Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. Moreover, since December 2021, the top smart contract platform tokens have lost 70% in value against the U.S....
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The U.S. SEC and securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating the decision by crypto lender Celsius Network to freeze withdrawals, Reuters...
Revoland Holding IDO on EverStart
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token that provides a payment and settlement method to interact with Revoland’s ecosystem.Revoland is the first blockchain-based MOBA game on Huawei...
Music Publishers Launch Crackdown on Copyright Infringing Apps
The music industry has battled against various forms piracy for several decades, but it’s hard to root out. Many of the enforcement efforts are targeted at services or tools that offer pirated content, but there are less visible copyright infringement challenges too. Unlicensed Platforms and Apps In recent years music publishers have repeatedly spoken out against online platforms that use their music without a proper license. These...
Big Tech Protests US Pirate Site Injunction “Power Grab” Against Cloudflare
This April, United King Film Distribution, DBS Satellite Services, and Hot Communication (all members of Israel-based anti-piracy group Zira) won three copyright lawsuits against three pirate streaming sites. The operators of Israel-tv.com, Israel.tv and Sdarot.tv failed to appear, so the court held them liable for millions in statutory damages and signed off on an extremely broad injunction requiring every ISP in the country to block...
