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STYLE Protocol Building to Empower Gamers Closes $2.5M Seed and Lists Token on Major Exchanges
6.5.2024
PRESS RELEASE. MAY 6, 2024 — Switzerland. STYLE Protocol, which transforms NFTs into 3D assets that can be used in any game or metaverse, has listed its native utility token on major exchanges. The cutting-edge digital asset — $STYLE — made its debut on Bitget and MEXC, and is also available on...
LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop
6.5.2024
LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.
The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews
Bitcoin Runes reclaims dominance over BTC transactions
6.5.2024
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network
Epic Satoshi Spurs Launch of New Runes Tokens With $88M Market Cap
5.5.2024
According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named “EPIC•EPIC•EPIC•EPIC.” The newly introduced EPIC runes tokens have already commenced trading, achieving...
Snowden Issues ‘Final Warning’ to Bitcoin Developers on Privacy Enhancements
4.5.2024
In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a stern warning to Bitcoin developers. Snowden emphasizes that time is running out...
Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more
3.5.2024
This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund
EigenLayer to Airdrop 28M More EIGEN After First Airdrop Hits Backlash
3.5.2024
Restaking protocol EigenLayer is handing out an extra 100 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.
The post EigenLayer to Airdrop 28M More EIGEN After First Airdrop Hits Backlash appeared first on Cryptonews
Protocol Village: Polyhedra Says Open-Source ZK Proof System 'Expander' 2x Faster Than Alternatives
2.5.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8
LayerZero cross-chain interoperability protocol completes first airdrop snapshot
2.5.2024
LayerZero’s ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world's largest perps DEX, suggesting a potential $17 billion fully diluted valuation
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
2.5.2024
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability...
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...