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Over USD 36M Returned to Nomad Bridge's Fund Recovery Address
9.8.2022
Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery."
According to Etherscan transactions, the recovery wallet...
Arbitrum One Announced Migrating to Nitro Mainnet on August 31
8.8.2022
Offchain Labs recently announced migrating Arbitrum One to Nitro mainnet. The migration will be carried out on August 31st, exactly one year after its beta was released. Nitro proposes a substantial technical upgrade, enabling changes across the stack. It will significantly elevate the experience...
DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
8.8.2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption
How to Spot the Next Celsius Before It’s Too Late
7.8.2022
It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead...
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
7.8.2022
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across...
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...
VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
6.8.2022
ZEBEDEE, Halborn, Hashflow, Socios and EtherMail headline the latest funding deals from the world of blockchain and cryptocurrency
DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits
5.8.2022
As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash
The Fake Team That Made Solana DeFi Look Huge
5.8.2022
We already knew that crypto developers cannot always be trusted. But can we trust the data?
WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
5.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
DappRadar Report Shows First Signs DeFi Recovering From Terra Collapse
5.8.2022
DappRadar, the global app store for decentralized applications, released its July Blockchain Industry Report today, revealing that DeFi is starting to recover from Terra’s collapse. While the total no. of unique active wallets (UAWs) may be down, the total value locked (TVL) in DeFi improved...
LI.FI Integrates with Fuse Network to Boost Interoperability
5.8.2022
LI.FI has partnered with the Fuse Network to stand strong to the belief that the future is beyond one single blockchain with interoperability as the key driver. According to the integration terms, the users of Fuse gain access to the on/cross-chain swapping and bridge transfer mechanism of LI.FI...
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
4.8.2022
The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they're moving to Aptos
Advisors Should Look Before Clients Leap Into DeFi
4.8.2022
Defi yields are gaudy but come with risks
USD 6.8B Pension Fund to Invest in Crypto Lending Market
4.8.2022
Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up...
Metis Integrates Chainlink Price Feeds for Precise Price Data
4.8.2022
Metis Andromeda recently announced integrating Chainlink Price Feeds in its ecosystem. The industry-leading Oracle solution will help smart contract developers to access high-quality price data on the platform. The integration will also allow developers to secure the apps with decentralized price...
Nansen admits neglecting DeFi plans during the NFT craze
4.8.2022
Nansen has registered over 130 million addresses and has grown 30% despite the crypto downturn in 2022
FitR to Complete INO and IDO on NFTb Using Its DeFi as a Service
3.8.2022
FitR, a Web3 lifestyle app promoting healthy and active living, has chosen to complete an INO and IDO with the help of NFTb’s DeFi as a Service. It is indeed an announcement worthy of making, and NFTb has done just that. To properly understand what exactly is in the offing for all health-conscious...
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss
3.8.2022
The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
2.8.2022
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain...