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” 90% of GameFi projects are ruining the industry’s reputation “ The GameFi industry is set to unleash its massive potential within the next six years. According to Absolute Reports data, its estimated value will grow to $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the same period. It’s a…
” Automation opens up pathway to a simplified, more user-friendly DeFi “ Few doubt the potential that DeFi has to redefine crucial aspects of finance for all. But, as it stands, using DeFi platforms and protocols is often time consuming and anything but easy. One of the biggest draws of DeFi are the yields users…
” JP Morgan executes first DeFi trade on a public blockchain: 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 first week of November proved to be the institutionalization of DeFi markets as major…
” Traders expect 200% upside from MATIC, but does Polygon network data support that? “ In the past year, Polygon (MATIC) has focused on growing their list of high-profile partners which includes luminaries like Disney, Starbucks and Robinhood. The recent announcements of partnerships with both Instagram and JPMorgan have speculators pushing the token price up…
” Web Summit Lisbon, Nov. 4: Latest updates from Cointelegraph’s ground team “ Welcome back to day three of the Web Summit, one of the world’s leading tech conferences, with over 71,000 attendees on the third day. Stationed in Lisbon, Portugal, Cointelegraph’s ground team is ready to bring the most exclusive insights on Web3, crypto…
” Immunefi launches scoring system for Web3’s elite white hats “ Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will measure a given white hat’s skills and status amid Immunefi’s security community, said the company at the…
” ‘Everything is fine’ — Gala Games calls for calm after fears of multi-billion dollar hack “ Blockchain gaming company Gala Games urged its community for calm after misplaced fears of a multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%. The initial panic, which Gala Games later implied was…
” The Sandbox co-founder explains how the metaverse has evolved for brands: Web Summit 2022 “ The building of the metaverse is an ongoing process. Sebastien Borget, co-founder of The Sandbox metaverse, even called the future of the metaverse evolving. Speaking to Cointelegraph’s Gareth Jenkinson at the Web Summit tech conference in Portugal on Nov….
” How low liquidity led to Mango Markets losing over $116 million “ It would seem that the hackers used an “oracle price manipulation” tactic in the exploit on the Solana-based DeFi network, as indicated by a tweet sent by the official account for the Mango cryptocurrency exchange. In mid-October, traders took advantage of a…
” Skyward finance exploit allegedly results in $3 million loss “ Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for 1.1M NEAR tokens, worth an estimated $3 million USD at time of publication. The news was shared on Twitter by Aurora Lab’s community moderator…