NFT & DEFI

In late 2020, PoolTogether was sued by Joseph Kent, a software engineer who, at the time, was working as the tech lead for Senator Elizabeth Warren’s presidential campaign. The lawsuit was filed taking advantage of a New…
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Binance doubled down its efforts on the non-fungible token sector as it announced support for Bitcoin NFTs on Tuesday amidst severe turmoil in the crypto industry. The exchange’s NFT marketplace is the latest contender…
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According to a recent report published by nonfungible token (NFT) money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521…
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At least $35 million worth of crypto assets has been stolen from Atomic Wallet users since June 2, according to an analysis from on-chain sleuth ZachXBT. The five largest losses account for $17 million.According to Atomic Wallet on…
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A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams and rug pulls was higher than the amount stolen from decentralized finance (DeFi) projects through…
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Developers have recently published an Ethereum Improvement Proposal (EIP) introducing a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have a smart contract account, allowing them to store other NFTs or crypto…
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.May was a month filled with exit scams in the DeFi…
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On May 1, the company announced an addition to Sotheby’s Metaverse in the form of a “dynamic destination to collect, buy, and sell remarkable digital works.” The blockchain-based NFT marketplace will be primarily for…
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Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol’s leadership may have been arrested in China amid ongoing technical issues. “The team has done…
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Tenet is a layer-1 network that’s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs). According to a press release shared with CryptoPotato, Tenet has forged a partnership…
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