Arbitrum to Repeat Vote After First Proposal Encounters 75% Opposition
Arbitrum's recently airdropped token ARB tanked over the weekend following a governance crisis resulting from the failure of DAO's (decentralized autonomous organization) vote. Initially, Arbitrum...
Dogecoin Sheds 5.5% as Broader Market Holds Steady
The crypto market has held steady since the start of the month. However, Dogecoin has not been doing quite well in the last two days....
What’s Crypto Contagion, and How Does it Affect the Market?
Crypto contagion can be described as a negative event in the crypto market that prompts a chain reaction, leading to a wider market downturn. There...
Two zkEVM Launches and an Arbitrum Airdrop – Welcome to Rollup Season
Two mainnet launches and a layer-2 airdrop have the market asking for more scaling action. Arbitrum conducted its long-awaited airdrop on March 23. The buzz...
Singapore Court Rejects Babel Finance’s Request for Creditor Protection Extension
Babel Finance's ex-CEO and founder, Yang, announced that the Singapore court had held back the proposal to extend creditor protection for the crypto finance service...
Judge Orders 3AC Founder to Submit Financial Documents
Martin Glenn, the judge overseeing the bankruptcy case of Three Arrows Capital, has once again ordered the co-founder of the company Kyle Davies to surrender...
SafeMoon’s Liquidity Pool Compromised, Security Firm Blames Public Burn Bug
DeFi protocol SafeMoon announced on Tuesday that its liquidity pool had been compromised. The company, however, assured its community that it was working to solve...
What’s a Decentralized Autonomous Organization (DAO)?
Decentralized autonomous organizations, popularly known as DAOs, are transforming how companies operate. These organizations are replacing the traditional bureaucracy with flat management structures controlled by...
What is GameFi? A quick intro to gaming in Web 3.0
By enabling players and producers to earn cryptocurrencies and NFTs via gameplay, GameFi blends the power of gaming and money. Imagine the following scenario: you're...
Billionaire Tim Draper Urges Businesses to Hold BTC in the Silicon Valley Bank Aftermath
Venture capitalist Tim Draper has asked businesses to hold some funds in Bitcoin and other crypto assets, stating that it is the only way to...