Fixed Interest DeFi Builder Term Finance Nets $2.5 Million in Seed Round
Michael ScottTerm Labs confirms raising a $2.5 million seed round for Term Finance. The funding round attracted the leadership of Electric…
Web3-based Cumberland Labs Announces the Completion of Incubating DeFi Startup Hashnote
Cumberlands Labs recent announcement revealed the emergence of institutional-oriented decentralized finance (DeFi) startup Hashnote from incubation. As the pioneer incubatee,…
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Solana CEO Refutes Claims That On-Chain Voting Caused Network Outage
George WardThe CEO of Solana Labs, Anatoly Yakovenko, has refuted allegations that the network outages experienced by Solana were a result…
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Scam / Hack
Exploiters Of Lendhub Protocol Moves $3.85M Through Tornado Cash
According to reports by blockchain security platforms, Beosin and PeckShield on February 27th, the perpetrators of the $6 million hack…
Sequoia And A16z Invested Massive Funds Into Fintech And Crypto Startups In 2022 – Study
In 2022, fintech dominated the investment portfolios of some of the world's leading venture capital firms. Sequoia Capital and a16z…
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Fiat-To-Cryptocurrency Payment Gateway Alchemy Pay Gets Operating License In Indonesia
Alchemy Pay, in conjunction with the Indonesian financial technology company Berkah Digital Pembayaran, has successfully applied for and been granted…
Aave (AAVE)
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French Financial Authorities Detain Duo Engaged In Platypus Hacker Exploit
According to a statement by the French police department, two people have been taken into custody for their role in…
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Former Hongkong Central Bank Chief Says Crypto Cannot Harm TradFi
As the debate over the impact of cryptocurrency on the traditional financial system continues to gain traction, a former bank…
(GameFi) Gaming and Decentralized Finance
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NFT (Non-fungible token)
Web3
You Can Now Borrow Against an NFT, but What Could Go Wrong?
James DavisIn the early days of Non-Fungible Tokens (NFTs), holders could only purchase and sell their digital assets. However, several startups…
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Solana (SOL)
ETH Researcher Reflects On Network’s Success As It Surpasses $15B Revenue
According to on-chain data from Dune analytics, the cumulative revenue generated by Ethereum since its launch in 2015 has recently…
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DeFi Protocol Platypus Finance Announces To Repay Its Users Affected By the Exploit
Nathan FergusonPlatypus Finance, a DeFi protocol based on the Avalanche blockchain, has recently disclosed that the platform will recompense the consumers…
Blockchain
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Coinbase Introduces Base, A Layer-2 Network For DApps
Coinbase, one of the largest crypto exchanges, has released an Ethereum layer-2 network, Base. The exchange maintains that the new…
US DoJ Prosecutes DeFi Platform Founders For Roles In $340M Crypto Ponzi Scam
Earlier in the week, a Department of Justice bulletin revealed that the four founders of Forsage were charged with participating…
Germany’s DZ Bank Partners with Metaco for Digital Asset Custody Services
DZ Bank announced partnering with Metaco to utilize the latter's custody services for the digital asset. The announcement by the…