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Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express
24.2.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The...
Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme
23.2.2023
Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly decentralized finance (defi) platform Forsage....
How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action
23.2.2023
Despite similar price action, Fantom and Optimism ecosystems are moving in opposite directions and this is reflected in each token’s price
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
23.2.2023
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for the exploit last week
Today in Crypto: Coinbase's New Blockchain Testnet, Spotify's Token-Enabled Playlists, 3AC's NFT Sale, Metaco's Partnership with DZ BANK AG
23.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Coinbase's New Blockchain Testnet, Spotify's Token-Enabled Playlists, 3AC's NFT Sale, Metaco's Partnership...
Affine Protocol Raises $5.1M From Industry Heavyweights to Develop DeFi Yield Offering
23.2.2023
The round was led by Jump Crypto and Hack VC and included contributions from Circle Ventures and Coinbase Ventures
Coinbase Launches Layer 2 Blockchain Base to Provide Onramp for Ethereum, Solana, and Others
23.2.2023
Base is built on Optimism and Coinbase has no plans to issue a new network token
XRP Ledger Proposes Cross-Chain Bridge to Increase Network and Token Utility
23.2.2023
The proposal defines how changes to an account's transaction sequence can be made on the XRP Ledger to ensure the movement of tokens between XRP Ledger and associated sidechains
Hope Finance announces theft of $1.86 million
23.2.2023
Hope Finance recently announced that it had been the victim of a $1.86 million theft. The project Tomb-fork, situated in Arbitrum, purportedly sent a tweet mentioning that the perpetrator is apparently a team member. According to trustworthy sources, it is also believed that the theft was committed...
DeFi Liquidity Protocol Synthetix Deploys Version 3 on Ethereum
23.2.2023
Synthetix holds over $500 million in locked tokens over the Ethereum and Optimism networks
COTI’s turning point: more than half a billion $COTI deposited
23.2.2023
Ever since the entity successfully launched the COTI Treasury, it has been able to witness an extremely speedy pace of growth. At the present moment in time, it boasts of having been able to accumulate more than half a billion $COTI. It has, in actuality, become the very backbone of the COTI...
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
23.2.2023
According to the Department of Justice, Forsage employed smart contracts which were coded in ways consistent with a Ponzi scheme
Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform
23.2.2023
DeFi Protocol Ankr's Token Surged 73% on Microsoft and Tencent Partnerships
22.2.2023
Liquid staking token Ankr (ANKR) continues to trade 73% higher than Tuesday's open after it announced partnerships with technology giants Microsoft and Tencent
Impossible collaborates with Arbitrum to expand the ecosystem
22.2.2023
Impossible Finance, a crypto investment platform, announced its integration with Arbitrum to make crypto opportunities accessible to every user. Impossible has always been progressive in expanding the ecosystem and offering everyone the finest projects. To achieve its vision, Impossible has...
Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%
22.2.2023
The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply
Layer 2 Network Arbitrum Surpasses Ethereum in Daily Transactions
22.2.2023
Arbitrum’s dominance among the layer 2 landscape continues to grow in quarter one of 2023, as the number of unique addresses on Arbitrum reaches an all-time high
Galaxy Digital, PayPal Lead $20M Fundraise for Chaos Labs
21.2.2023
The startup offers an automatic economic security system and simulation engine for decentralized finance projects
Deutsche Bank Completes Asset Management Test With Memento Blockchain, Putting Domani's DEXT Tokens Into Focus
21.2.2023
Called Project DAMA, the collaboration between Deutsche Bank and Memento Blockchain aims to address the challenges associated with launching and accessing digital asset funds
Renegade manages to obtain $3.4M from Dragonfly
21.2.2023
Renegade manages to successfully obtain for itself an amount of $3.4 million from Dragonfly. This was achieved with the aim and intention of creating an on-chain dark pool, an end-to-end encrypted DEX having midpoint trades for zero price effect. The funding that took place happened to have been...