DeFi YC W22's Stablegains Is Down 92% and Getting Sued Stablegains promised investors 15% gains, but its fund is down 92% and getting sued for allegedly misrepresenting how it used investor funds.
DeFi A Hacked Crypto Ad Firm Compromises CoinGecko, Etherscan Coinzilla, a popular crypto ad delivery network, was compromised and delivered a phishing popup on Etherscan and CoinGecko.
DeFi Terra's UST Stablecoin Depegs, Crashing Entire Crypto Market Once considered a blue chip algo stablecoin, the $50B Terra ecosystem collapsed in less than a week, crashing Bitcoin and the crypto market.
DeFi Will Tether's USDT be the Next Stablecoin to Collapse? Tether’s USDT stablecoin is losing market cap. Tether could collapse in a major market downturn because it holds non-cash assets in its treasury.
DeFi NEAR Protocol Bridge Takes 2.5 ETH from Its Attacker Rainbow Bridge, a crypto protocol linking Ethereum to NEAR Protocol, thwarted an attack and profited in the process.
DeFi This is the 7th Solana Outage An NFT mint has caused the 7th Solana Outage that the blockchain has suffered, the 5th this year.
DeFi Edward Snowden was the Unknown 6th Person Who Launched ZCash ZCash announced that Edward Snowden was the psuedo-anonymous 6th person who launched ZCash, John Dobbertin.
DeFi Terra’s UST Stablecoin is now the #3 Stablecoin in Crypto Terra (LUNA) stablecoin, UST, just passed Binance USD (BUSD) to become the third most valuable stablecoin, and the most valuable algorithmic stablecoin.
DeFi Justin Sun’s Tron Protocol Will Launch Its USDD Stablecoin with 30% APY Justin Sun recently announced that his blockchain, Tron, will be launching its own algorithmic stablecoin, USDD, with a 30% annual yield.
Axie Infinity (AXS) North Korea Diversifies Into Ethereum Via Record Crypto Hack The FBI has tied the recent Axie Infinity Ronin sidechain hack to the North Korean hacking group Lazarus.
USDC BlackRock Will Manage USDC's $50B Reserves Following $400M Raise Circle announced a $400M funding round and that BlackRock will manage USDC's cash reserves.
Maker DAO MakerDAO is Diversifying Into the Real World by Issuing Loans to Tesla MakerDAO just made a $7.8M loan to Tesla as part of their efforts to back up their stablecoin with real world assets.
Near Protocol (NEAR) Crypto VC: NEAR Protocol Will Launch Its USN Stablecoin with 20% APY NEAR Protocol will launch its own native algorithmic stablecoin, called USN. Crypto VC Zoran Kole says USN will launch with staking yields around 20%.
Terra (LUNA) Stablecoin Wars: Terra LUNA is Trying to Depeg Maker DAO's DAI Stablecoin Terra is at war with Maker DAO and its DAI stablecoin. Terra is starting a new Curve war with Maker DAO, and it partnered with serious Convex whales to choke out DAI's liquidity.
LayerZero LayerZero and Stargate are Building a New Cross-Chain Economy LayerZero is a blockchain interoperability protocol that allows cross-chain transfers and swaps, where both assets are on their native blockchains.
Company Highlight Grayscale Launched an Altcoin Investment Trust Grayscale, the largest digital asset management firm in the world, launched a new smart contract alt coin fund.
Ethereum (ETH) Lead Ethereum Developer Warns Protocol Complexity is Out of Control Lead core Ethereum developer Péter Szilágyi warns that Ethereum's complexity has gotten out of hand, and "if the protocol doesn't get slimmer, it's not going to make it."
Coinbase Coinbase Faces Class Action Lawsuit for Allegedly Selling Unregistered Securities Coinbase faces a class action lawsuit for allegedly selling 79 unregistered securities to US customers.
DeFi Ethereum 2, AKA “The Merge,” Succeeds in Testnet After years of development, the Ethereum 2 Proof of Stake ("The Merge") change was successfully completed in a testnet.
Tether (USDT) Hedge Fund Shorts Stablecoin Tether (USDT) Hedge fund Fir Tree Capital Management took a large short position against Tether. If its bet pays off, the hedge fund is expecting to see returns within 12 months.
Avalanche (AVAX) Best DeFi Projects on Avalanche: Where to Stake and Yield Farm AVAX and Stablecoins in 2022 Here's where to find the best rates on staking and yield farming AVAX and stablecoins in the Avalanche network DeFi ecosystem.
DeFi Cronje Quits Crypto, Abandons Fantom, Yearn Finance Andre Cronje quits Fantom, DeFi, and Cryptocurrency as a whole alongside his partner Anton Nell. The pair are shutting down ~25 of their apps and services.
Terra (LUNA) Why Did Terra (LUNA) Go Up So Much in the Last Month? Terra's LUNA token is up over 60% in the last month following a $1B token sale and Anchor Protocol's recovery.
DeFi Where to Farm Stablecoins? Our Top 5 Projects for 2022 We highlight the top 5 projects for farming stablecoins in 2022.
Polkadot (DOT) Composable Finance Allegedly Run By Fraudster Omar Zaki Composable Finance's head of product, 0xbrainjar, is alleged to be fraudster Omar Zaki. In 2019, the SEC accused Zaki of "misleading investors in financing an unregistered hedge fund."