Cardano founder asks why proponents of ADA token burn are “consumed with idiocy”

In a community dispute over Cardano token burning, Input Output CEO Charles Hoskinson re-asserted his view that the practice is worthless. Speaking in a disparaging yet playful tone, the Cardano founder implored... Read more »

Celsius expects to receive $70M loan repayment to fund operations beyond November

Crypto lender Celsius expects $70 million from loan repayments that will extend its runway cost beyond November. The cash flow forecast submitted by Celsius during the bankruptcy hearing on Sept. 1 disclosed... Read more »

Terra LUNA Classic continues astonishing come back with 2,400% gains over last 7 days

Terra LUNA Classic (LUNC) continues climbing higher amid plans to revive the chain and tempt investors back. Since August 26, LUNC spiked as high as $0.00031131, equating to more than 2,400% gains.... Read more »

Stablecoin wars heat up as USDC and USDT battle for market share

Since the Terra Luna crisis earlier this year, there has been a shake-up in the stablecoin ecosystem. At the time of its collapse, TerraUSD (UST) had a market cap of just over... Read more »

Babylon Finance to shut down Nov. 15 after failing to recover from Rari/FEI hack

DeFi asset management protocol Babylon Finance will shut down its services on Nov. 15, according to an announcement by its founder Ramon Recuero on Aug. 31. 1/ Babylon Finance is Shutting Down... Read more »

Crypto mining malware impersonates Google translate desktop, other legitimate apps

Israeli-based cyber threat intelligence firm, Check Point Research (CPR) unmasked a malicious crypto mining malware campaign dubbed Nitrokod as the perpetrator behind the infection of thousands of machines across 11 countries in... Read more »

Compound discovers bug in new update, freezes cETH market

DeFi protocol Compound (COMP) discovered a bug in governance proposal 117 designed to upgrade its price feeds, forcing it to temporarily freeze the Compound ETH (cETH) market. An hour ago, Proposal 117... Read more »

Study shows 62% of Bitcoin network is zero-emission

A recent study from Bitcoin research company Batcoinz revealed that the Bitcoin network’s zero-emission impact has increased by 41% since last March and reached up to 62%, while the usage of carbon-negative... Read more »

FBI warns against DeFi after data reveals sector accounts for 97% of stolen $1.3B during Q1

The U.S. Federal Bureau of Investigation (FBI) recently issued a warning against DeFi protocols after finding that 97% of the $1.3 billion was stolen via DeFi protocols during the first three months... Read more »

Limit Break’s DigiDaigaku NFT collection rises by over 100% as firm raises $200m

The floor price of Limit Break free mint NFT DigiDaigaku rose to 15.67 ETH after news emerged that its parent company raised $200 million in two funding rounds, according to nftgo data. According... Read more »