Investment firm Tiger Global has reportedly marked down several investments, including stakes in popular nonfungible token (NFT) projects like the Bored Ape Yacht Club (BAYC) collection and NFT marketplace OpenSea. Citing anonymous sources, media outlet […]
Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a vacuum that decentralized finance (DeFi) […]
Decentralized exchange protocol KyberSwap announced that it had recovered $4.67 million in funds after a recent security attack that resulted in a staggering loss of nearly $50 million from its concentrated liquidity pools last week. […]
In 2021, it seemed as if 10 new Disneys — and the next 20 Picassos — were emerging from blockchain and various nonfungible token (NFT) collections. Exorbitant NFT values that year signaled strong belief in […]
The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10%. According to the proposal, the authorized modification would reduce ATOM’s […]
Aave V3 markets have been unpaused by the Community Guardian, signaling the resolution of the issues that prompted the temporary measures. The move follows the execution of a governance proposal voted on earlier. Additionally, Aave […]
Azuki DAO, an unofficial community decentralized autonomous organization surrounding the namesake nonfungible token collection, has announced its rebranding to “Bean” as it drops a proposed lawsuit against the NFT collection’s founder, Zagabond, over a $39 […]
Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance (DeFi) transactions. The Australian Taxation Office […]
The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46 million worth of funds stolen. 🚨Urgent🚨 Dear KyberSwap Elastic Users,We regret to inform you that […]
The synergy between NFTs and DApps creates a dynamic ecosystem where digital ownership, decentralized finance and programmable assets converge, offering innovative solutions across various industries. Intersection of NFTs and DApps Decentralized applications (DApps) and nonfungible […]
© Copyright 2024 PrimaryCryptoNews.com
