Base DeFi project disappears after rug pull
BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract.
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Synthetix, Kwenta launch v3 perpetuals on Arbitrum
The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October.

DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’
Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach $507 billion by 2028. Moreover, the total value locked within DeFi currently exceeds $75 billion, demonstrating fast-paced growth compared to previous months this year.Yet, DeFi’s potential may still not be realized by business…

Changpeng Zhao’s next move could involve decentralized science
Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector.In a comment on X (formerly Twitter) on Tuesday, Nov. 28, the former Binance CEO revealed an interest in the rapidly developing sector.Been reading about biotech, thinking about how

Palau partners with Soramitsu on blockchain-based bond platform
The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology.
Binance Japan begins launching trading services for residents
The Japan-based crypto exchange said it was offering spot trading for 34 tokens as of Aug. 1, with plans to migrate global Binance users starting on Aug. 14. 198 Total views 2 Total shares Major cryptocurrency exchange Binance has announced the launch of a Japan-based arm roughly two years after receiving a warning from the…

Blockchain-for-Land: What We Are Getting Wrong and How to Fix It
Tim Robustelli is a Program Associate with the Future of Property Rights Program at New America, a think tank based in Washington, D.C.The flurry of activity related to blockchain-for-land over the past few years is impressive, with a number of firms working with land registries worldwide.Yet, skepticism is growing around the technology’s potential for land…

Ethereum price rally under question after ETH slams into resistance at $1.6K
Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity to breach the $200 billion market capitalization mark. Ether/USD price index, 2-day. Source: TradingViewIf Ethereum price were to break above $1,600, it…

Australian Securities and Investments Commission Officially Warns Against OneCoin
The Australian Securities and Investments Commission (ASIC) has warned the public that crypto project OneCoin “could be involved in a scam,” according to a notice released on May 28.The Australian financial regulator has issued an official warning against OneCoin, the entity operating under website onecoin.eu, urging the public to not deal with this company as…