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Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
2.5.2024
Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms....
DeFi lending giant Aave unveils V4 protocol overhaul
2.5.2024
Aave Labs shared a proposal for the next version of its protocol, which included improvements to its stablecoin, GHO
The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done
1.5.2024
Much-hyped restaking project EigenLayer's 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won't be ready when the token launches
Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency
1.5.2024
Decentralised finance (DeFi) lending protocol Pike Finance smart contract vulnerability led to $1.6 million in stolen funds over three days.
The post Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency appeared first on Cryptonews
Bitcoin L2s set to explode as Runes congest BTC network
1.5.2024
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions
Curve Finance Rewards Security Researcher $250,000 for Uncovering Critical Vulnerability
1.5.2024
Popular DeFi protocol Curve Finance has awarded a security researcher $250,000 for discovering a critical vulnerability that has historically enabled hackers to siphon off millions of dollars from cryptocurrency protocols.
The post Curve Finance Rewards Security Researcher $250,000 for Uncovering...
Aptos Price Prediction as Community Welcomes Shinami – Where Might APT Go Next?
1.5.2024
Despite an exciting new partnership with innovative gas credit protocol Shinami, the Aptos (APT) price was subdued on Tuesday.
The post Aptos Price Prediction as Community Welcomes Shinami – Where Might APT Go Next? appeared first on Cryptonews
Animoca Brands to Build the ‘Largest Web3 Ecosystem’ on Bitcoin
1.5.2024
Animoca Brands is entering the Bitcoin space with the Opal Foundation, using the Opal Protocol to build the Largest Web3 Ecosystem.
The post Animoca Brands to Build the ‘Largest Web3 Ecosystem’ on Bitcoin appeared first on Cryptonews
Bitcoin Breaks Through 1.6M Confirmed Transactions in a Single Day
30.4.2024
The recent launch of Bitcoin Runes has fueled a surge in Bitcoin payments, with 1.6 million transactions recorded in a single day. Data reveals a direct correlation between Runes and this spike in activity, highlighting its impact on the Bitcoin network.
The post Bitcoin Breaks Through 1.6M...
Hackers Drain Funds from Defunct DeFi Lending Protocol Yield Protocol
30.4.2024
Yield Protocol ceased operations in December 2023, citing challenges with diminishing business demand and mounting global regulatory pressures.
The post Hackers Drain Funds from Defunct DeFi Lending Protocol Yield Protocol appeared first on Cryptonews
Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at $289M Market Cap
30.4.2024
The token has $75 million in trading volume in the hour after claims went live
Near Protocol Price Prediction as NEAR Retraces With Market Drop — Is It Time to Load Up?
30.4.2024
The Near Protocol price has dived by 5% in the past 24 hours, sinking to $6.45 as the cryptocurrency market as a whole faces a 2% drop today.
The post Near Protocol Price Prediction as NEAR Retraces With Market Drop — Is It Time to Load Up? appeared first on Cryptonews
Dead protocol leaks crypto funds from hacked pool
30.4.2024
Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain
New record: Bitcoin processes 1.6M confirmed payments in a day
30.4.2024
The launch of Bitcoin Runes played an important role in the spike in the total number of transactions over the Bitcoin network
Omnity Protocol Launches New Integration for Low Fee Runes Trading
30.4.2024
Omnity protocol is launching a new integration for the trading of Runes tokens without ‘risky cross chain bridges” or any gas or transaction fees.
The post Omnity Protocol Launches New Integration for Low Fee Runes Trading appeared first on Cryptonews
Rising star of the week: Koala Coin (KLC) outshines gains by Tron (TRX) and NEAR Protocol (NEAR)
29.4.2024
In the ever-evolving landscape of cryptocurrency, a new player, Koala Coin, is making waves that could very well turn into a tsunami, presenting a seismic shift away from conventional finance. Amidst its stage one presale, Koala Coin (KLC) has surged ahead with a price of $0.014, outflanking...
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
29.4.2024
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards
Bitcoin’s range-bound action puts eyes on NEAR, AR, CORE and BONK
29.4.2024
Bitcoin's range-bound price action could lead traders to focus on NEAR, AR, CORE and BONK
Bitcoin Core Developer Claims Runes Protocol Exploits Bitcoin Blockchain’s Design Flaw
26.4.2024
Bitcoin core developer Luke Dashjr has voiced criticism against the Runes protocol, suggesting that it takes advantage of a fundamental design flaw within the Bitcoin blockchain network.
The post Bitcoin Core Developer Claims Runes Protocol Exploits Bitcoin Blockchain’s Design Flaw appeared...