defi
In the early hours of November 5th, the lending platform Aave announced a critical bug in its V2 and V3 products, necessitating the temporary suspension of several features and services. Incident Details Cause: * The exact cause of the issue has not been disclosed. Aave stated that they received a report
NFT & GameFi
In response to a challenging business environment, leading NFT marketplace OpenSea has recently announced a strategic shift, including a 50% reduction in its workforce. OpenSea Cuts 50% of Its Workforce According to CEO Devin Finzer on X (Twitter), OpenSea is undergoing a major overhaul to focus on a smaller team
NFT & GameFi
After several months of declining volume, October has shown a resurgence in the NFT market. NFT Trading Volume Increases by 32% in October, First Positive Growth of the Year According to data from DappRadar, the NFT trading volume in October increased by $99 million compared to the previous month, marking
defi
On November 3rd, Lido Finance passed several notable proposals, with the most intriguing being the approval to test Distributed Validator Technology (DVT). Details of the Proposal Announcement: * Lido Finance's official X (formerly Twitter) account encouraged users to participate in the voting for four key proposals before the deadline
NFT & GameFi
Alongside a new fund, The Sandbox is also planning to become an open content publishing platform for creators and release Game Maker version 0.9. The Sandbox Launches $35 Million Fund for Game Development Projects At The Sandbox's Creators Day event held on November 3, 2023, in Hong
Big Cap
ProShares has introduced the ProShares Short Ether Strategy ETF (SETH), the world's first short Ethereum ETF, offering investors increased profit opportunities when ETH prices decline. ProShares Launches First Short Ethereum ETF in the U.S. Image: U Today Last night (11/02), asset manager ProShares launched the ProShares
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MicroStrategy is reaping $900 million in profits from its massive Bitcoin treasury thanks to the "Uptober" of the world's largest cryptocurrency. MicroStrategy Buys an Additional $5.3 Million in Bitcoin, Bitcoin Holdings Yield $900 Million in Profits In the early hours of November 2nd, CEO Michael
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NEAR Protocol has experienced a significant price surge after the Near Foundation announced a partnership with infrastructure security startup Nym Technologies. NEAR Price Soars After Partnership Announcement with Nym, Ahead of Nearcon. Photo: Nym Last night (November 1st), NEAR Protocol officially announced its collaboration with Nym Technologies, a project focused
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Vitalik Buterin recently published a blog post explaining the differences between various Layer-2 solutions, alongside notes on potential risks associated with their implementation. Vitalik Buterin Shares Insights on Trade-Offs in Layer-2 Solutions The blog begins with Vitalik Buterin summarizing the current state of the Layer-2 market. Specifically, he notes a
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Circle, the second-largest issuer of the USDC stablecoin, will no longer support individual users in minting stablecoins. Circle will halt support for individual user minting of stablecoins. Image: Bitcoinist In an announcement on the evening of October 31, Circle, the entity behind the USDC stablecoin, stated that it will cease
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Tether, the largest issuer of stablecoin USDT, has published its latest asset verification report on the evening of October 31, summarizing the Q3/2023 period. According to the report, as of September 30, 2023, Tether holds assets totaling $86.3 billion, backing the 83.1 billion USDT in circulation. However,
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The Solana Breakpoint 2023 event, alongside several ecosystem updates, has been the driving force behind SOL's 18% increase over the past 48 hours. SOL Grows on Updates from Solana Breakpoint 2023 Ahead of this year's Solana Breakpoint event in Amsterdam, the event's X account
