German crypto bank Nuri with 500K users files for insolvency
Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital…
Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate
U.S. persons and entities must comply with the Treasury’s sanctions or face possible criminal consequences. According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote…
1inch plugs into Klaytn as Asia continues to climb aboard
The 1inch Network has integrated its aggregation and limit order protocols to the burgeoning Klaytn blockchain mainnet. South Korea’s most popular metaverse blockchain Klaytn is set to benefit from deeper…
Pinterest for Web3: Project launches curation ecosystem on Avalanche
CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases. With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn…
Reserve Bank of Australia initiates research project on CBDC
The Reserve Bank Of Australia (RBA) has announced plans to explore possible use cases for its proposed Central Bank Digital Currency (CBDC). The financial institution will work on the study…
MetaverseGo raises $4.2 million in funding round
MetaverseGo, a British Virgin Islands-based mobile gaming venture, has raised about $4.2 million in a seed funding round. The platform confirmed the development in a blog post shared on its…
Solana provides an update on Slope’s exploitation.
Solana, a fast-growing decentralized blockchain, has provided an update on the recent exploitation of Slope Finance, a community-based decentralized exchange. The blockchain protocol gave the update in a blog post…
Alchemy blocks access to Tornado Cash
Barely 24 hours after the United States Treasury Department blacklisted Tornado Cash, technological organizations like Infura and Alchemy blocked access to the tool. The two platforms are prominent foundations of…
Gunzilla raises $46 million in funding round
Gunzilla, an autonomous AAA game studio, has raised $46 million in its latest funding round. The game studio confirmed the development in its blog post on Tuesday. The newly completed…
BREAKING: Curve Finance team warns users to avoid using site until further notice
A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so far. On Aug 9, automated market maker Curve Finance took…
Circle plans to only support Ethereum PoS chain after Merge is complete
“USDC as an Ethereum asset can only exist as a single valid ‘version,‘” said the team at Circle. On Tuesday, Circle, the issuer of the USD Coin (USDC) stablecoin, pledged…
Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions
It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions. On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged…
Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us. The aggregate total value locked…
Wallet Connected To Celsius CEO Alex Mashinsky Cashed Out CEL During Token’s Recent Surge
TL;DR: Blockchain data from crypto intelligence firm Nansen and Arkham Intelligence identified a couple of transactions completed on a wallet identified as Mashinsky’s. The wallet sold 17,475 CEL and swapped…
Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe…