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Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns

25.2.2023
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that...

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

25.2.2023
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that...

Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco

25.2.2023
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank...

Coordinated global crypto policies: G20 key financial stability priority

25.2.2023
India's finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms

Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack

25.2.2023
The High Court of England and Wales ordered the crypto platform to reclaim the stolen funds

Yield platform Stablegains sued for promoting UST: Finance Redefined

24.2.2023
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million

ReFi for the People: How Crypto Can Help Local Communities Help Their Ecosystems

24.2.2023

Platypus Finance divulges its plans for recouping

24.2.2023
Following the $9.1 million hack, Platypus Finance has sought advice from security professionals to address two of its primary concerns. The first is the ability to retrieve as much of the money as possible, and the second is revealing the hacker’s identity. In a first start, Platypus Finance...

Kamino Finance x Raydium: Launch of new well-managed vaults

24.2.2023
What can only be called one of the best developments, it has been learned that Kamino Finance and Raydium have extended their hands for a partnership to better provide trading experience on Solana DEX. The announcement was made by Kamino through an official Twitter handle and a blog post. Per...

YFI Sets Six-Month High as Yearn Finance Teases Ether Liquid Staking Product

24.2.2023
The product is designed to offer users exposure to a basket of liquid staking derivatives in one token

US Drug Enforcement Agency Seized $1.8M From Binance in 2022

24.2.2023
Binance and the Drug Enforcement Agency disrupted a pipeline that moved cash generated from selling narcotics in Michigan to Mexico via stablecoins

Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners

24.2.2023
The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions

Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base

24.2.2023
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time....

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....