Compound Labs founder Robert Leshner begs his users on Twitter to return lost funds that were due to a bug. At first, the total loss was estimated to be approximately $92.6 million (280,000 comp tokens).
Mr. Leshner tweeted that...
Tiktok, the world’s fastest-growing social platform, will be experimenting with NFTs with Tik Tok Top Moments. It features content from their main creators such as Grimes, Lil Nas X, Bella Poarch, etc. On their website page for this launch,...
Twitter is currently testing a product that will allow tipping in bitcoin (BTC) over the lightning network. The lightning network is a blockchain architecture that allows fast and near-instant payments. Additionally, it can scale to millions and even billions...
China has indirectly declared an all-out war on crypto as the People’s Bank of China deems all crypto transactions illegal. As of now on, they will ban overseas exchanges from providing cryptocurrency services to local investors. Additionally, they will...
Billion-dollar crypto exchange Coinbase will not be releasing their crypto product called Lend. After weeks of uncertainty, Coinbase finally succumbs to pressure from the SEC over their controversial new product launch.
This was a product that would allow users...
Opensea finally succumbs to the pressure of banning employees who were profiting off insider information. A high-level executive was accused of profiting off artworks quickly after they were promoted on the website’s front page.
In the report, they said that...
We are now close to the end of the 3rd quarter of 2021 and while our governments are still grappling to get our society to some level of normalcy, a lot of changes have happened.
Depending under which guise...
An unknown buyer purchased 101 NFTs (Non-Fungible Tokens) on Sotheby costing 24.4 million. These NFTs are all based around “bored apes” from the Bored Ape Yacht Club collection. Each ape is deemed to be unique with different characteristics: bored...
As the crypto market starts to evolve and countries are starting to use it as legal tender, most countries are still figuring out what to make of it. On one hand, they cannot avoid it as a large distribution...
August has been a good month for non-Fungible tokens (NFTs), and brands are now adding fuel to the perceived craze. OpenSea which is the largest NFT marketplace at the moment trades over $3.4 billion dollars across 1.67 million NFTs....
