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Azuki-teases-anime-series,-new-artwork-after-missing-the-mark-on-elementals-mint

Azuki Teases Anime Series, New Artwork After Missing the Mark on Elementals Mint

In the wake of Tuesday’s poorly received “Elementals” non-fungible token (NFT) mint, blue-chip NFT brand Azuki addressed its mistakes and laid out its plans to revive its NFT ecosystem.Azuki this week released its latest 20,000-edition NFT collection titled “Elementals,” which promptly sold out in 15 minutes and brought in $38 million. But backlash was swift…
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Over-$204m-lost-to-defi-hacks-and-scams-in-q2:-finance-redefined

Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The second quarter of 2023 saw over $208 million exploited and hacked from DeFi protocols, and with just $4.5 million of funds recovered, total losses to exploits were…
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Polygon-proposes-architecture-for-‘polygon-2.0,’-including-aggregator-bridge

Polygon proposes architecture for ‘Polygon 2.0,’ including aggregator bridge

The forthcoming multichain system will use zk proofs to transfer assets between networks. Polygon Labs, creator of the Polygon network, has proposed an architecture for its forthcoming “Polygon 2.0” project. The team suggested in a June 29 blog post that the new project should be made up of four different “layers” that will combine to…
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Celsius-will-begin-selling-altcoin-portfolio-into-btc-and-eth

Celsius Will Begin Selling Altcoin Portfolio Into BTC and ETH

Bankrupt crypto lender Celsius has been granted permission to begin liquidating its altcoins into Bitcoin (BTC) and Ether (ETH). This will occur before distributions to creditors take place, who expect to receive their assets denominated only in the top two cryptocurrencies by market cap.  According to Bankruptcy judge Martin Glenn, Celsius “may sell or convert…
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Vls-beta-for-major-security-enhancement-of-lightning-nodes-released

VLS Beta For Major Security Enhancement Of Lightning Nodes Released

In a significant development for the Bitcoin Lightning Network, the Validating Lightning Signer (VLS) beta release has been announced, aiming to address the growing security concerns within the network. The VLS solution, an open-source Rust library and reference implementation, separates a user's private keys from their Lightning node, providing an extra layer of protection against…
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Applied-digital-stock-surges-12%-after-announcing-its-third-ai-deal

Applied Digital Stock Surges 12% After Announcing Its Third AI Deal

Shares of Applied Digital Corporation (APLD), a Texas bitcoin mining and data center firm, surged 12% on Friday, as the firm announced its third deal in the field of artificial intelligence (AI).Under the partnership, Applied Digital's AI cloud service will use supercomputers designed by Hewlett Packard Enterprises (HEP) and built using NVIDIA H100 graphics processing…
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Crypto-vc-is-struggling-only-from-a-north-american-perspective-—-animoca-brands-ceo

Crypto VC is struggling only from a North American perspective — Animoca Brands CEO

Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not "as bad as it sounds". The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while…
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Celsius-to-potentially-sell-more-than-$170m-in-ada,-matic,-sol-and-altcoins-for-btc,-eth

Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH

Crypto lending company Celsius may begin selling its major holdings in Cardano (ADA), Polygon (MATIC), Solana (SOL) and a handful of other altcoins on July 1 following approval by the judge overseeing its bankruptcy proceedings.According to court documents from last December, Celsius controlled 90 million MATIC, 103 million ADA, 161,000 SOL, 3.3 million LINK, 1.8…
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