US prosecutors will not retry their wire fraud and money laundering case against a former manager at the nonfungible token platform OpenSea, following a federal appeals court’s July reversal of the convictions.... Read more »

Decentralized finance (DeFi) protocol Aave transferred stewardship of the social infrastructure protocol Lens to Mask Network, shifting responsibility for advancing consumer-facing social applications while retaining Lens as open-source infrastructure. Statements from both... Read more »

Magic Eden CEO and co-founder Jack Lu says the crypto industry is entering a “speculation supercycle,” driven by a boom in prediction markets and betting platforms that are blending finance with entertainment.... Read more »

Animoca Brands has acquired gaming and digital collectibles company Somo, adding Somo’s playable and tradable collectibles to its broader portfolio of blockchain-based projects. The company said on Wednesday it plans to integrate... Read more »