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NFT & DEFI
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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Notorious Lazarus Group Attempted Cyber-Attack, Alleges deBridge Co-Founder
The “Lazarus Group,” a notorious North Korea-backed hacking syndicate, has been identified as the culprit of an attempted cyber-attack on deBridge Finance. The co-founder of the cross-chain protocol and project lead,…
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Anthony Hopkins is Launching an NFT Collection To Celebrate His Career
On August 17, Orange Comet, an art+entertainment company focusing on NFT minting and promotion services, announced its partnership with the renowned Hollywood actor, Sir Anthony Hopkins, to launch his first NFT…
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Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16
In this week’s newsletter, read about how Justin Bieber, along with other celebrities, was called out to disclose their connections to nonfungible token (NFT) firms. Check out the market performance of blue chip NFTs and how NFT games…
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Function over fun? Analyst says P2E games don’t need to be ‘fun’ to retain users
Play-to-earn (P2E) blockchain-based games gathered investors’ attention in late 2021, with Axie Infinity leading the pack with over 2 million active users. In P2E games, players are awarded tokens or nonfungible token assets (NFTs) as…
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Circle CEO Talks Tornado Cash Sanctions and the Fight for Privacy
Major crypto firms Circle and Coinbase have been forced to comply with the US Treasury Department’s sanctions against Tornado Cash under Bank Secrecy Act (BSA) requirements, said Circle CEO Jeremy Allaire on Tuesday.
The…
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