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Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn. The move expands Magic […]
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg. Warwick said in an April […]
Following the success of its first session on April 11, the U.S. Securities and Exchange Commission (SEC) is set to host the second installment of its four-part SEC Crypto Roundtable series tomorrow on April 25th. […]
The U.S. House of Representatives has passed H.J. Res 25, effectively rejecting the Internal Revenue Service’s (IRS) controversial broker rule. The resolution, which gained overwhelming bipartisan support, aims to protect decentralized finance (DeFi) innovation and […]
Ronin, the Layer 1 blockchain developed by Sky Mavis, experienced a significant 149% year-over-year increase in DeFi TVL, reaching $147 million in Q3 2024. There are several factors influencing this growth. One of the major […]
Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws. The SEC needs to “clearly state that NFT marketplaces like OpenSea do not […]
SHIB price has potentially broken out of a YTD falling channel in the past few days.The TRUMP token rally on Wednesday has increased the odds for a FOMO memecoin rally ahead. The rise of Bitcoin […]
Following yesterday’s whale liquidation event on Hyperliquid, which saw the decentralized exchange (DEX) lose $4 million, some analysts are characterizing it as a necessary stress test that could ultimately strengthen decentralized finance (DeFi) protocols. Others […]
The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the […]
Immutable has launched its new Perpetual Rewards programme, offering players a chance to win cryptocurrency through weekly prize draws. The first draw went live on 10 April with a total pool of 235,758.46 $IMX tokens—equivalent […]
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