Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on […]
Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to offer a buy-side marketplace and expanded list of coins, according to an April 24 announcement from the team. Thetanuts […]
Multi-chain lending protocol Hundred Finance has suffered a security breach on the Optimism layer-2 scaling network, which resulted in the theft of approximately $7 million worth of assets. Hundred Finance confirmed the exploit on April […]
Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled to court active traders from Blur. The latter was eating away at OpenSea’s market share […]
Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions. French bank Societe Generale-Forge (SGF) released the Ethereum-based stablecoin called EUR CoinVertible (EURCV) on April […]
Securities and Exchange Commission (SEC) Chair Gary Gensler’s crusade against the crypto-asset industry has prompted political pushback. United States Representative Warren Davidson is the latest to retaliate. The Ohio Representative said he is introducing legislation […]
The NFT sector appears to be clawing back as the sentiment around the broader crypto market recovers. The emergence of new players and changing dynamics have resulted in a rapid evolution of the non-fungible token […]
Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by the Solana blockchain and the retail trading debut of Grayscale Solana Trust shares. The developments, along with bullishness […]
A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community. When voting closed on April 16, more than 99% of […]
Government officials have confirmed the city’s crypto commitments at the Hong Kong Web3 Festival this week as it aims to become a fully regulated crypto hub attracting investment and Web3 startups. On April 12, Financial Secretary […]
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