Author: Crypto Insider

Crypto exchanges FTX and Binance are leading the auction for embattled crypto-lender Voyager, the Wall Street Journal reports. Sources said Binance leads slightly over FTX, with a bid of $50 million. The auction winner is set for an announcement at a Sept. 29 hearing. The auction for Voyager began last week in the law offices…

Equity exchange Nasdaq plans to become an institutional crypto custody service taking on established crypto players like Coinbase. This move is in line with its broader mission to be a crypto service provider rather than facilitate crypto trading. Nasdaq, which operates markets in the US and global equities, is not a newcomer to the crypto…

Algorithmic market maker service Wintermute suffered a hack on Sept. 20, with a loss from the platform’s portfolio of around $160 million across 90 assets. Wintermute stated that it has no solvency concerns, calling the hacker to engage in a “whitehat” response. Evgeny Gaevoy, Wintermute founder and CEO, said on Twitter that “we’ve been hacked…

Metaplex, creator of the NFT protocol on Solana, is launching an MPLX governance token and will conduct an airdrop for NFT creators. Metaplex said it took a snapshot of eligible creators who created NFTs via Metaplex by August 24 and has removed of the airdrop hundreds of wallets “believed to belong to bad actors.” Metaplex…

DeFi product builder Coin98 Labs is rolling out the Coin98 Dollar (CUSD), the fully collateralized decentralized stablecoin for the Coin98 cross-chain ecosystem. Coin98 sees CUSD as the default exchange unit across all Coin98 Finance products, with distant plans to gradually expand it into other DeFi ecosystems. As the world of multi-chain expands, it significantly drives…

Not every digital artwork needs to be an NFT. After all, NFTs can already do so much more, notes Abigail Carlson on Decrypt. I had a realization recently while wandering through the Musée Matisse in Nice, France, where I went to see a temporary exhibit on David Hockney. If you’re not familiar, Hockney is considered…