Moderators of the popular trading subreddit r/WallStreetBets have dumped most of their WSB Coin (WSB), a token project claiming to be the official memecoin of Wall Street Bets.
A new Cosmos-based blockchain called “Tenet” will use liquid collateralized coins from other networks to secure its transactions, potentially allowing the new network to inherit the security of the old, according to a May 3 announcement from the developer. .
Decentralized exchange Level Finance suffered a security breach that allowed attackers to steal more than $1 million in the exchange's native Level Finance (LVL) token.
Liquid staking solutions like Lido and Rocket Pool now hold more total value locked (TVL) than decentralized exchanges (DEXs), making them the top category of DeFi protocols, according to crypto analytics platform DefiLlama.
Crypto exploits, exit scams and flash loan attacks showed little sign of stopping in April, stealing more than $103 million from crypto projects and investors that month.
Bitcoin's BRC-20 token standard has become the latest trend in the crypto ecosystem, especially after the rise of the Pepe (PEPE) meme coin in recent months.
On May 2, SI Tickets, the ticketing subsidiary of Sports Illustrated, launched the Box Office platform, a self-service event management and primary ticketing solution powered by the Polygon blockchain.
According to data from Dune Dashboard user @beetle, non-fungible token (NFT) marketplace Blur facilitated 8,820 ether ($16.37 million) in loans via permanent NFT lending protocol Blend a day after its launch.
Luxury auction house Sotheby's has announced the addition of a new on-chain marketplace that will allow digital art collectors to purchase secondary NFTs.
The cryptocurrency community accused Gary Gensler, the head of US securities regulators, of what he called hypocrisy after he released a video in 2018 that said cryptocurrencies were on par with commodities or cash, rather than securities.
About 100 people answered calls from crypto advocacy group the Chamber of Digital Commerce, the Satoshi Action Fund, and the Texas Blockchain Council to show Texas lawmakers that they oppose legislation targeting crypto mining companies.
Court filings indicate that Terraform Labs co-founder and CEO Do Kwon has asked to have charges brought against him by the US Securities and Exchange Commission (SEC) dismissed.
The financial crimes unit of Seoul's Southern District Prosecutor's Office has reportedly instructed Terraform Labs co-founder Shin Hyun-seong and nine others for damaging the Terra ecosystem.
The country's financial watchdog has considered a “fast track” option for French licensed crypto firms to be regulated under the upcoming Market in Cryptoassets (MiCA) law.
The US Treasury Department and some of the top US financial regulators have proposed new rules that would make it easier for the Federal Reserve to designate nonbanks as systemically important, making them easier to monitor and regulate.
Some so-called Open Exchange (OPNX) investors have come under fire from the CEO of the crypto-claims trading platform after some were named as supporters and publicly distanced themselves from the project.
