Last month, the decentralized finance (DeFi) market took a hit, with several metrics indicating a slump. Analysis from the investment management company, VanEck, showed that the exchange volume for August fell to $52.8...

In the rapidly evolving world of digital collectibles, Magic Eden, a renowned NFT marketplace, has thrown its support behind Solanas compressed NFTs, commonly known as cNFTs. This comes as a strategic move to introduce a...

A cyberattack saw a sum approaching $900,000 in cryptocurrency vanish from a wallet linked to Mark Cuban, the billionaire Dallas Mavericks owner. Wazz, a noted blockchain detective, was among the first to identify the...

Coinbases second-layer blockchain, Base, achieved an unprecedented daily transaction count, outpacing its previous best from its launch month, as per BaseScans analytics. Recently, on September 14, Base clocked in 1.88...

Coinbases top executive, Brian Armstrong, recently championed the cause of decentralized finance (DeFi) protocols, highlighting the legal challenges they face. In his communication via social media platform X, formerly...

Sui Network, a prominent layer-one blockchain, is advancing its efforts to make Web3s entrance smoother for the average internet user. Their most recent development allows individuals to use Sui-supported applications with...

The issuer of Ethereum-linked PayPal USD (PYUSD) stablecoin, Paxos, unveiled its inaugural transparency report. This documentation underscores that the said digital currency is solidly anchored by concrete assets. The...

Bitget, a prominent platform in the cryptocurrency derivatives sector, recently unveiled its initiative to bolster its growth and actively invest in related businesses across different regions. Known as the Bitget EmpowerX...

During the week spanning September 3 to 9, $59.3 million was pulled out of cryptocurrency assets, which marks a continuation of a trend that has witnessed $249 million in withdrawals over the past four weeks. The most...

Sending an email or text today is instantaneous, yet worldwide money transfers remain painfully antiquated, notes David Marcus, former president of PayPal. On September 11, while speaking to CNBC, Marcus expressed his...

Texas recently became the focal point for digital asset innovation as leading crypto businesses launched the Crypto Freedom Alliance of Texas. Announced on September 11, the alliance consists of key players such as...

Recent market jitters have been triggered by concerns that the distressed crypto exchange FTX might offload large volumes of Solana (SOL) and its associated assets. In the last day alone, Solanas value dipped by more than...

The testnet for Avalanche, a prominent smart contract blockchain network, recently clocked in an impressive performance rate surpassing 140,000 transactions per second. This feat was achieved during a trial run for its...

Financial turbulence for FTX, a once-prominent cryptocurrency exchange, has led the platform to consider the possibility of recouping promotional fees paid to famous sports personalities and teams. Last year, the platform...

Lido Finance, a well-regarded Ethereum staking protocol, recently addressed concerns raised about a security vulnerability in their LDO token contract. Despite the whispers of hacker exploitation, the company was quick to...