NFT & DEFI

A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service (ENS) tag…
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HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO Chain bridge on Nov. 22. According to a report from blockchain security firm Cyvers, the losses stem from three…
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Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that he created has rebranded as Avara. Rebranding to Reflect New Priorities According to Kulechov, the…
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2024’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being entirely free-to-play to attract players, says Yield Guild Games co-founder Gabby Dizon. Speaking to Cointelegraph, Dizon said unlike games…
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Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses.According to an announcement on X (formerly Twitter), the…
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The native token of the Yearn Finance ecosystem has plummeted by 40% overnight, which led to certain speculations within the community of a potential exit scam. Yearn Finance is among the most popular and prominent DeFi…
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Digital game vendor G2A has recently launched a marketplace for nonfungible tokens (NFTs) linked to Web3 games to expand its offerings by adding gaming NFTs to its wider collection of gaming software. According to a press release sent to…
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The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry. This decision comes in the wake of charges filed against Opyn by the Commodity Futures…
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TL;DR Shiba Inu’s New Release: The Shiba Inu team announced the second edition of The Shib Magazine and a 3,000 NFT giveaway, hinting at a collaboration with a notable athlete. Celebrity Speculation: Users speculate the…
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Disney has created a nonfungible token (NFT) platform together with blockchain and metaverse firm Dapper Labs.According to the Nov. 14 announcement, Disney will tokenize its iconic cartoon characters from the past century onto its NFT…
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