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Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout


Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...

BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack


Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million...

Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game


Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power...

New Funding Paradigm: Japanese Grassroots Football Clubs Launch Fan Tokens


An increasing number of Japanese amateur and semi-professional football teams are seeking to launch so-called “fan tokens” – prompting some to ask if a new model is developing for fundraising in grassroots sport in the country. Per Keizai, Coedo Kawagoe FC, a Kawagoe, Saitama Prefecture-based...

Ukraine’s Leading Soccer Team Dynamo Kyiv to Sell NFT Tickets


FC Dynamo Kyiv, the top team in the Ukrainian Premier League, is launching NFT tickets for the 2021 season. The legendary football club, which has the biggest fan following in Ukraine, is also going to offer supporters unique collectible items through a partnership with a blockchain company. Dynamo...

Red Bull Racing Honda Names Tezos as Its Official Blockchain Partner


The freshly unveiled collaboration between the organizations aims to deliver a unique fan engagement experience for Red Bull Racing Honda in the form of unique digital collectibles that leverage Tezos’ scalable, efficient, and self-upgrading network. Formula One Team Inks Multi-Year Technical...

Hollywood Sign, Amy Winehouse Photo to Be Auctioned as NFTs


Non-fungible tokens can be sold to raise funds and two independent initiatives are now going to use proceeds from NFT auctions to finance charity projects. The tokens will represent one of the best known American landmarks, the Hollywood Sign, and a New York photograph of the late singer...

Polygon to Democratize NFT Interactions by Improving Approachability


To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More...

Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens


After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. Then a...

Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX


Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. With health and financial crises looming in the country, Jair...

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