Waves’ Neutrino USD loses peg amid price manipulation allegations
Since March 31, WAVES’ price has dipped more than 45% while the ecosystem’s native stablecoin USDN has been knocked off its dollar peg.
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How Bitcoin could become the collateral layer for the digital asset economy
Bitcoin is now a reserve asset for Terra’s UST. What does this portend for the $186 billion stablecoins market?
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Ronin hack proceeds seen headed to Tornado Cash
At least 500 Ether looted from the US$600 million Ronin hack has been transferred to Tornado Cash. See related article: Axie Infinity blockchain Ronin hacked for over $600M Fast facts An Ethereum address associated with the hack made two 100 ETH deposits to Tornado Cash on Monday morning Asia time. Over an hour later, the…
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NFT buyers dip for a second straight month
In contrast to the rising crypto market, NFT sales have declined significantly in March, but one industry watcher says there’s no need to panic just yet.
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Indian MP proposes raising crypto tax higher than 30%
Sushil Kumar Modi, a member of Parliament (MP), has urged India’s finance minister Nirmala Sitharaman to consider raising the capital gains tax on crypto income to over 30%, the flat rate scheduled to kick in from April 1. See related story: India’s tax bogeyman is scaring off young crypto investors Fast facts The minister argued…
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DeFi lender Aave’s token has surged over 80% since V3 launch
Decentralized finance (DeFi) lending protocol Aave’s governance token surged 84% since its March 16 V3 upgrade, and was trading at US$220.01 at press time, according to CoinGecko data. See related article: DeFi lending platform Aave to ‘build Twitter on Ethereum’ Fast facts Aave is also the top gainer in the past 24 hours with a…
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OpenSea’s Solana NFT integration, long rumored, is now real
Leading non-fungible token (NFT) marketplace OpenSea has released a teaser of its long-rumored integration of NFTs on the Solana blockchain, now planned for April. See related article: What is the Solana ecosystem and how is it fueling SOL’s stratospheric rise? Fast facts OpenSea’s teaser video shared on Twitter on Tuesday morning Asia time displayed a…
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Lessons learned from my five years of building blockchain
DLT projects are defined by their network effects, writes Donald Thibeau of HBAR Foundation. Here’s why open networks and community are critical for success.
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Axie Infinity blockchain Ronin hacked for over $600M
Ethereum sidechain Ronin, where play-to-earn blockchain game Axie Infinity runs, has been hacked for over US$600 million in crypto, making it one of the biggest hacks in crypto history. See related article: Axie Infinity becomes first NFT series to break $4B in sales Fast facts Ronin said the hacker compromised four of their own validator…