Decentralized finance (DeFi) is yet to pose a meaningful risk to overall financial stability but does require monitoring, according to the European Union’s financial markets and securities regulator. On Oct. 11, the European Securities and Markets […]
ThorChain, a decentralized liquidity protocol, reported a record-breaking transaction volume on Oct. 5, with the number surging to $355 million in a single day, marking an all-time high. This noteworthy event is part of a […]
The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik. The project’s deployer account called the ‘withdrawToken’ […]
Ripple chief technology officer David Schwartz has advocated for XRP Ledger (XRPL) validators to support an automated market maker (AMM) feature, but only if there is consensus within the community. On X (formerly Twitter), Schwartz […]
Solana Compass has recently provided insights into the latest Solana (SOL) network activity, specifically during its 512 epoch. According to the website that tracks SOL staking activity, an estimated 19.637 million SOL tokens were unstaked […]
Cutbacks at Yuga Labs Bored Ape Yacht Club creator Yuga Labs has announced a restructuring that has seen several roles “eliminated across the company.” The exact number of layoffs hasn’t been specified, however, in an […]
Crypto payment service provider Wirex announced the launch of a zero-knowledge proof (ZK-proof)-based noncustodial crypto debit card service called W-Pay on Oct. 3. Wirex’s new decentralized solution utilizes zero-knowledge technology and is built on Polygon’s Chain Development Kit […]
In a recent announcement, Yield Protocol, a prominent player in the Decentralized Finance (DeFi) space, revealed its decision to wind down its operations. This marks the end of an era for Yield Protocol, as it […]
The blockchain project launched by Neal Stephenson, who coined the term “metaverse” in his 1992 book, Snow Crash, is pushing forward with its vision despite waning interest in it and some declaring that it’s “dead.” Compared […]
Two 50 million Tether (USDT) transactions have been transferred from Bitfinex to the “Tether Treasury” address, according to transfer receipts from Whale Alert. Both transactions took place on Oct. 2, 2023, two minutes apart. The […]
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