Cointelegraph By Ezra Reguerra
Chainlink Labs’ director of capital markets said that enhancing tokens with real-world data could unlock better applications than traditional finance.
cointelegraph.com
As crypto markets turn bullish, nonfungible token (NFT) trading has started to join the wave, with a volume nearing $1 billion in November, according to data published by the decentralized app tracking platform DappRadar. The report highlighted that the NFT industry maintained an upward momentum for the second month in...
As Bitcoin (BTC) soared past the $40,000 mark and brought the total crypto market capitalization to $1 trillion, Web3 firms have started to roll out grants to support the development of the blockchain ecosystem. On Dec. 6, the Worldcoin Foundation, the organization behind the popular Worldcoin (WLD) project backed by OpenAI...
As Web3 gaming showed resilience despite the crypto bear market, professionals working in the space predict that the next year will be more eventful for the blockchain gaming niche. Henry Chang, the CEO of the South Korean game development company Wemade, believes that there will be an increase in blockchain-based...
Investment firm Tiger Global has reportedly marked down several investments, including stakes in popular nonfungible token projects like the Bored Ape Yacht Club (BAYC) collection and NFT marketplace OpenSea. Citing anonymous sources, media outlet Bloomberg reported that the investment company marked down its stakes on BAYC by 69% and on OpenSea by...
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The hacker who stole over $46 million from the DeFi protocol KyberSwap has released a list of demands, including total control over...
Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net profit in the third quarter of 2023 compared to the same period last year. The company reported a net profit of 159.9 billion Korean won (KRW), worth around $123 million,...
Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets this coming December. Among the projects releasing locked tokens, decentralized exchange (DEX) dYdX will unlock the largest amount. The exchange is expected to unlock 150 million tokens vested for investors, founders and employees...
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The attacker who stole $46 million from the KyberSwap protocol has used a complex strategy described by a DeFi expert as an...
As crypto community members celebrated Thanksgiving, many expressed gratitude for the progress made in the digital asset space over the years. From comparing price points for Bitcoin (BTC) and Ether (ETH) in 2022 to sharing their Thanksgiving conversations about BTC, crypto users exchanged their musings on X (formerly Twitter) for...