MakerDAO DAI‘s stablecoin supply increased by $200 million after its interest rate increased by 8% for holders depositing into the protocol. On Aug. 6, MakerDAO’s founder Rune Christensen revealed that Dai Savings... Read more »

The following is an op-ed by Maria Eisner, the ESG & Sustainability Lead at Concordium. As Web3 strives for mass adoption, layer 1 protocols should treat users – especially their developers –... Read more »

Open Exchange (OPNX), a platform for crypto claims trading, has submitted an offer to take over troubled crypto lender Hodlnaut, Bloomberg reported on August 6. Hodlnaut filed for bankruptcy protection last August... Read more »

The attacker who targeted Curve Finance, a decentralized finance (DeFi) protocol, has begun returning some of the stolen funds. The attacker sent 4,821 Ethereum (ETH), worth approximately $9 million, in a series... Read more »

Alex Mashinsky failed to get the civil lawsuit brought against him by New York Attorney General Letitia James thrown out in court on August 4. A Manhattan state court judge gave the... Read more »

In a recent quarterly earnings call on Aug. 3, Apple CEO Tim Cook emphasized the company’s extensive use of artificial intelligence (AI), a technology dramatically reshaping the tech industry. Cook said during... Read more »

Matter Labs CEO Alex Gluchowski described Polygon Zero’s allegation that zkSync copied their code without proper attribution as “unfounded, misleading, and extremely disappointing,” according to an Aug. 4 post on X, formerly... Read more »

X, formerly known as Twitter, intends to build an in-app trading hub, business news site Semafor reported on Aug. 3. The social media company reportedly has sent out requests for proposals to... Read more »

Bankrupt FTX wants the court to remove its Dubai subsidiary from the entities subject to U.S. bankruptcy proceedings, according to an Aug. 2 court filing. FTX revealed that its Dubai subsidiary, licensed... Read more »