Crypto Insights
Transit Swap confirmed that the hacker had returned 70% of the $21 million stolen funds one day after the exploit. Read more here.
Ferrari will begin accepting cryptocurrency payments in the U.S. and plans to extend this to Europe. Read more here.
The price of the dog-themed token Floki (FLOKI) increased over 100% after a community vote approved a proposal to burn 2% of its supply. Nearly 90% of votes supported the burn, with a top voter contributing significantly.
The OECD submitted a new global crypto tax transparency framework, which will be presented to G20 leaders for discussion at the meeting tomorrow. Read more here.
Today’s outperformer is TIA, which jumped 21.6% after more protocols announced that they will be integrating with Celestia's rollups-as-a-service platform.
Decentralized exchange dYdX is migrating from the Ethereum network to Cosmos and plans to offer a "purely decentralized" order book. Read more here.
The United Nations has partnered with the Internet Governance Forum and the Government Blockchain Association to create a blockchain standards group called the Dynamic Coalition. Read more here.
BlackRock's proposed iShares spot Bitcoin ETF has been listed on the DTCC, a key step suggesting that the ETF is closer to getting approval from SEC
MapleStory is taking a thrilling leap into the web3 realm with MapleStory Universe! Read more here.
Frax Finance announced the launch of its own layer-2 blockchain, Fraxchain, by the end of 2023. Read more here.