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Crypto Billionaire Arthur Hayes' Vision: AI DAOs to Become Invincible, Driving DeFi's Supremacy over TradFi
1.8.2023
BitMex co-founder and former CEO, Arthur Hayes, has set his sights on a futuristic concept that could revolutionize the decentralized finance (DeFi) industry: self-sovereign AI DAOs (Decentralized Autonomous Organizations). ...
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Gravita Protocol announces integration with LayerZero Labs
1.8.2023
Gravita Protocol has announced that it has integrated with LayerZero Labs. The purpose of the integration, as stated by Gravita Protocol in the announcement, is to launch the token, $GRAI. It will be launched as an OFT, which stands for omnichannel NFT – non-fungible token. With...
Clearpool spreads out to Polygon zkEVM
1.8.2023
Clearpool, which is a decentralized lending marketplace, has spread out to Polygon zkEVM. This occurrence has taken place to provide users the opportunity of carrying out swift transactions, as well as heighten funding diversity and better capital effectiveness. Incidentally, Polygon zkEVM is...
Curve Finance Vulnerability Exposes $100M+ Worth of Crypto; CRV Token Plummets
31.7.2023
A vulnerability in the popular decentralized finance (DeFi) protocol Curve Finance has caused funds to be drained from a number of the protocol’s liquidity pools, while roughly $100 million remains at risk.
In a tweet from Sunday, the Curve team said that “a number” of its pools that uses version...
Alchemix releases an update on Curve Finance pool exploitation
31.7.2023
Alchemix has provided an official update on the Curve Finance situation. The platform recently witnessed a 47 million-dollar exploit. According to reports, the exploit emerged because of a reentrancy vulnerability. It is believed that Vyper 0.2.15, 0.2.16, and 0.3.0 versions are prone...
Owlto announces official support for the Base mainnet on Twitter
31.7.2023
Owlto recently announced official support for the Base mainnet. The announcement was made on Owlto Finance’s Twitter account. The tweet said that Owlto is delighted to be integrating with Base. Coinbase has designed the Ethereum L2 solution to provide an efficient and seamless experience...
Lendvest collaborates with Chainlink BUILD program
28.7.2023
Lendvest is on the verge of collaborating with the Chainlink BUILD program. This is for enabling it to work on the overall growth of the ecosystem and mass acceptance of Web3. This will be achievable by connecting with Chainlink’s high-level Oracle services, along with the required technical...
Lynex Integrates with Gamma for Powerful DeFi Solutions
28.7.2023
In an exciting declaration, Lynex, a renowned participant in the decentralized finance (DeFi) ecosystem, has teamed up with Gamma Strategies, a notable specialist in Concentrated Liquidity (CL) management. This collaboration will introduce active CL management and market-making tactics to Lynex...
Jupiter v3: Unleashing Metis and DCA Power!
28.7.2023
Today, Jupiter has unveiled Jupiter v3, which houses its new Metis routing algorithm, an advancement that boosts the performance of its market aggregator. This technology reduces trading costs and allows for greater scalability when introduced to Solana upgrades or novel DEXs. Neptune has also...
Conic suffers two devastating attacks resulting in a loss of $4.2M in funds
27.7.2023
Conic Finance, a promising Layer 1 blockchain known for its “Play to Own” principle, has been hit by two severe attacks that have shaken the decentralized finance (DeFi) community. As a result of the first exploit, $3.3 million was drained from the ETH pool, and the second attack forced...
DeFi Platform EraLend on zkSync Loses $3.4 Million in Blockchain Exploit
26.7.2023
Decentralized finance (DeFi) protocol EraLend has lost $3.4 million worth of crypto in a so-called re-entrancy attack.
The attack, which happened on Tuesday, exploited a vulnerability that allowed the hacker to make multiple calls to a function within one single transaction, enabling the person...
LI.FI announces integration with Vybe
26.7.2023
LI.FI has announced integration with Vybe, a mobile application that enables its users to move digital tokens from one account to another. The integration will now play a crucial role in making the process seamless, courtesy of LI.FI’s SDK. Transactions are expected to happen almost instantly with...
A $3.4 million attack hit ZkSync’s largest lender EraLend
26.7.2023
‘EraLend,’ a leading Ethereum scaling blockchain lending protocol, has suffered a substantial loss of $3.4 million due to a recent security breach. An attacker exploits a vulnerability in EraLend’s smart contract code to withdraw more funds than authorized in a single transaction...
Solana: The go-to blockchain for enterprise adoption
25.7.2023
Solana (SOL) was developed by Anatoly Yakovenko and his team of developers at the groundbreaking file-sharing platform Dropbox. The platform was named after the popular Californian beach, Solana. The network does not utilize the Proof of Work (PoW) consensus mechanism of Bitcoin. Solana uses...
Hackers Steal $3.2 Million Worth of Ethereum From Conic Finance DeFi Protocol
24.7.2023
The decentralized finance (DeFi) protocol Conic Finance has lost more than $3.2 million worth of Ether (ETH) in two separate hacking incidents in recent days
The first attack, which happened on Friday last week, was described by the Conic Finance team as a "re-entrancy attack” that exploited...
SeaPad announces new partnership with DAOLaunch
24.7.2023
SeaPad recently announced an official partnership with DAOLaunch. The announcement was made on the SeaPad Twitter account. According to the tweet, SeaPad is trying to connect investors with crypto and blockchain startups. The platform will allow emerging and early-stage startups to raise funds....
Iakov Levin introduces Locus Finance
24.7.2023
The Founder of the currently failed custodial crypto investment platform, Midas Investments, Iakov Levin, has introduced Locus Finance. This is a fresh decentralized finance platform that is his brainchild. According to a circular released by the company, Locus Finance has come into existence with...
The future of Cosmos looks bright with Centauri FE integration
24.7.2023
According to reports, until March 2023, the number of cryptocurrencies in the world was 22,904. Among them, ATOM tokens are one of the finest cryptos. It is a native token of the Cosmos Network, and Cosmos Hub created the network of thousands of interconnected blockchains. As per the White Paper...
Crypto Traders Embrace Telegram Bot Tokens, Unibot Nears $100 Million Market Cap
21.7.2023
Bot tokens for the popular messaging app Telegram are increasingly being embraced by crypto traders, with the largest and best-known token in the category now nearing a $100 million market capitalization.
Launched as recently as in May this year, Unibot, the leading project in the category, is...
Binance Labs invests in Radiant to lead the next era of DeFi lending
21.7.2023
Binance Labs, an investment and incubation division of Binance, is putting money into Radiant Capital. It is a borrowing and lending service built on LayerZero Labs, which is currently part of the portfolio of Binance Labs. This venture capital round stresses Binance Labs’ dedication...