Tagged: Web3

May 5, 2026 @ 1:44 pm By Omar Faridi  |  

Decentralized finance, or DeFi, has been a hot buzzword for the past 7 years. Although DeFi total-value-locked or TVL has surged dramatically over the years from merely $500 million (roughly speaking) in 2018 to currently in the tens of billions of dollars (according to available data), the… Read More

April 28, 2026 @ 8:10 am By Omar Faridi  |  

Social media platform X has suspended the verified official account of Monad, a rising Layer-1 blockchain project, prompting immediate concern across the cryptocurrency sector. The suspension took effect on April 28, 2026, and had lasted several hours with no immediate public statement from either X… Read More

April 21, 2026 @ 12:19 am By Omar Faridi  |  

Nansen noted that in the ecosystem of blockchain analytics, traditional access models have long frustrated developers and AI-driven systems. Monthly subscriptions, mandatory approvals, and fixed commitments often create barriers, especially for unpredictable usage patterns. Nansen, an onchain intelligence platform, has eliminated these hurdles by adopting… Read More

April 16, 2026 @ 9:55 am By Omar Faridi  |  

French banking provider Societe Generale has partnered with Consensys, a prominent blockchain technology firm. The collaboration aims to make SG-Forge’s USD CoinVertible stablecoin readily available to users of MetaMask, the leading self-custodial web3 wallet, thereby opening up its features to a vast global audience.  Announced… Read More

April 14, 2026 @ 8:56 am By Omar Faridi  |  

The US government has introduced a cybersecurity information sharing initiative for the crypto and blockchain industry. The digital currency ecosystem has often been a major target for cybercriminals. Recently, the developers of Drift Protocol were focused on suspending all platform deposits as well as withdrawals… Read More

April 14, 2026 @ 8:29 am By Omar Faridi  |  

Meta (Facebook) (NASDAQ:META) is reportedly considering significant staff cuts that could affect at least 20% of its employees. According to unnamed insiders who shared insights with Reuters, the specifics—such as the exact schedule—remain undecided. A company representative dismissed the claims, describing them as “hypothetical speculation on… Read More

April 13, 2026 @ 9:24 am By Omar Faridi  |  

On April 13, 2026, the bridge facilitating Polkadot’s DOT token transfers to Ethereum was compromised. Unauthorized actors have allegedly exploited administrative privileges in the bridge’s smart contract on the Ethereum network, enabling the creation of 1 billion unbacked DOT tokens. These tokens were then rapidly… Read More

April 10, 2026 @ 3:15 am By Omar Faridi  |  

Leap Wallet—the Cosmos ecosystem’s leading multi-chain wallet provider—has officially declared it will cease all operations. The full shutdown is scheduled for May 28, 2026, giving users roughly two months to transition their holdings and activities to alternative platforms. Leap Wallet launched in 2022 with a… Read More

April 8, 2026 @ 1:11 am By Omar Faridi  |  

As part of a seemingly decisive step toward elevating protection standards in the blockchain space, the Solana Foundation has launched STRIDE, a new comprehensive security framework designed to enhance safeguards for decentralized finance applications built on its network. Unveiled on April 6, 2026, in collaboration… Read More

April 7, 2026 @ 6:17 am By Omar Faridi  |  

Polygon is preparing to roll out a significant network upgrade known as the Giugliano hard fork, designed to deliver noticeably quicker transaction finality across its proof-of-stake chain. Scheduled to activate on April 8 at block height 85,268,500—approximately 2 p.m. UTC—this change represents the latest step… Read More

April 6, 2026 @ 9:01 pm By Omar Faridi  |  

The cryptocurrency sector is experiencing a sharp wave of closures as the ongoing bear market exposes vulnerabilities across decentralized finance, NFTs, wallets, and gaming. In early April 2026, a DeFi analyst highlighted 21 projects that have announced shutdowns or major service reductions in recent months…. Read More

April 6, 2026 @ 1:21 pm By Omar Faridi  |  

In the evolving ecosystem of web3, cryptocurrency platforms and decentralized technologies, the Canton Network has surged into the spotlight as one of the most talked-about initiatives on platforms like X and beyond. Industry observers frequently describe it as a somewhat pioneering effort, capable of reshaping… Read More

April 2, 2026 @ 7:09 pm By Omar Faridi  |  

Venture capital firm Paradigm is poised to expand its footprint in the rapidly expanding prediction markets sector by developing a dedicated trading terminal tailored for sophisticated participants. According to sources cited by Fortune, the firm—already a significant backer of leading platforms in the space—is crafting… Read More

March 30, 2026 @ 2:03 am By Omar Faridi  |  

Balancer Labs, the corporate entity behind of one of decentralized finance’s longest-running automated market makers, is winding down operations. Co-founder Fernando Martinelli announced the decision in a governance forum post on March 24, 2026, roughly five months after a devastating exploit in November 2025 drained… Read More

March 26, 2026 @ 2:31 pm By Omar Faridi  |  

Polygon, originally launched in 2017 as a general-purpose Ethereum scaling solution, has repositioned itself as a specialized payments blockchain in 2026. CoinGecko’s new report details how the network has strengthened its infrastructure, forged strategic partnerships, and delivered impressive on-chain activity metrics despite a broader industry… Read More

March 25, 2026 @ 1:19 pm By Omar Faridi  |  

Decentralized prediction markets platform Polymarket has unveiled a major policy shift: starting March 30, it will impose taker fees on nearly all trading categories for the first time. The new structure introduces variable rates that peak at 1.8 percent for crypto-related contracts, with effective fees… Read More

March 22, 2026 @ 3:29 pm By Omar Faridi  |  

Insights from ConsenSys have indicated that Autonomous artificial intelligence agents have moved beyond simple chatbots to become active participants in the cryptocurrency economy. These sophisticated systems independently execute trades, oversee digital wallets, and transfer funds across blockchain networks at speed, often operating with broad permissions… Read More

March 22, 2026 @ 3:28 pm By Omar Faridi  |  

MetaMask has pointed out that as blockchain and web3 technology adoption surges, real-world asset (RWA) tokens are emerging as a bridge between traditional finance and decentralized technology. These digital representations grant ownership rights to physical or conventional assets—ranging from government bonds and real estate to… Read More

March 20, 2026 @ 7:27 am By Omar Faridi  |  

Prediction market platform Kalshi Inc. has completed a substantial new financing round, pulling in more than $1 billion and elevating its overall company worth to $22 billion. This development, shared by individuals close to the transaction, represents a striking leap forward for the innovative fintech… Read More

March 19, 2026 @ 9:03 am By Omar Faridi  |  

Cloudflare Inc. (NYSE: NET) saw its shares climb sharply Wednesday, gaining more than 6 percent to close at $225.48, after reports emerged that prominent cryptocurrency players are racing to handle the issuance of the company’s forthcoming stablecoin. According to sources familiar with the discussions, Coinbase… Read More