Onchain: Exploiting the exploiter, new L2 in town, and token-gating on Spotify

Story One Exploiting the exploiter Remember last year when Solana DeFi flourished despite the chain being down sometimes? Back then, a savvy hacker exploited Wormhole, a bridge between Ethereum and Solana, getting away with $120,000 ETH worth $325 million at the time. Despite being offered a $10 million bounty, the hacker preferred to keep the […]

Australia Announces CBDC Pilot and Study for the eAUD

The Reserve Bank of Australia will work with the private sector to explore more than a dozen use cases.

Australian central bank to launch ‘live pilot’ of CBDC in coming months

The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.

Polygon [MATIC]: Can gaming activity improve DeFi woes? Decoding…

Gaming contributes immensely to Polygon’s activity. DeFi and DEX activity on the network declines. Polygon [MATIC] has shown high activity on its network over the past few months. One reason for the same, as stated by Artemiz on 28 February, would be the increasing gaming interest on the network. Gaming is the dominant category on […]

CryptoSlate Wrapped Daily: Robinhood launches self-custody wallet; Poop emoji Ordinal sold for $28k

The biggest news in the cryptoverse for Mar. 1 saw Robinhood launch its self-custody wallet on Apple’s app store. Elsewhere, Justin Sun of Huobi and TRON fame called for unified regulation in the crypto industry. Plus, news on Binance’s AI art generator, a digital U.S. dollar and Coinbase’s BUSD volumes. CryptoSlate Top Stories Robinhood’s self-custody […]

Doodles CEO: Why In-Person Meetups Are Crucial for NFT Communities

Doodles CEO Julian Holguin, former president of Billboard, sat down with Decrypt’s Stephen Graves at NFT Paris to talk about the strong vibes at the event and the importance of IRL meetups in Web3, what’s next for Doodles and the community, and his prediction that many newer projects won’t survive the crypto winter.

Crypto distribution is uneven among banks as prudential exposure rises: BIS report

One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas.

SuperRare Co-Founder: We Remain Committed to NFT Artist Royalties

SuperRare co-founder Jon Perkins sat down with Decrypt’s Dan Roberts at NFT Paris to talk about the debate over artist royalties, SuperRare’s roots in catering to artists, and building through a bear market.

FTX executive Nishad Singh faces parallel charges from SEC, CFTC

FTX executive Nishad Singh was charged by two U.S. regulators on Feb. 28, adding further allegations to the list of federal charges that he received earlier in the day. The U.S. Securities and Exchange Commission (SEC) and Commodities and Futures Trading Commission (CFTC) filed the latest sets of charges. Both agencies accused Singh of mismanaging […]

‘Crypto Can Save the Capitalist Narrative’: Animoca Chairman Yat Siu

The Web3 entrepreneur believes crypto’s current PR problem is owed to its association with capitalism—but it’s not one the industry should shy away from, he says.