In this week’s newsletter, read about Sony filing a patent for a nonfungible token (NFT) framework for games, and how executives believe that Grand Theft Auto (GTA) and Minecraft developers may change their minds on […]
The hacker behind DeFi protocol Euler Finance’s $200 million exploit earlier this month has publicly communicated through the blockchain to apologize for his crime. The exploiter, going by the name “Jacob,” has gradually been returning […]
Gucci announced a multi-year partnership with Yuga Labs, the company behind well-known NFT collections such as Bored Ape Yacht Club (BAYC), CryptoPunks, and Meebits. The main aim is to explore “the intersection between fashion and […]
Nonfungible token (NFT) marketplaces transacted roughly $82 million in 2020 and a staggering $17.6 billion in 2021, indicating a rising demand and high user interest in NFTs. This meteoric rise of digital asset trading ranged […]
The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data. In a transaction on March 25, the exploiter returned 51,000 Ether […]
Decentralized finance analytics firm DeFiLlama apologized for the internal conflict that brewed over the weekend. In an update shared on Twitter, the team cited “poor communication and a misunderstanding.” The drama centers around a native […]
Multi-chain non-fungible token (NFT) marketplace Magic Eden has launched a “fully audited” marketplace on the Bitcoin network as interest in Ordinal NFTs continues to grow. In a press release, Magic Eden said it released the […]
SVB collapse chilled NFT trading volumes: DappRadar The recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis […]
According to a March 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in claims in 2022. In context, only $36.9 million of such claims have been paid […]
On March 16, the $200 million hack of the Euler Finance lending protocol took an unexpected turn when the perpetrator apparently rejected the offer of $20 million by mixing 1,000 ETH (worth $1.65 million) through […]
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