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NFT & DEFI
UK Treasury seeks input on taxing DeFi staking and lending
The tax treatment of lending and borrowing on decentralized finance (DeFi) protocols could soon be changed in the United Kingdom, as the taxation arm of the Treasury is seeking input on a possible new regime.An April 27 consultation by…
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CertiK and zk-Sync DEX Merlin Explore $2M Reimbursement Plan for Rugpull Victims
Blockchain security firm CertiK and zk-Sync decentralized exchange (DEX) Merlin are working towards a plan to reimburse users affected by a recent exploit that drained almost $2 million from the latter.
Merlin revealed…
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Animoca Brand’s Subsidiary TinyTap Closes $8.5 Million Funding Round
TinyTap – a technological startup that empowers users to create different educational game-based activities – secured an $8.5 million fundraiser.
The company, which is a subsidiary of the blockchain gaming platform…
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Gabriel Haines, Hall of Flame – Cointelegraph Magazine
Name: Gabriel Haines Anonymous: No Twitter followers: 45,300Known for: satirical ranting, shiting posting, and comedic content
Who is Gabriel Haines anyway?
Gabriel Haines is a content creator, podcaster and Crypto…
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Blockchain and crypto leaders converged at DAO Tokyo as Japan increases adoption
Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on…
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Hong Kong Confirms Crypto Commitment at Web3 Conference: Report
Government officials have confirmed the city’s crypto commitments at the Hong Kong Web3 Festival this week as it aims to become a fully regulated crypto hub attracting investment and Web3 startups.
On April 12, Financial…
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OpenSea Pro Retaliates Blur’s Dominance in NFT Market: Data
Blur appears to have lost its title as the world’s most popular NFT marketplace.
OpenSea Pro was rebranded and unveiled to court active traders from Blur. The latter was eating away at OpenSea’s market share since its…
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DeFi Protocol Hundred Finance Loses $7M in Latest Exploit
Multi-chain lending protocol Hundred Finance has suffered a security breach on the Optimism layer-2 scaling network, which resulted in the theft of approximately $7 million worth of assets.
Hundred Finance confirmed the…
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Gucci Forges Multi-Year Partnership With BAYC Creator YUGA Labs
Gucci announced a multi-year partnership with Yuga Labs, the company behind well-known NFT collections such as Bored Ape Yacht Club (BAYC), CryptoPunks, and Meebits. The main aim is to explore “the intersection between…
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Here’s how Ethereum’s ZK-rollups can become interoperable – Cointelegraph Magazine
The past few weeks have seen a wave of zero-knowledge proof project launches, including Polygon’s zkEVM and Matter Lab’s zkSync Era on mainnet, and the Linea zkEVM from ConsenSys on testnet.
They join StarkWare’s…
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