DeFi News

Pop singer Jason Derulo has found himself in hot water after promoting a meme coin that rapidly lost its value, igniting discussions about the role of celebrities in high-risk financial endorsements. These incidents not only lead to monetary losses but…

In a now-deleted X post, blockchain game Farcana said that one of its crypto wallets “has been compromised,” triggering a 60% plunge for FAR. Farcana, a blockchain-based shooter game with tournaments, seems to have suffered a significant security breach, resulting…

The Korea Institute of Finance has flagged the risks sport Bitcoin ETFs pose to the nation’s economy. According to a report penned by researcher Bo-mi Lee, while spot crypto exchange-traded funds (ETFs) can offer institutional security for investors and profits…

The Solana blockchain network has rolled out a new feature called ZK Compression, developed through a collaboration between Light Protocol and Helius Labs. Launched on June 21, the solution aims to slash on-chain storage costs by 99%. ZK Compression uses…

Football legend Ronaldinho Gaúcho, mostly known as just Ronaldinho, has recently hinted at re-entering the crypto scene, but his controversial past in the industry has cast a long shadow of doubt. In an X post on June 23, Ronaldinho said…

Interoperability giant LayerZero has experienced a significant drop in the value of its native token, ZRO, which plummeted by 14%, making it the top loser in the crypto market today. At the time of writing, ZRO is trading at $2.68,…

The Bitcoin (BTC) price has been consistently declining over the past two weeks, consequently putting the flagship cryptocurrency in the undervalued zone. BTC dipped by 3.2% in the past 24 hours and is trading at $62,300 at the time of…

On-chain sleuth ZachXBT exposed Martin Shkreli, widely known as “Pharma Bro,” as the creator of the new Solana-based meme coin, called TrumpCoin (DJT). On June 19, Arkham Intelligence announced a $150,000 bounty for exposing the deployer of DJT. A few…

Fetch.ai (FET), SingularityNET (AGIX) and Ocean Protocol (OCEAN) have recorded impressive gains as the Nvidia stock price hikes.  FET is up by 35% in the past 24 hours and is trading at $1.71 at the time of writing. The asset’s…

Injective, an interoperable Layer-1 blockchain for decentralized finance (DeFi) applications, is eyeing diversification into the nascent Web3 gaming ecosystem. On Wednesday, Injective announced its partnership with DEGA, a top game builder platform that’s also deployed on Ethereum, Cardano and BNB…

Despite the aggressive market correction, with Bitcoin’s (BTC) value dropping to the lower end of the $65,000 zone and Ethereum (ETH) trading around $3,500, key market metrics remain optimistic. Notably, Bitcoin is trading at $65,217 at the reporting time, down…

Circuits of Value (COVAL) has witnessed a deep dive in its value as the Coinbase crypto exchange decided to suspend trading for the asset. COVAL plunged by 41% in the past 24 hours and is trading at $0.01 at the…

Ethereum Name Service (ENS) has recorded impressive gains while data shows the token is overbought at this price point. ENS is up by 15.62% in the past 24 hours and is trading at $26.7 at the time of writing. This…

Morpho, a decentralized finance (DeFi) lending and borrowing protocol on Ethereum, has expanded to its first layer-2 with launch on Base, an L2 scaling network for Ethereum that Coinbase introduced in 2023. While Morpho initially launched on the Ethereum blockchain,…

William Paul Peckham, chief business officer at APhone, recently sat down for an exclusive interview with crypto.news, offering his insights on the intersection of Web3 and the mobile gaming sector.  Mobile gaming is booming. It’s a $98.74 billion market, commanding…

Moe Vela, former senior advisor to President Joe Biden and senior advisor to Unicoin, recently spoke to crypto.news, stressing the importance of proactive and balanced cryptocurrency regulations. Former President Donald Trump has boldly declared himself the “crypto president,” positioning cryptocurrency…