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VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
18.10.2022
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such...
Timeless Finance’s Bunni protocol makes Uniswap v3 liquidity composable
17.10.2022
The tokens have encouraged integrating Uniswap liquidity into different apps. Using former staking contracts, it aims to replace bespoke contracts to incentivize Uniswap v3 liquidity. The new venture also made borrowing collateral easy by using Uniswap liquidity. This protocol has made the...
The Girles Token Presale Raised Over $1 Million – What to Expect?
16.10.2022
Girles Token is a decentralized NFT GameFi token created on the Ethereum platform that also has a Proof-of-Staking protocol. The Girles Token is the main product in the Girles Metaverse, which has applications in over 15 different products. Girles Token was tested before being released on the main...
Interest Protocol partners with Chainlink BUILD
14.10.2022
Interest Protocol published an official blog post to share the news with the community that it has partnered with Chainlink BUILD to boost its adoption on Ethereum. Chainlink will offer enhanced support to the protocol, including access to its oracle solutions. Interest Protocol, in return, will...
Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022
14.10.2022
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm...
AFKDAO’s new protocol lends autonomous interest rate
14.10.2022
In its way and method, AFKDAO has a focussed and ambitious plan laid out in front of them in the form of creating the new age analytical and independently based protocol, which will contain within itself interest rate lending, something akin to the concept of Compound Finance. However, in this...
Uniswap protocol raises $165 M & unlocks rewards globally
14.10.2022
A trading platform Uniswap announced that they had received funding of $165 million in series B to enhance transparency among more users. Its vision is to provide easy access to every user of web3. Hayden Adams, CEO at Uniswap Labs, brought security and simplicity to Uniswap Labs, for which...
MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes
14.10.2022
Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations
Time to switch from LinkedIn to MetaMask? Not yet, but soon
13.10.2022
Thanks to NFTs, crypto wallets will soon enable users to prove their credentials without using third-party background checks
Sustainable Bitcoin Protocol Wants to Make Bitcoin a Climate-Positive Asset
13.10.2022
Push Protocol introduces Push Chat
13.10.2022
Push Chat is expected to lead the evolution in the Web3 sphere. It looks like a normal messaging platform; however, it has a slight twist with an added pinch of Web3 features. Powered by Push Protocol, Push Chat has gone live with its alpha version on October 10, 2022. The alpha version...
Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March
12.10.2022
According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack published by Certik explains that the attacker manipulated the price of the project’s native token...
Mango Markets Protocol Suffers $100 Million Exploit
12.10.2022
The Mango Markets protocol has experienced an exploit that allowed a person or group to get away with around $100m worth of various cryptoassets.
Per a Twitter thread from Mango Markets, the exploit was carried out by a person or group funding an account with the stablecoin USDC, and later taking...
Lit Protocol: Public Key Infrastructure for a Decentralized World
11.10.2022
Lit's David Sneider, a presenter at the CoinDesk I.D.E.A.S. conference, wants to decentralize public key cryptography
Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday
11.10.2022
Ethereum classic remained close to a three-month low in today’s session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July. Ethereum Classic...
DeFi Protocol Temple DAO Struck by $2.3M Exploit
11.10.2022
Temple DAO, a DeFi protocol that offers users yields on deposits, has been hit by a $2 million exploit, according to blockchain security firm PeckShield
Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
11.10.2022
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%
10.10.2022
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded...
What is Lens Protocol, and how does it work?
7.10.2022
In this guide, we share all you need to know about Lens Protocol, a decentralized social graph that simplifies building Web3 social platforms
MakerDAO goes ahead with $500M investment in treasuries and bonds
7.10.2022
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield