Base DeFi project disappears after rug pull

The monumental collapse of FTX will go down as one of the biggest corporate scandals of all time. But, at least Sam Bankman-Fried, or SBF, is sorry. On Nov. 22, the disgraced founder of FTX penned a letter to his former employees describing his role in the company’s bankruptcy. “I never intended this to happen,”…

The Ethereum network has just turned five years old. Although the project was first announced at the North American Bitcoin Conference in January 2014, its genesis block was only mined on July 30, 2015. Since then, Ether (ETH) has become the dominating altcoin in market capitalization, popularity and network value settlement, having even surpassed Bitcoin…

a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations. 108 Total views 2 Total shares A group of crypto and blockchain firms joined together to create a Texas crypto advocacy group, according to a Sept. 11 announcement. The group is called “Crypto Freedom Alliance of Texas,” and

Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years. 708 Total views 52 Total shares Crypto investors found cause for celebration on July 14 as the market experienced a positive trading session just one day after the Consumer Price Index (CPI) posted a June print…

Messari noted a lack of expenses as one potential reason for this. Messari believes that Yearn.Finance's YFI token is one of the least expensive in the DeFi space, according to its price-to-sales multiple. The metric is calculated by dividing a token's market capitalization by its annualized yield. In YFI's case, its capitalization at the time…

Seasoned Bitcoin (BTC) investors know that the crypto market trades in cycles, and now that BTC price has surpassed its previous all-time high, a full-on bull cycle is underway. Crypto market data daily view. Source: Coin360As this new cycle gathers steam, the mainstream media are all abuzz with articles about Bitcoin and everyone from world-renowned investment…

With regulatory bodies rumored to soon accept a pure Bitcoin (BTC)-backed exchange-traded fund, it is important to understand the journey of some of the first crypto-based ETFs that have recently been approved by government agencies.The United States Securities and Exchange Commission approved a Bitcoin-adjacent ETF, giving investors the opportunity to gain exposure to Bitcoin through…

Opinion: If investors want to see a bull run take off this cycle, they should shift their attention from memecoins to AI and real-world assets.

The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25.ADAF is supported by the African Digital Asset Foundation (which shares the same acronym) — a non-profit organization and…