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.
Axie Infinity (AXS) Sky Mavis Raises $150M to Compensate for Ronin Hack Sky Mavis, maker of Axie Infinity, raised $150M primarily from Binance to make investors whole after their Ronin sidechain was hacked for $600M.
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."
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.
Bitcoin (BTC) Why You Might Want to Buy BTC and ETH on Other Blockchains Investors are buying wrapped BTC and ETH with crypto on blockchains like BNB, SOL, and AVAX to avoid fees and possibly taxes.
Weekly Newsletter 🎪 Wonderland: DAO It All Went Down This week: Hackers stole $322M from Wormhole Bridge, we dig into El Salvadors "whale" status, big organizations are doing NFT tickets, and we do a full breakdown of the TIME Wonderland saga.
DeFi Hackers Take Wormhole Bridge for $322M Hackers found an exploit in the Wormhole Bridge that allowed them to steal $322M, the second largest DeFi related hack ever.
Weekly Newsletter 🤑 We All Get a Rug Pull! The word of the week is "rugpull", as SundaeSwap and CardStarter have a spat over allegedly stealing 150m tokens, and TIME rug pulling Terra LUNA.
Weekly Newsletter 🔥 Everything is on Fire Everything is on fire this week---MATIC is burning tokens making it deflationary, Cardano's first DEX reports it won't work, Russia is all in on FUD, and SecretNetwork is funded.
DeFi Burns So Good: MATIC is Deflationary Polygon (MATIC) is introducing their version of the Ethereum Hardfork (EIP-1559), which makes pricing more predictable and causes MATIC to become deflationary by burning tokens.
Weekly Newsletter 🍿 We're gonna need more Matt Damon This week crypto.com was hacked and user funds were lost, Binance rolled out Eth L2 support, Feds are signaling regulatory clarity is coming, and is Walmart selling NFT deoderant?
Arbitrum Binance Announces Support for Ethereum Layer 2 Protocol Arbitrum One Binance just announced support for Ethereum Layer 2 protocol Arbitrum One, allowing users to with draw directly to the L2 protocol, avoiding Ethereum gas fees entirely.
Weekly Newsletter 💸 What do billion dollar crypto wallets look like? Tron founder Justin Sun has nearly all of the TVL for some projects, FTM is trading at half AVAXs multiple, Arbitrum had a 10 hour outage, and drone racing is coming to ALGO.
Arbitrum Ethereum Layer-2 Arbitrum One Went Down for 10 Hours on Sunday Ethereum Layer-2 Arbitrum One went down for 10 hours on Sunday. The outage was caused by a hardware failure in the main Sequencer node.
Fantom (FTM) FTM is Trading at Half AVAX's Multiple Fantom (FTM) is trading at half Avalanche's (AVAX) total value lock to market cap multiple.
Hacking 👾 How to Avoid This Weeks Crypto Hack There is an active exploit on Telegram---here's how to avoid it! Also Ethereum's 2.0 testnet goes live, OpenSea's IPO controversy, and Zilliqa's Extended Reality Metaverse.
Ethereum (ETH) Ethereum 2.0 Testnet Live Last week, Ethereum developers deployed a testnet version of Ethereum 2.0, named Kintsugi.
OpenSea OpenSea Walks Back IPO After Backlash OpenSea Chief Financial Officer mentions plans to IPO, then reels back after community backlash.
Ethereum (ETH) 🏢 Bigger Institutions, Bigger Problems Major institutions are coming to crypto (ETH in particular) in 2022, and they're projects to clear trillions in transactions.
Market Due Diligence on Blockchains How to do due diligence on cryptocurrencies like they were companies.
Ethereum (ETH) The DTCC Wants to Bring Private Securities to Ethereum The DTCC is launching a blockchain platform to "digitalize and modernize private markets" in early 2022.
Ronin (RON) Crypto This Week: Feuds & Funding This week in crypto is all about funding and feuds---China v Media and Crypto, Winklevoss twins v Zuckerberg, StarkWare raising $2B, and Ronin Bridge moving $7.5B.
Ronin (RON) Ronin Bridge Has Moved $7.5B in the Past 30 Days Ronin bridge has moved the most money in the entire Ethereum ecosystem over the past 30 days, $7.5B.
Company Highlight Crypto this week: from 🌋 BTC to Network ☠️ Crypto this week: from El Salvador's volcano mined BTC cities, to major Helium network outages.
Company Highlight ConsenSys Raises $200M at a $3.2B Valuation New York based company ConsenSys, makers of MetaMask, raised $200M this week from investors, and the CEO is considering launching a MetaMask token.