AVAX price rallies after Avalanche development incentive and mainnet upgrade announcement
A $40 million developer incentive and upcoming mainnet upgrade translated to price upside for AVAX.
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DeFi ‘Godfather’ Cronje quits as TVL and tokens tank for related projects
DeFi architect, Fantom Foundation technical advisor, and Yearn Finance founder Andre Cronje has left the decentralized finance (DeFi) space reeling after deactivating his Twitter account.Cronje’s long-time colleague at the Fantom Foundation Anton Nell stated in a Mar. 6 tweet that both he and Cronje were leaving the crypto space entirely. However, concerns have arisen about…

Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges
Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements. 189 Total views 3 Total shares The Securities and Futures Commission (SFC) of Hong Kong issued a notice about unlicensed virtual asset trading platforms “engaging in improper practices,” warning…

DeFi lender Tender.fi suffers exploit, white hat hacker suspected
DeFi lending platform Tender.fi sees $1.59 million of assets drained by alleged white hat hacker taking advantage of a misconfigured oracle. 65 Total views 1 Total shares Own this piece of history Collect this article as an NFTAn alleged ethical hacker has drained $1.59 million from the decentralized finance (DeFi) lending platform Tender.fi, leading the…

Opinion: Should Bored Ape buyers be legally entitled to refunds?
Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law.Unhappy buyers have claimed that their right to a refund is protected by a 1997 European Union law that requires any person or business…

Turkey works hard to make İstanbul home to global blockchain hype
The Turkish crypto and blockchain ecosystem is working hard to build during the bear market, according to local experts. 541 Total views 14 Total shares

Bitwise launches Web3 ETF for institutional and retail investors
The ETF tracks the Bitwise Web3 Equities Index, with over 85% exposure to companies in Web3. Bitwise Asset Management announced on Oct. 3 a new exchange-traded fund (ETF) to both institutional and retail investors, giving them access to companies "positioned to benefit" from Web3 growth. Bitwise in a statement said it marks "the next wave…

DCG leads $205M growth fund for The Graph
The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. 843 Total views 10 Total shares Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still…

Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.