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NFT & DEFI
Cathie Wood Does Not Understand Algorithmic Stablecoins
The recent crypto slump may have left many investors shaken in fear, as bad news like major crypto firms falling prey to liquidity crisis and exchanges drastically cutting headcounts continue occupying headlines.…
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Eminem and Snoop Dogg Included Their Personal Bored Apes in New Music Video
Two of the greatest hip hop artists – Eminem and Snoop Dogg – produced a new video that, aside from marijuana, has multiple references to NFTs and BAYC, in particular. Both have experience in the field, owning several…
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KPMG enters the metaverse, invests $30M in Web3 employee training
KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.KPMG is…
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Less than 1% of all holders have 90% of the voting power in DAOs: Report
Decentralized autonomous organizations (DAOs) have become a rage in the ever-expanding crypto ecosystem and are often seen as the future of decentralized corporate governance. DAOs are organizations without a centralized hierarchy and…
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Convex Finance Launches Two URLs After Spoofing Exploit
The Domain Name Server (DNS) of the decentralized staking platform, Convex Finance, was targeted in the latest spoofing exploit.
Angel investor Alexintosh first flagged that Convex Finance was asking for user approval to…
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Bored Ape Yacht Club Founder Criticizes Campaign That Says The BAYC Has Nazi Symbolism
On June 24, Wylie Aronow, better known online as Gordon Goner, co-founder of Yuga Labs, the startup behind the Bored Ape Yacht Club ( BAYC ) collection, took to Twitter to address the “misinformation campaign” that…
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Axie Infinity to compensate Ronin exploit victims and relaunch bridge
Sky Mavis, the creator of the play-to-earn game Axie Infinity (AXS), announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge next week.In March, hackers stole more than $620 million in the heist, which…
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Could NFA become the next big acronym in the crypto space?
Airdrops have become the bread and butter of the crypto world — for good reason.They're an indispensable marketing tool for up-and-coming projects that want to create a buzz around their ecosystems.Done right, distributing free tokens to…
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Solend Whale Moves $25M to Another Platform Despite Canceled Plans to Seize Their Wallet
Solend – a DeFi lending protocol built upon the Solana blockchain – attempted to take over a whale account that supposedly could put the protocol in trouble due to its colossal size of collateral at risk of being…
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Central Bank of Taiwan Warns Investing in NFTs Could Be Dangerous (Report)
The Central Bank of the Republic of China (Taiwan’s central banking institution) reportedly warned that the non-fungible token (NFT) sector is full of fake transactions. As such, it advised investors to beware when…
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