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Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures
6.5.2022
PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient...
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund
6.5.2022
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous...
‘Decentralized Twitter’ Bluesky releases code, outlines content moderation
6.5.2022
Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.”
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
5.5.2022
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s...
Decentralized Exchange MM.Finance Suffers $2M Exploit
5.5.2022
Cronos-based DeFi project MM.Finance has suffered an exploit to its front-end, losing $2 million
How STACKD Finance Services Make DeFi Safer for Everyone
5.5.2022
Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will leave the traditional financial system behind and use dApps, tokens, and other digital innovations for economic purposes. However, DeFi is still in its infant stage, leaving room...
Filecoin Foundation and MuckRock Seek to Integrate Decentralized Document Storage
4.5.2022
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed
4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...
Arweave-Based Bundlr Raises $5.2M to Boost Decentralized Storage
4.5.2022
Bundlr aims to scale Arweave by allowing for near-instant transaction finality
Decentralized VC and Launchpad BullPerks Introduces the Incubation Program
2.5.2022
BullPerks, one of the fairest and most community-dedicated crypto launchpads, is announcing the launch of the incubation program aimed to support impactful DeFi projects on their way from the idea to execution. The enormous startup process is something that even an established entrepreneur can find...
Indian IT Ministry directs crypto exchanges to store user data for 5 years
2.5.2022
The new directives for VPN service providers and crypto exchanges would require them to collect critical private information as well as the ownership patterns of customers
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
Rari Fuze hacker offered $10M bounty by Fei Protocol to return $80M loot
1.5.2022
DeFi investigator BlockSec’s monitoring system detected a loss of more than $80 million — citing the root cause as a typical reentrancy vulnerability
Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs
30.4.2022
Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by...
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
30.4.2022
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit....
How to Build Decentralized Twitter
29.4.2022
Crypto-based social media will be shaped by existing statutes, regulations and norms – and may be limited by its tech
Layer 2, Decentralized Exchanges Show Strong Growth on Ethereum in Q1 2022
29.4.2022
However, the average daily active addresses increased nominally, implying most growth came from existing users
“DeFi is not decentralized at all,” says former Blockstream executive
28.4.2022
Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization
Blockchain and crypto can be a boon for tracking financial crimes
28.4.2022
The notion of crypto being a tool for money laundering is often propagated by naysayers that include policymakers with a stake in the traditional financial system
Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...