so mainstream, one of the main problems that users faced was that domain names hadn’t been matched up to internet protocol (IP) addresses.
This made them very unfriendly towards…
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Over $100 Million Worth of NFTs Stolen Over the Past Year: Report
The extensive report published recently by crypto auditing firm Elliptic shows the methods used by cybercriminals to misappropriate and profit from the immense hype generated by NFTs, extolled for the benefit of wary…
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Eminem and Snoop Dogg to perform Bored Apes track at MTV music awards
Nonfungible token- (NFT)-friendly rap icons Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on Sunday in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs.The…
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Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs of struggle as it falls below its United…
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Is DeFi a Better Choice for Crypto Investors Than CeFi? A Deep Dive
There’s no denying the fact that the crypto market has been faced with a major bearish onslaught over the last couple of months. This is made evident by the fact that since the start of May, the industry has witnessed the collapse of…
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Crypto Security and Auditing Firms are Thriving During the Bear Market
Crypto security companies are raking in a fortune despite the bear market that has bloodied firms across the rest of the industry.
Zeth Couceiro – founder of crypto recruitment company Plexus Resource Solutions –…
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NFT Platform SudoRare Rug Pulled for $850K Hours After Launching
SudoRare – a decentralized non-fungible token (NFT) marketplace – is reportedly the latest crypto project that had rug-pulled its customers.
The project, established earlier today, shut down its operations six hours…
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NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize the ecosystem. The same day, it was revealed that the project had just as…
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Can Web3 be hacked? Is the decentralized internet safer?
Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the real capabilities of Web3 and its role in our…
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Gym Network to Launch Version 2.0, Providing DeFi Enthusiasts With Innovative Solutions
Gym Network announced today that it is poised to release version 2 of its platform, which will bring new functionalities, including Single Pool and BUSD Stable Coin Vault. The updates will offer people active in the DeFi space exclusive…
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