POG Digital NFTs to Launch on Ethereum Network

POG Digital NFTs to Launch on Ethereum Network

After successfully launching the Solana ecosystem a year ago, authentic 90’s gaming and collectibles firm POG Digital NFTs is getting ready to launch on the Ethereum blockchain, the largest DeFi ecosystem. POG Digital claims (1) that the minting of NFTs on the Ethereum platform will begin on April 6 with a quantity of 4,444 units. … Read more

FTX Looking for Prospective Buyers to Reboot as FTX 2.0

FTX Looking for Prospective Buyers to Reboot as FTX 2.0

After the confirmation by the Wall Street investment company Jefferies that it is in discussions with a prospective buyer for the failing FTX exchange, it is possible that plans to establish FTX 2.0 may begin to take shape gradually. After being ordered to cease operations by the relevant authorities, the exchange is anticipated to recommence … Read more

DeFiLama Staff Engage in a War-Of-Words Over Launch of LLAMA Token

DeFiLama Staff Engage in a War-Of-Words Over Launch of LLAMA Token

The staff of the decentralized economic analytics tool, DefiLlama, are now engaged in a dispute. An employee who only identified themselves as 0xngmi stated that the founders of the company were going to issue a LLAMA token without even requesting employee endorsement for the initiative. 0xngmi and a few other developers have distanced themselves from … Read more

DeFi Platform Collective Finance Launches $CLF Token on Binance Chain

DeFi Platform Collective Finance Launches $CLF Token on Binance Chain

Collective Finance, a decentralized finance (DeFi) platform, has revealed its intentions to begin the public sale of its own native currency, denoted by the symbol $CLF, and developed on the Binance Smart Chain (BSC) network. The public token sale can be accessible with a 10% discount, as stated in a press release (1). Β This sets … Read more

Smart Money Moving Towards Decentralized Finance (DeFi)

Smart Money Moving Towards Decentralized Finance (DeFi)

In the year 2022, virtual asset financial firms contributed more than $2.7 billion to decentralized finance projects. Since 2021, the investments have climbed by 190, while investing in centralized finance projects has decreased by 73, resulting in a decrease of 4.3 billion dollars over the same period. Even though total crypto financing dropped to $18.25 … Read more

Maven 11 Launches $30M Loan Pool on Maple Finance

Maven 11 Launches $30M Loan Pool on Maple Finance

Defi lending protocol Maple Finance has initiated a liquidity pool with a total value of thirty million dollars, which is supported by Maven 11, a crypto-native investment firm based in the Netherlands. Maven 11 has announced that the introduction of the lending pool will assist institutional businesses in their search for new income alternatives. Liquidity … Read more

Tornada DAO Struggling With Authorities, Governance Forum Offline

Tornada DAO Struggling With Authorities, Governance Forum Offline

It appears that the Discord server and Tornado DAO governance forum that were tied to the crypto mixing service Tornado Cash, which was recently sanctioned, have been disabled. The Office of Foreign Assets Control of the United States Treasury blacklisted Tornado Cash on Monday. Tornado Cash is a mixing tool that focuses on Ethereum transactions. … Read more

Leon Li, CEO of Huobi, Wants To Get Rid Of Stake in Company For $1B

Leon Li, CEO of Huobi, Wants To Get Rid Of Stake in Company For $1B

Li intends to sell sixty percent of his investment in Huobi for one billion dollars. Following the publication of the Bloomberg report, the price of HT shares increased by over 25 percent, reaching $5.43. The potential buyers reportedly include Justin Sun and Sam Bankman-Fried of FTX. Leon Li, the founder of the leading cryptocurrency exchange … Read more

Voyager Digital Will Resume Withdrawal on August 11th

Voyager Digital Will Resume Withdrawal on August 11th

A ruling was made in favor of Voyager Digital earlier on Thursday by Judge Michael Wiles of the United States Bankruptcy Court in New York. This allowed Voyager Digital to receive access to the cash in its custodial wallets, which will allow it to return $270 million to the customers who were negatively impacted. As … Read more

Aave Proposes Halting all Fanton Based Integration

Aave Proposes Halting all Fanton Based Integration

The past two weeks have been a rough ride for crypto hackers. The repercussions from the most recent hack of Solana have once again brought to people’s attention the significance of using, for example, hardware wallets. We now know that around 15,000 cryptocurrency wallets were affected and that approximately $4.6 million was stolen. Bridges have … Read more