Summary: The KuCoin crypto exchange has announced the launch of a decentralized wallet. The new KuCoin Wallet is designed to be secure and easy to use, with multi-chain aggregation powered…
Summary: The OP token dumped over 60% shortly after listing across centralized exchanges on May 31. A few community members have posted suggestions on the project’s forum to stem future…
Summary: CZ’s company plans to support builders through three key stages. The phases include the incubation period, early-stage growth, and late-stage growth. Binance hopes the fund will incentivize more innovation…
Ethereum layer 2 solution Optimism has finally launched its OP token The token was airdropped to 2,49,000 registered Ethereum wallets. Optimism, which is a layer two scaling solution of Ethereum,…
Summary: The central bank of Russia is ready to accommodate foreign transactions completed with digital currencies. Using crypto within the local economy remains a topic of debate per comments from…
Summary: CoinShares has released its 2021 Financial Annual Report. In the report, CoinShares CEO has stated that the company suffered a £17 million ($21.45 million) loss from its DeFi activities…
Summary: The team at BNB Chain has released an updated roadmap of the project. At the core of the roadmap is increased decentralization, sidechains, META Apes, a Metaverse, and open-source…
Summary: The team at the Terra-based Mirror Protocol has stopped an ongoing exploit that had already siphoned off $2 million in assets. The exploit was made possible through a faulty…
Summary: SBI Holdings has invested an undisclosed amount in the New York-based startup of Digital Asset. The two companies will establish a joint venture in Japan under equal ownership, operating…
Quick take: Authorities announced the initiative dubbed Project Guardian. It’s a joint effort between the finance industry stakeholders and the Monetary Authority of Singapore. The focus is on DeFi solutions…
Cryptocurrency Cardano has soared 27% in anticipation of its upcoming Vasil Hard Fork upgrade The currency has outrun Ripple to become the sixth biggest cryptocurrency by market cap. Cardano is…
Quick take: The new LUNA is now available on the world’s largest exchange. Terra’s airdrop also rolled out to LUNC holders. LUNA’s price is just above $9.7 on Binance. Terra’s…
The Ropsten beacon chain launched today, setting the stage for a merge. Ethereum beacon chain set to emerge with the Ropsten testnet on June 8. Ethereum’s move towards proof-of-stake looks…
Quick take: Total value locked on Tron grew over 40% in the last 30 days. It’s now the third-largest DeFi protocol with $5.92 billion in TVL. Other DeFi chains plummeted…
Summary: Shiba Inu’s founder, Ryoshi, has deleted all his Tweets and blog posts. The deletion is precisely one year after he last Tweeted. Ryoshi’s Twitter page states that he is…
