Highlights:Volo decentralized finance protocol reports a security breach, losing approximately $3.5 million in digital assets.The hack targeted specific vaults but the majority of assets remain safe, with plans for remediation in place.Volo has successfully frozen around $2 million of the stolen funds and is collaborating with ecosystem partners for recovery...
Month: April 2026
Bank of Korea Governor Advocates for CBDCs and Deposit Tokens in Pioneering Speech
Shin Hyun-song, the newly appointed Governor of the Bank of Korea, expresses support for central bank digital currencies (CBDCs) and tokenized deposits. The Bank of Korea is set to advance its pilot project โProject Hangang,โ focusing on a blockchain-based wholesale CBDC system. Geopolitical risks and their effects on the economy...
Animoca Brands Strengthens Its Position: Somo Joins the Roster as NFT Market Surges in 2026!
Highlights Animoca Brands has successfully acquired gaming and digital collectibles company Somo, integrating its functionalities into its broader blockchain ecosystem. The NFT market experienced a robust recovery early in 2026, with a 20% increase in market capitalization within just two weeks. Despite these recent gains, the NFT sector remains significantly...
Foundation Closes NFT Marketplace Following Unsuccessful Auction
HighlightsFoundation, a prominent NFT marketplace, is shutting down after a failed acquisition by Blackdove.The closure reflects the ongoing decline in NFT trading activity and market consolidation.Despite challenges, some industry experts believe the NFT sector could eventually recover.Foundation's Rise and FallFoundation, a notable player in the NFT marketplace landscape, has announced...
Revealed: Why Crypto Protocols Keep Market-Maker Terms Under Wraps
Highlights Less than 1% of analyzed crypto protocols disclose market-making arrangements, creating a significant transparency gap. Only 18% of protocols provide quarterly updates, and 8% issue token holder reports, despite 91% generating trackable revenue. Market-maker structures may lead to detrimental market behaviors, raising concerns about their implications for early-stage projects....
