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Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year
15.10.2022
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October...
Quik․com Releases Update for Its NFT Domains – Web3 Domains Are Now Minting
11.10.2022
The much-anticipated major update to Quik.com has now been made available to users, bringing them brand-new capabilities like the edit feature and the Quik API, along with more that are scheduled for the upcoming weeks and months. Quik.com is a P2P NFT domain marketplace offering NFT top-level...
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%
10.10.2022
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded...
Taking Yield Farming to the Next Level With Animal Farm
4.10.2022
As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the ‘DeFi summer of 2020’ and the yield farming craze that followed. The concept...
Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to Long or Hedge Bitcoin Cash Against a Myriad of Tradeable Assets
4.10.2022
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols...
Chainlink and CF Benchmarks to Bolster Onchain Transparency via CF Bitcoin Interest Rate Curve Product
29.9.2022
On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called the CF Bitcoin Interest Rate Curve (CF BIRC). Chainlink revealed the new product at Smartcon 2022...
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
Ethereum co-founder Vitalik Buterin shares vision for layer 3 protocols
20.9.2022
While layer-2 protocols have been focused on "scalability," layer-3 protocols would serve a much different purpose, says Ethereum co-founder Vitalik Buterin
USM.World Partners With BNBChain and 10 Other DeFi Protocols
16.9.2022
Creating a Web3.0 where control, security, wealth, and information are once more in the hands of the communities, and the individuals are dependent on working with top standards. The anonymity, decentralization, and community tenets underpin the bitcoin market will restore economic equilibrium....
Google’s $4B Fine May Threaten Web3 Protocols, Legal Expert Says
14.9.2022
A court judgment ostensibly about the leading Web2 company’s anti-competitive restrictions sends a warning to open-source developers whose software forks, CoinDesk was told
Boom and bust: How are Defi protocols handling the bear market?
14.9.2022
A look at how DeFi protocols have fared during the recent bear market and the importance of continuing to build during market downturns
Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On
8.9.2022
While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters...
Why DeFi Protocols Are Limiting ETH Borrowing Ahead of Ethereum’s Merge
8.9.2022
Hypaswap (HYPA) and Compound (COMP): Best DeFi Lending Protocols In The Crypto Space
7.9.2022
Blockchain technology and digital assets have helped to revolutionize the financial industry. Since the development of Bitcoin (BTC), the first blockchain, the application of blockchain technology has increased. Several cryptocurrency blockchains have been developed to improve existing blockchains....
The Merge May Negatively Impact DeFi Protocols, Stablecoins: Report
26.8.2022
The transition to proof-of-stake could decrease stablecoin values and shrink lending pools, according to a DappRadar report
Uniswap eyes NFT financialization, in talks with lending protocols
24.8.2022
In a tweet from the head of NFT product, the exchange is allegedly in contact with several NFT lending protocols to build NFT financialization
Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge
23.8.2022
Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge
Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours
19.8.2022
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market...
Tornado Cash ban could spell disaster for other privacy protocols — Manta co-founder
17.8.2022
The ban of Tornado Cash in the U.S. could have ripple effects across Web3 protocols, particularly ones that offer privacy on the blockchain
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
6.8.2022
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team...