[ad_1] Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry. Yuga Labs CEO Daniel Alegre took to X
[ad_1] Decentralized finance (DeFi) protocol Platypus Finance said it had recovered 90% of assets that were stolen in a security breach last week. According to the October 17 announcement, developers said the protocol’s net loss
[ad_1] The Bank of Canada published a staff note on decentralized finance (DeFi) on Oct. 17, assessing the innovations that made it popular and the challenges and risks associated with its use. The staff note described
[ad_1] Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization. The proposal to sunset Lido on Solana was
[ad_1] Last week, the FTX court saga had elements of a TV drama, with Sam “SBF” Bankman-Fried’s former business associate and girlfriend, Caroline Ellison, sharing some shocking stories about SBF’s rule over the company. Ellison
[ad_1] Understanding Reed’s Law The concept of network effects is extended by Reed’s Law, which was developed by Harvard professor David P. Reed in 1999 and emphasizes the importance of communities and subgroups within a
[ad_1] In the rapidly evolving world of blockchain and cryptocurrency, understanding the on-chain metrics can be challenging. Navigating this maze, Alex Svanevik, CEO of Nansen, offers a beacon of clarity. His platform, established in 2019,
[ad_1] A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives. “I wouldn’t say the
[ad_1] The crypto industry’s fundraising efforts have taken quite a hit owing to the incessant crypto winter. Q3 was no exception. The latest data suggest that new record lows were set for both the total
[ad_1] BarnBridge is the latest crypto project that found itself entangled in legal proceedings initiated by the US Securities and Exchange Commission (SEC). With potential financial penalties on the horizon, the project turned to its
