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Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
14.4.2024
A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered...
Azuro Raises $11M Led by SevenX Ventures and Arrington Capital
11.4.2024
Azuro, a decentralized autonomous organization (DAO) building a protocol for blockchain-based predictions, has raised $11 million with investment from SevenX Ventures and Arrington Capital.
The post Azuro Raises $11M Led by SevenX Ventures and Arrington Capital appeared first on Cryptonews
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
11.4.2024
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain...
Uniswap Labs Hit with Wells Notice by SEC: Vows to Fight Back
11.4.2024
Uniswap Labs, the creator of the Uniswap decentralized exchange (DEX) protocol and behind the issuance of the UNI token, has just been hit with a Wells Notice by the US Securities and Exchange Commission (SEC), but vows to fight back.
The post Uniswap Labs Hit with Wells Notice by SEC: Vows...
Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight
10.4.2024
In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice. SEC Sends Decentralized Exchange Uniswap a Wells...
EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality
10.4.2024
The "restaking" protocol with $15 billion in deposits won't pay rewards to depositors and is missing its mission-critical "slashing" feature
Raindex unveils debut on Flare Network, empowering decentralized CEX-style trading
10.4.2024
Raindex, a pioneering decentralized exchange (DEX), has officially launched on the Flare Network, introducing a novel approach to decentralized trading that mirrors the user experience of centralized exchanges (CEX). This milestone represents a significant leap forward in the evolution...
Niraj Pant, Co-founder of Ritual, on The Future of Crypto and AI, Decentralized AI, and Applying ML to DeFi | Ep. 324
9.4.2024
Ritual co-founder Niraj Pant discusses why blockchain and AI haven’t joined hands yet and how blockchain is reaching the point where it’s ready to do that, how the relationship between AI and crypto is mutually beneficial, the lack of AI-enabled dapps and what Revolut is doing about it, the...
Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael Amar
6.4.2024
The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market participants during this period demonstrates a...
Uniswap Hits $2 Trillion in Lifetime Trading Volume, Rivals Major CEXes
5.4.2024
Decentralized exchange (DEX) Uniswap has surpassed $2 trillion in lifetime trading volume, rivaling major centralized exchanges including Coinbase.
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Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO Address
4.4.2024
SlowMist analysts have expressed concern over a 100 ETH transaction originating from an AssangeDAO address directed to a recipient apparently linked to the decentralized autonomous organization (DAO) on March 10.
The post Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO...
DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF
3.4.2024
The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews
Composable Data Assists Dapp Developers in Unlocking Rich Data Applications – Swaroop Hegde
1.4.2024
Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of Powerloom, explains that composable data maintains a decentralized database...
Decentralized Protocol OpenLeverage Suffers Multiple Hacks, Losing $230K: Report
1.4.2024
Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets.
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Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round
31.3.2024
Merkle Manufactory, the company behind the decentralized social network Farcaster, is on the verge of reaching a valuation of $1 billion in its latest funding round.
The post Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round appeared first on Cryptonews
Dominic Williams, Founder of DFINTIY, on Decentralized AI, AI Dapps, Hosting AI Models on the Blockchain, and Multichain DeFi | Ep. 321
29.3.2024
Dominic Williams, the Founder of DFINTIY Foundation, a major contributor to Internet Computer, discusses the future of AI, its ‘perfect partnership’ with smart contracts and blockchain, how AI can help average Joe and Jane perform complex trades with verbal instructions, the difference between...
Decentralization Dilemma: Blockchain Games Require Data For User Acquisition
29.3.2024
Web3 games continue to dominate on-chain activity. According to DappRadar’s recent Game Report, blockchain games accounted for 34% of decentralized application (Dapp) activity last year. The report also notes that Web3 games attracted 1.1 million active daily users in 2023. Source: DappRadar...
AI and Blockchain: Paving the way for a decentralized future
29.3.2024
One of the most potent and expressive technologies of our day, artificial intelligence (AI), is about to undergo a critical phase of decentralization. With leading experts advocating for blockchain integration into AI systems, the question arises: Is the future of AI decentralized? Greater openness...
‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros
29.3.2024
According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that “has been built on trust in authority.”...