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Nalezeno "protocols": 629

ZKX Shutdown: Amber Group Slams the Protocol’s Lack of Transparency


Amber Group has criticized ZKX protocol’s abrupt decision to cease operations, stating that it sets a concerning precedent. Hashkey Capital, another market participant, has also expressed dissatisfaction with ZKX’s lack of transparency and accountability. ZKX founder Eduard Jubany Tur identified...

Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate


The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support this assertion, Zhu highlights Solana’s ecosystem growth despite...

The Protocol: Bitcoin Gets Political as U.S. Government Ponders Airdrops


In this week's issue of CoinDesk's newsletter on blockchain tech, we examine U.S. Senator Cynthia Lummis's call for a national "Bitcoin Strategic Reserve." We've also got photos from the Bitcoin Nashville conference, where it seemed like nearly everyone was talking about staple-gunning layer-2...

Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE


Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300...

290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch


According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2 million circulating supply. Shift in Liquid Staking:...

Mountain Protocol’s conventional USDM gets activated on Arbitrum


Mountain Protocol positions and activates its conventional USDM on Arbitrum, an initial certified and permissionless stablecoin. It has the complete support of the US Treasuries and provides an APY of 5% via daily rewards.  This will enable the Arbitrum community to connect with a simplified...

Coingecko Data Breach Affects Nearly 2 Million Users


Coingecko experienced a data breach on June 5, compromising the personal information of nearly 2 million users. The breach occurred through its third-party email platform, Getresponse. Third-Party Email Platform Breach Hits Coingecko On June 5, 2024, Coingecko detected unusual activity on...

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