Sony Makes Blockchain Move as Japanese Firms Flood to Web3 Space
What’s the story? The electronics and entertainment giant is building a blockchain network. What’s the detail? It is looking to leverage its vast network of IOT devices. Why does this matter? Sony has a long history of successful blockchain activities, this will be one to watch.
Tron’s Justin Sun Considers Buying FTX’s Holdings Tokens to Ease Selling Impact on Markets
What’s the story? The founder of Tron network is considering a bid to acquire FTX’s assets. What’s the detail? The intention is to reduce the impact of FTX’s bid to liquidate these assets. Why does this matter? Would this protect the crypto community and ecosystem as Tron’s founder hopes?
Dogecoin (DOGE), Tron (TRX) and Polygon (MATIC) Could Get Rocked if FTX Liquidates Holdings
What’s the story? 3 specific altcoins could suffer a price dip if FTX liquidate their assets. What’s the detail? DOGE, TRX and MATIC are all at risk of liquidation of significant amounts of these tokens. Why does this matter? The total amount held is not the important detail here, it is the % of weekly […]
Uniswap Class Action Dismissed in Landmark Ruling for DeFi
What’s the story? A class action lawsuit against Uniswap was dismissed today. What’s the detail? The language used was particularly interesting “Due to the Protocol’s decentralized nature… no identifiable defendant.” Why does this matter? Is this a landmark ruling for decentralised projects?
DeFi Value Locked Reaches Nearly $42 Billion as Token Market Experiences Significant Growth – Here’s the Latest
What’s the story? The total locked value across de-fi projects is surging at the moment. What’s the detail? The total locked value hit $42bn on Sunday with $1.6bn in daily trading volume. Why does this matter? This shows encouraging adoption and understanding of de-fi projects.
Vitalik Buterin Discloses Twitter SIM Swap Attack That Drained $691K From Users’ Wallets
What’s the story? Vitalik Buterin revealed he was the victim of a sim-swap attack. What’s the detail? A fake NFT promo then drained $691k from users. Why does this matter? Sim swap attacks are on the rise and primarily target those with large crypto holdings.