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Tag: The Defiant

Crypto Broker Voyager Suspends Withdrawals and Trading After 3AC’s Loan Default

Voyager, a crypto broker, has suspended withdrawals, trading, deposits and loyalty rewards from its app following Three Arrows Capital’s default on its loan.  The company...

FTX Reaches Deal to Acquire BlockFi for Up to $240M as CeFi Lenders Buckle Under Market Pressure

FTX, the second-biggest cryptocurrency exchange by trading volume, has signed an option to purchase crypto lender BlockFi for as much as $240M, BlockFi CEO...

Axie Infinity Guilds Rush to Aid Players as GameFi Pioneer Craters Axie Players and Guilds Hope Origin Upgrade Will Revive Beloved Game

Axie Infinity’s moment in the sun is over. That much is clear.  In the last 12 months, the trailblazing play-to-earn gaming project has lost almost...

Three Arrows is Under Investigation in Singapore for Providing False Information to the Country’s Central Bank

Authorities in Singapore are investigating troubled crypto hedge fund Three Arrows Capital, the country’s central bank announced Thursday. The Monetary Authority of Singapore in a...

MakerDAO Jolts its Members with Bold Governance Proposals Storied DeFi Player Struggles to Balance Growth and Decentralization

The great DAO test has begun.  There were always bound to be challenges running a new kind of business that relies on democratic decision-making. Companies,...

Arbitrum Pauses Odyssey as Gas Prices Spike

Arbitrum, the Layer 2 scaling solution, has abruptly paused its Odyssey program after it launched last week. The project cited a heavy load of transactions...

Puncturing the Hype About Illicit Finance in Crypto Data Shows TradFi Remains the Channel of Choice for Dirty Money

From the BBC to Reuters, the world’s leading mainstream media outlets steadily deliver provocative headlines implicating cryptocurrencies as primary facilitators of illicit activity. The...

Lido Voters Reject Limiting Growth In Key Move For Eth2

After four days of voting, Lido, the largest liquid staking protocol on the Ethereum network, appears poised to reject calls to limit its own...

Nexo Demands Anonymous Twitter Account Stop Maligning Firm

In a dustup that demonstrates the rising tension in crypto, Nexo, a lending platform, demanded Monday that an anonymous Twitter account stop disparaging the...

DEX Lets Customers Make $100,000 Transfers with No Identity Check

Big money transfers? With no know-your-customer requirements?In the TradFi world that would be impossible. In DeFi, it’s part of the anonymous ethos. Now a...

CoinFLEX Sets $47M Token Sale to Save Itself From Sinking Whale

When a whale went went sideways on a massive position in CoinFLEX, the centralized crypto exchange should have been able to automatically liquidate the...

Harmony Hacked, Yuga Strikes, Blockfi on the Rocks

Yes, we’re back from New York City and back into the grind of a market that has recovered a smidge of its dignity, total...

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