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What is a wrapped token? Tokens are wrapped to make them usable on a different blockchain or in a particular environment to which they are not native. A wrapped token is a sort of cryptocurrency […]
In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT marketplace. Check out […]
Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years. In an Oct. 4 X (formerly Twitter) thread, Kanani […]
The Nature science journal recently published an editorial in its Nature Bioscience section lauding the use of decentralized autonomous organizations (DAOs) as a revolutionary new method by which researchers working in underfunded scientific fields can […]
Decentralized finance (DeFi) lending protocol Yield Protocol announced its decision to shut down by the end of the year due to a lack of business demand and global regulatory pressures. Yield Protocol will cease to […]
In Cuba’s capital, Havana, a Bitcoin community has emerged from an economically antagonistic environment.“Satoshi didn’t create Bitcoin for Cubans, but it really comes in handy for us,” Forte, co-founder of the aptly named local Bitcoin […]
In a recent announcement, Yield Protocol, a prominent player in the Decentralized Finance (DeFi) space, revealed its decision to wind down its operations. This marks the end of an era for Yield Protocol, as it […]
Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, […]
Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (BTC) to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira. According to an October 3 announcement during the Cosmoverse 2023 […]
OP Labs, the developer of the Optimism network, launched a testnet version of its fault-proof system, according to an Oct. 3 blog post. Once it completes testing, it will allow for “a more decentralized and […]
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