Axie Infinity: Ronin lost $600 million in a hack last week
March 30, 2022
The week has started with Bitcoin printing a yearly high but yesterday the bad news broke via Twitter when the team behind Ronin announced that they have been hacked. The loss is immense with 173.600 Ether and over 25 million USDC the Ronin hack is one of the biggest incidents the crypto industry has ever seen. How did this happen? What do we know about the hacker? And will the victims get their funds back?
Cronje and Nell leaving crypto – Will Fantom and Yearn Finance survive?
March 8, 2022
With Cronje being the inventor of the highly valuable Yearn protocol and both being involved with Fantom, YFI and FTM tanked after the breaking news. What does that mean for both projects and will they survive?
BlockFi gets fined 100 million for crypto lending product
February 15, 2022
The US financial watchdog, the SEC, has fined US crypto lending platform BlockFi 100 million. Their crypto Interest Account did not comply with securities laws. It is the highest fine handed out by the SEC to date.
300 million worth of Ether stolen in Wormhole hack
February 3, 2022
A treasure of Ether has been stolen from the Wormhole bridge. It sounds like stuff from a science fiction or fantasy book. But in the 'dark forest' that is defi, these things happen every few months. On February 2d, a hacker managed to take advantage of a weakness in the code and run away with 120 k Eth, worth 300 million dollars.
Regulation of stablecoins coming: will the banks get it on a silver plate?
January 28, 2022
A political game has been playing out for a while now around which US institutions and companies will have power over the part of the crypto market that is seen as the biggest threat by the US government: stablecoins.
Fantom grabs top 3 spot in Total Value Locked
January 25, 2022
Binance Smart Chain (BSC) is no longer the No. 3 blockchain when it comes to Total Value Locked (TVL) in decentralized finance applications (defi). That honorable position is now held by Fantom. TVL is the total dollar value of coins that users have staked in defi applications running on a chain.
Cardano celebrates the launch of SundaeSwap this Thursday
January 17, 2022
With decentralized finance and NFT marketplaces flowering the Cardano blockchain has a chance to become a big player and fulfill all the promises that have been made throughout the last 2 years. What is SundaeSwap and what do we have to expect from its launch next Thursday?