Latest Market News

Oct 24
Ripple’s lead engineer to exit after nearly a decade with the firm

Nik Bougalis primarily worked on open-source code projects for the payments-focused XRP Ledger, with the recent push to introduce NFTs being a key implementation of note. 390 Total views 2 Total shares Ripple Labs’ director of engineering Nik Bougalis is exiting the firm after nearly 10 years, becoming the latest of crypto’s long-time serving executives […]

Oct 24
Mango Market exploiter brags after rug pulling Mango Inu ‘shitcoin’

In just over a week after pulling off the $117 million exploit of Mango Markets, Avraham Eisenberg is now boasting about making $100,000 rug-pulling a “shitcoin” called Mango Inu, again claiming he “did nothing wrong.”  Eisenberg recently ousted himself as one of the persons behind the recent $117 million exploit of the Solana-based decentralized finance […]

Oct 22
VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals

Web3 dominance within crypto funding rounds has been well documented by Cointelegraph Research. In addition to the Web3 mega funds announced recently, venture capital has also been making smaller, more targeted investments in the sector. In this week’s Venture Capital (VC) Roundup, we chronicle the latest Web3 funding initiatives and draw attention to a sharding […]

Oct 22
Polkadot co-founder Gavin Wood steps down as CEO of Parity

Wood will remain the company’s majority shareholder and take on the title of chief architect, where his focus will shift to developing and promoting the mass adoption of Web3 technology. 3446 Total views 8 Total shares Gavin Wood, the co-founder of Polkadot, is stepping down as the CEO of blockchain infrastructure company Parity Technologies. Parity […]

Oct 22
Unsung hero saves DeFi protocol from potential exploit: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The last week’s headline was dominated by some of the biggest hacks in DeFi. This week is redemption time for many DeFi protocols that either averted an attempted hack […]

Oct 22
Amendment to UK financial services bill provides regulation for crypto activities

The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes. 3291 Total views 6 Total shares An amendment to the Financial Services and Markets Bill now before the United Kingdom’s Parliament would extend the law’s powers to regulate […]