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The Protocol: Blast's $3B Airdrop and Bitcoin's Mt. Gox Moment
26.6.2024
In this week's issue of CoinDesk's weekly blockchain tech newsletter, we're covering $100 million of fundraisings, project updates from Solana and other teams, complaints over LayerZero's "pay-to-claim" airdrop and nervousness surrounding the Mt. Gox bitcoin distribution
Web3 gets its own version of Trustpilot to bring users and creators together
26.6.2024
A new decentralized application aims to revolutionize product feedback and user engagement in the Web3 space by fostering direct interaction between users and product teams
North Korea’s Lazarus Group Exploited Defi Protocol Alex Lab for $4.3 Million, Probe Reveals
26.6.2024
Bitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million exploit that occurred on May 16. Alex Lab has facilitated communication between the Singapore Police Force and relevant cryptocurrency exchanges as part of the ongoing...
CEO of defunct yield protocol says user deposits weren’t 'principal protected'
25.6.2024
The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant
Alex Lab points to Lazarus Group after last month's $4M exploit
25.6.2024
After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group
Why did Fetch and SingularityNET AI-tokens just surge 30%?
20.6.2024
Both AI-tokens Fetch and SingularityNET staged a strong price recovery after a three-month downtrend
Protocol Village: Farworld, Building Gaming on Farcaster, Raises $1.75M
20.6.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26
AI computing protocol attracts $158M within a week after 'fair launch'
20.6.2024
Fair launch tokens could help the industry return to the true ethos of crypto, according to Arweave's founder
Bitcoin grabs top 3 all-time NFT sales record, Ronin unveils zkEVM for gaming: Nifty Newsletter
19.6.2024
Bitcoin NFTs surpass Ronin in all-time sales volume, achieving over $4.27 billion and climbing to third place behind Solana and Ethereum
The Protocol
19.6.2024
In this week's abbreviated issue of The Protocol, we're chronicling the apparent doxing of 'Pharma Bro' Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC's apparent retreat on probing the Ethereum developer Consensys
Fox, Time use blockchain to combat fake news
18.6.2024
Fox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content
Most popular crypto of 2024: NEAR Protocol & Arbitrum price surges, but investors pick BlockDAG as presale hits $50.6 million
18.6.2024
NEAR Protocol and Arbitrum are attracting significant inflows, with NEAR Protocol Holders and Arbitrum (ARB) Price showing strong performance and no major stress factors. Amidst these developments, BlockDAG, a layer 1 project, has become a preferred destination for investments. With a stellar...
Bitcoin Runes racks up over 2500 BTC in fees under 2 months
17.6.2024
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving
NEAR Protocol teams up with Inspect to boost the NFT ecosystem
14.6.2024
In an unexpected breakthrough for the blockchain sector, a renowned data provider has announced its intention to partner with NEAR Protocol to strengthen their NFT market. This partnership will include the integration of a new data layer that is expected to transform how people interact with Web3...
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
14.6.2024
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by Paradigm and Cyber.fund, which will be used...
Bitoro launches perpetual futures on Injective protocol
13.6.2024
The perpetual futures trading network is now available on five other ecosystems, including Avalanche, Base, Arbitrum, Optimism, and Mantle
Protocol Village: Manta Foundation Launches $50M EcoFund and Ecosystem Grand Program
13.6.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19
Nuffle Labs Raises $13 Million to Expand Modular Infrastructure for Blockchain Layers
13.6.2024
Nuffle Labs, a contributor to the Near Protocol and Ethereum, has secured $13 million in a funding round led by Electric Capital. The investment aims to enhance its modular infrastructure services across various blockchain layers, promising cost-efficient solutions and rapid data finality. Nuffle...
Tokenizing music catalogs: The next frontier for Web3 and the music industry
13.6.2024
At the Proof of Talk 2024 conference in Paris, Serio Mottola, the CEO of Music Protocol, advocated for integrating blockchain technology into the already established billion-dollar music industry
Mountain Protocol’s conventional USDM gets activated on Arbitrum
13.6.2024
Mountain Protocol positions and activates its conventional USDM on Arbitrum, an initial certified and permissionless stablecoin. It has the complete support of the US Treasuries and provides an APY of 5% via daily rewards. This will enable the Arbitrum community to connect with a simplified...