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2024-05-05

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Blockworks reached out to attorneys representing Okhandiar and the four other Remilia-affiliated individuals but didn’t receive an immediate response.‘Much more appealing’ than just collectibles: Web3 gaming’s potential Binance Falling Market Share. Source: CCData E*TRADE|Investing, Trading & RetirementRipple (XRP) Whales Wallet Balance vs. Price | Source: Santiment Will ADA Price Lose $0.24 Support?

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Will crypto mining last forever? Finally, Hong Kong's journey to embrace retail stablecoins will be a crucial factor in establishing its place in the emerging global banking scene. Finding the appropriate combination of innovation and regulation will be critical to its long-term success as a major financial hub in the digital era.LIVE: Caroline Ellison, Ex-Alameda CEO and SBF's Ex, Takes the Stand Notice to Virginia Residents Regarding Virtual Currency— Whale Alert (@whale_alert) October 9, 2023 Instant finality

Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. Base dominating the DeFi space Now might be a good time to consider quitting cryptoNTRN Listing Fee: 0 BNB CryptoPunks is one of its first NFTs, which are built on the blocks of Ethereum. The Punks were crafted based on special algorithms and each of its collectibles was limited to 10,000 Punks.

Johnson has been with Franklin Templeton for over 30 years and currently sits at the top of the company’s executive leadership as president and CEO. Franklin, a $1.5 trillion asset manager with offices worldwide, is one of the companies waiting for regulatory approval in the United States for a spot Bitcoin exchange-traded fund.Magazine: Tokenizing music royalties as NFTs could help the next Taylor SwiftPond0x DEX claims $100M in trading volume as critics allege it’s a scam Image: The CryptonomistWeb3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’ 5 Best Crypto Options Trading Platforms-This How You ...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.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular DeFi lending protocol Yield announced its permanent closure by December.Polygon co-founder Jaynti Kanani has stepped down from his day-to-day roles at the firm, saying he will now monitor from the sidelines, and decentralized autonomous organizations (DAOs) can help scientists find funding and community, according to a prestigious science journal.The DeFi market had a mixed week in terms of price action, with most of the top 100 tokens trading in the same price zone as last week.September becomes the biggest month for crypto exploits in 2023: CertiKSeptember has officially become the worst month in 2023 (so far) for crypto-related exploits — with a whopping $329.8 million in crypto stolen.On Oct. 2, blockchain security firm CertiK said the most significant contributor to the month’s totals came from the Mixin Network attack on Sept. 23, when the Hong Kong-based decentralized cross-chain transfer protocol lost $200 million due to a breach of its cloud service provider.Continue readingYield Protocol to permanently “wind down” operations by December 2023Yield Protocol announced its decision to shut down by the end of the year due to a lack of business demand and global regulatory pressures.Yield Protocol will cease to exist after its December 2023 series ends, which is due to mature on Dec. 29. Yield Protocol’s announcement detailing the “wind down” operation confirmed that the March 2024 fixed rate series launch had been canceled.Continue readingPolygon co-founder steps down, will contribute “from the sidelines”Jayant Kanani announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years. In an Oct. 4 X (formerly Twitter) thread, Kanani said he planned to focus “on new adventures” while contributing to Polygon “from the sidelines.” Along with software engineers, including Sandeep Nailwal, Anurag Arjun and Mihailo Bjelic, Kanani helped found the Matic network in 2017, which was later rebranded to Polygon.Continue readingDAOs can help scientists find funding and community, says Nature science journalThe Nature science journal recently published an editorial in its Nature biotechnology section lauding DAOs as a revolutionary new method by which researchers working in underfunded scientific fields can create communities around their work and raise funding that otherwise might not be available.In a DAO-based research scheme, a project’s organization, fundraising, feedback and pipeline from discovery to product/industry can all be handled by the same decentralized governing body.Continue readingWirex taps ZK-proofs for noncustodial crypto debit card issuanceCrypto payment service provider Wirex announced the launch of a zero-knowledge proof (ZK-proof)-based noncustodial crypto debit card service called W-Pay on Oct. 3.Wirex’s new decentralized solution utilizes zero-knowledge technology and is built on Polygon’s Chain Development Kit, promising increased scalability and security. Polygon’s CDK has been built with ZK-proofs in focus, enabling companies and users to develop their own ZK-powered layer-2 rail.Continue readingDeFi market overviewData from Cointelegraph Markets Pro and TradingView shows that DeFi’s top 100 tokens by market capitalization had a minor pullback from the last week, with most tokens trading in the green on weekly charts. The total value locked into DeFi protocols dropped to $45.07 billion.Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space. Free-to-play battle royale game My Pet Hooligan launches in early access on the Epic Games Store.

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