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4 DeFi Insurance Protocols Building Safety Nets for Crypto Investors


  Decentralized finance (DeFi) is one of the most impactful innovations in the global crypto markets, enabling crypto traders and investors to earn double/triple-digit yields on their holding. However, using DeFi applications comes with its own share of risks, with protocol hacks being relatively...

How to Use Layer-2 Solutions to Save on Ethereum Fees: Immutable X


  The Ethereum (ETH) network has been struggling to scale, plagued with skyrocketing gas fees and slow transaction confirmation times. Following the explosion of decentralized finance (DeFi) and non-fungible tokens (NFTs) over the last two years, the strain on the network has become palpable...

User Registration and Auth Using Firebase and React


The ability to identify users is vital for maintaining the security of any applications. Equally important is the code that’s written to manage user identities, particularly when it comes to avoiding loopholes for unauthorized access to data held by an … User Registration and Auth Using...

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet


On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further...

EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche


PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockchains, the EverRise token (RISE) and ecosystem is now available on a total of...

OpenSea Denies Hack and Bug Allegations, Claims Issue is Related to UI


  Major non-fungible token (NFT) platform OpenSea has denied hack allegations, saying that yesterday's issue was related to user interface (UI) design. "This is not an exploit or a bug – it’s an issue that arises because of the nature of the blockchain," the OpenSea spokesperson told...

OpenSea Is Reportedly Being Exploited


  Major non-fungible token (NFT) platform OpenSea is reportedly under attack, with the perpetrator drawing out hundreds of ethereum (ETH). Security and data analytics company PeckShield said today that OpenSea seems to be experiencing “a front-end issue,” while the exploiter got some ETH...

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