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S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings
13.12.2023
In a combination of both traditional and decentralized finance (defi) sectors, S&P Global Ratings has announced the launch of its stablecoin stability assessment. The latest tool aims to evaluate the ability of stablecoins to maintain their value relative to fiat currencies. New S&P...
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
13.12.2023
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7 Million Hack, Bounty Offered for Hacker’s...
zkSync Era integrates Chainlink Price Feeds
13.12.2023
zkSync has announced integration with Chainlink Price Feeds. This enables developers to access high-quality data from numerous sources. The end use is to empower the development of the best-performing decentralized applications or dApps. An integration with Chainlink Price Feeds aligns zkSync with...
DeFi Platform Conic Finance's CNC Token Surges 50% as the Protocol Plots Comeback After Hack
12.12.2023
Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol
Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity
12.12.2023
Q Protocol, which provides blockchain governance as a service to Web3 and decentralized autonomous organizations, will use the rules laid out by the International Chamber of Commerce (ICC)'s arbitration court to resolve disputes and enforce awards
Pike Finance announces the release of its testnet
12.12.2023
Pike Finance recently announced the release of its testnet. The announcement was made on Pike Finance’s official X/Twitter channel. The testnet is already live and will stay available until January 1, 2024. Introduced as a Universal Liquidity Protocol, Pike Finance is powered by Wormhole’s...
Large Transactions and Tokenization Drive AVAX Growth Above 82% in Seven Days
12.12.2023
Source / Sam Cooling x ArtificialArtist The cryptocurrency market continues to experience rapid price surges and slight corrections in recent weeks setting the tone for more decentralized finance (DeFi) transactions as the market rebounds. Among altcoins, Avalanche (AVAX) maintains its bullish...
Missed the latest Solana (SOL) pump? Then buy this DeFi token to make 5x more profits
12.12.2023
The world of cryptocurrency is an ever-evolving landscape, characterized by its volatility and the rapid rise of new projects that promise great potential. Recently, all eyes were on Solana (SOL), as it embarked on another bullish journey, reaching a new yearly high. For those who might have missed...
Decentralized Exchange Uniswap Expands to Bitcoin Sidechain Rootstock
11.12.2023
Uniswap version 3 (v3) has been deployed on Bitcoin sidechain Rootstock by GFX Labs, the team behind trading terminal Oku
NITI Aayog’s AIM introduces the ATL Blockchain Module
11.12.2023
The Atal Innovation Mission (AIM) of NITI Aayog collaborates with 5ire and Network Capital to implement the ATL Blockchain Model. This will facilitate the restructuring of the current operational framework pertaining to organizations and individuals involved in commercial dealings and exchanges....
Segregation of Exchanges, Market Makers and Custodians Necessary for Crypto Businesses to Thrive
10.12.2023
  Crypto whales acquire AI token $LPXX amid Microsoft’s AI talent acquisition. Image by Kaleb, Adobe Stock. The cryptocurrency sector may be advancing, yet industry experts are becoming aware that exchanges, market makers and custodians must act as separate entities in order...
Meme vs Utility, jokes vs DeFi Cards, Pepe (PEPE) vs Retik Finance (RETIK), here’s why utility will outweigh memes in 2024
9.12.2023
The cryptocurrency world is a vibrant ecosystem, bustling with a diverse range of tokens. While some projects focus on pure utility, aiming to solve real-world problems, others ride the wave of meme-driven hype. 2023 saw the rise of several meme coins, captivating the market with their lighthearted...
“Magic: The Gathering” Cards Used in Possible Cashout by Uranium Finance Hacker
8.12.2023
Source: Pixabay A hacker who targeted the Uranium Finance DeFi platform in 2021 may have attempted to launder their stolen crypto gains by using “Magic: The Gathering” trading cards. Pseudonymous blockchain sleuth ZachXBT posted an X thread on Thursday which detailed a series of moves...
Jito Launches Airdrop of $225 Million in Tokens to Solana Community
8.12.2023
Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...
Starknet Foundation to Allocate 1.8B STRK Tokens 'Soon'
8.12.2023
Starknet said 900 million STRK are earmarked for the foundation’s Provisions Committee, and 900 million will be dedicated to user rebates
Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
7.12.2023
Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino
Code Is Not (Always) Law
7.12.2023
Sometimes, the law is the law, industry experts say
Ethereum Price Prediction as ETH Rises Above $2,300 – Can ETH Reach $3,500 by December 31?
7.12.2023
Source: Pexels Ether (ETH), the second most valuable cryptocurrency by market capitalization that powers the smart-contract-enabled Ethereum blockchain, was last up close to 5% on Thursday and just hit fresh highs for the year in the mid-$2,300s. Ethereum remains the dominant blockchain used...
Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet
7.12.2023
Gyroscope's GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs
Singapore-Based Crypto Investment Firm Cake Group Files for Liquidation
7.12.2023
Source: Pixabay Singapore-based Cake Group, the parent company of crypto platform Bake, is winding up its company and has filed for liquidation. According to a Tech in Asia report, the founder of the crypto investment platform U-Zyn Chua has applied to wind up the Cake Group at a Singapore High...