What Went Wrong at Sushi? Unpacking the DeFi Project’s Woes

Key Takeaways Joseph Delong has left Sushi following internal conflict with other developers. The news comes amid a wave of controversies and several months after co-founder 0xMaki stepped down from a leadership... Read more »

Evergrande’s Debt Default Sparks Fears in Market

Key Takeaways Evergrande has defaulted after missing an $82.5 million debt repayment. Some fear that the update could negatively impact global markets. Evergrande shares hit a record low Wednesday, while Bitcoin, gold,... Read more »

Stablecoins Empower the U.S. Dollar, CEOs Tell Congress

Key Takeaways CEOs and executives from several leading crypto firms testified on stablecoins in front of U.S. Congress today. Those executives told the House Committee on Financial Services that stablecoins will strengthen... Read more »

SundaeSwap Promises First Functional DEX on Cardano

Key Takeaways SundaeSwap, a decentralized exchange (DEX) on Cardano, has launched as a public testnet. The SundaeSwap team claims it has developed solutions to address Cardano’s scaling issues, though bugs and congestion... Read more »

Layer 1 Projects Rocked by Market Selloff

Key Takeaways Several Layer 1 coins are down today amidst a wider market selloff. Measures of sentiment in the market suggest that fear may be peaking. It is possible that factors and... Read more »

Celebrities Keep Buying Bored Ape Yacht Club NFTs

Key Takeaways Bored Ape Yacht Club NFTs are proving to be a hit with celebrities. The music world has led the trend, with Universal Music Group forming an all-ape Metaverse band. Concierge... Read more »

Did Celsius Network Lose $51M in BadgerDAO’s Hack?

Key Takeaways BadgerDAO suffered a major hack yesterday, with losses amounting to over $120 million. One BadgerDAO user lost 896.8 Wrapped Bitcoin worth $51 million. On-chain data shows that the wallet holding... Read more »

Cosmos Back Above $30 After 19% Rally

Share this article ATOM is up 19% today.  Cosmos Returns to $30  A sluggish Bitcoin doesn’t always mean weak price action across the rest of the market.  Cosmos’ ATOM token is up... Read more »

$120M Lost in BadgerDAO DeFi Hack

Key Takeaways BadgerDAO has suffered a major frontend attack. The hacker reportedly compromised Badger’s user interface by inserting a malicious script that prompted users to give the hacker permission to spend their... Read more »

MicroStrategy Buys More Bitcoin – Crypto Briefing

Key Takeaways MicroStrategy purchased 7,002 Bitcoin between Oct. 1 and Nov. 29. The announcement coincides with a rebound in BTC price. Still, the flagship cryptocurrency has many hurdles ahead to overcome. Share... Read more »