MetaFi

Recent Price Spikes of Solana and Cardano

•Solana saw its value spike by over 21 percent late Sunday, according to data from CoinGecko, reentering territory not seen since November. • Cardano, the eighth-largest cryptocurrency by market cap,...
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An Analysis of the Magic Eden NFT NSFW Incident

What really caused the NSFW slip-up on the Solana NFT marketplace? •On Jan. 3, the NFT marketplace Magic Eden experienced a problem where clicking on a collection’s page brought up...
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Coinbase and NYDFS Settle $100 Million Dispute

In response to inquiries concerning shortcomings in its compliance program, Coinbase and the New York Department of Financial Services came to a $100 million settlement. • The NYDFS fined Coinbase...
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RealZoo: Yipy’s Successful Crypto-Based Card Game Shines More Bad Light On Logan Paul

An indie game developer by the name of Yipy has released a game he calls RealZoo, which mimics Logan Paul’s vision for CryptoZoo. • The signup and login process is...
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DeLabs and DeGods Make the Move to Polygon with a $3 Million Grant

•DeLabs, the startup behind top Solana NFT collections DeGods and y00ts, has revealed that it received a $3 million grant to move y00ts to the Ethereum sidechain Polygon. • According...
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Shopify has announced that its merchants can now sell NFTs through Venly’s Avalanche app.

• This is available to all Shopify merchants, letting them mint and sell NFTs through a no-code interface. • Thanks to Venly, those NFTs can now be minted on Avalanche....
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New York State Takes Action Against Crypto Fraud Allegations and Coinbase Compliance Failures

•New York’s attorney general is suing ex-Celsius boss Alex Mashinksy for defrauding investors. • The lawsuit alleges that Mashinsky lied to customers and hid the true extent of Celsius’s financial...
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Huobi’s Restructuring and the Rumors of Insolvency

•Huobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring following Justin Sun’s acquisition of the firm. • Huobi has established...
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U.S. Justice Department Arrests NFT Founder for Fraud

•The U.S. Justice Department announced Thursday it had arrested and filed criminal charges against the founder of an NFT project it alleges “rug pulled” holders and defrauded them of $2.9...
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