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Jump Crypto replenishes funds from $320M Wormhole hack in largest-ever DeFi 'bailout'
3.2.2022
The venture capital firm dug into its own pockets to restore trust in the Wormhole ecosystem
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
3.2.2022
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
3.2.2022
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network...
Willy Woo: 'Peak fear' but on-chain metrics say it’s not a bear market
2.2.2022
“No doubt about it, people are really scared, which is typically [...] an opportunity to buy,” Willy Woo said
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet
1.2.2022
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...
First cross-chain governance proposal passes on Aave
1.2.2022
"It's a major step forward in multi-chain governance systems," said the team at Aave
Pokémon Legends: Arceus’ Inventory Expansion Is A Rip-Off
31.1.2022
I’ve found my mortal enemy in Pokémon Legends: Arceus, and no, it’s not the surly-faced captain who threatened to leave me to die in the wilds. It’s the guy standing right outside of her office. You know who I’m talking about. It’s Bagin, the guy who offers to expand your inventory–for a price.Read...
Celer Partners with Dforce to Enable Cross-Chain Bridging for DF and USX Through cBridge
31.1.2022
Celer has announced another new collaboration with dForce. As cBridge’s total transaction volume reaches a new high of over $2.7 billion, Celer is adding support for more chains and protocols. Celer has collaborated with dForce and finished the DF and USX integration on cBridge. The dForce...
Altcoin Roundup: Cross-chain bridge tokens moon as crypto shifts toward interoperability
31.1.2022
MULTI, SYN and CELR saw a substantial boost in price as the crypto ecosystem focused on integrating cross-chain interoperability as a new fundamental component in DeFi
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
30.1.2022
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs...
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date
28.1.2022
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit...
MetaMask's new inbuilt multi-chain institutional custody feature
27.1.2022
MMI product lead Johann Bornman labeled the integration with Cactus Custody’s DeFi Connector as a “profound DeFi offering for institutions.”
Eth2 is no more after Ethereum Foundation ditches name in rebrand
26.1.2022
“By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated
Fantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain
24.1.2022
The total value locked (TVL) in decentralized finance (defi) protocols has lost ​​6.8% during the last 24 hours as crypto markets have experienced more losses. However, the Fantom blockchain has seen a TVL increase, jumping 46.62% over the last week. Fantom has managed to knock...
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
23.1.2022
The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the TVL is around $201.55 billion. TVL in Defi Loses $54 Billion in 2 Weeks While digital currency markets shed significant...
Hoo AMM Pool Launched, New Access to Increase User Yields
21.1.2022
PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity...
1inch Network expands to Avalanche and Gnosis Chain
20.1.2022
The decentralized exchange aggregator said it hopes to offer users more options for low-costs, high-speed transactions
Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic
19.1.2022
“We keep a working capital for about three to six months in cash, and then the rest all goes into Bitcoin,” said co-owner Aly Hamam
Dvision Network Deploys on Polygon Mainnet as Widespread Interest in Metaverse Continues
19.1.2022
PRESS RELEASE. Dvision Network is currently live on Polygon Mainnet, further solidifying their position as the definitive multichain metaverse protocol. It must be noted that Dvision Network recently had their first primary and de facto biggest LAND Sale on BSC (Binance Smart Chain), selling out...
Here’s why Binance Coin is 33% down from its all-time high
19.1.2022
Competitor blockchains, a slowdown in daily transactions and flat-lined TVL are a few challenges facing BNB, but data suggests Binance Coin is still a contender