Search
Ethereum Foundation Issues 18 Grants for Account Abstraction Initiatives
8.9.2023
The Ethereum Foundation has announced the completion of its grants program to finance projects related to implementing ERC-4337, the account abstraction standard. 18 projects were selected to be part of this batch of grants, which feature different functionalities, including creating educational...
Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings
7.9.2023
Prominent Bitcoin (BTC) mining firm Riot Platforms has reported significant cost savings and operational achievements due to an innovative energy strategy that saved the firm around $31 million in August alone.
In a press release from Wednesday, CEO Jason Les announced that Riot achieved a...
Binance creates smart contract to refund users affected by $3M rug pull
6.9.2023
After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets
DeFi and Credit Risk
6.9.2023
As a potentially disruptive sector, DeFi must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption
AI-coded smart contracts may be flawed and 'fail miserably' when attacked: CertiK
6.9.2023
CertiK’s security chief Kang Li thinks inexperienced programmers using AI tools such as ChatGPT to write smart contracts is a recipe for disaster
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
5.9.2023
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
30.8.2023
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by over 60%, now totaling 43.3 million....
7 ChatGPT prompts for learning Web3 development
29.8.2023
Dive into the world of Web3 development and learn how to create decentralized applications using ChatGPT
10 ways traditional companies can benefit from partnering with blockchain projects
29.8.2023
The right blockchain project partnership can smoothly guide a traditional business into the emerging world of Web3
Richard Ma, CEO of Quantstamp, on Blockchain Security, Web3 Audits, and Smart Contracts | Ep. 260
29.8.2023
In an exclusive interview with cryptonews.com, Richard Ma, Co-Founder and CEO of Quantstamp, talks about smart contract audits, the most common types of Web3 hacks, and the role security plays in helping Web3 achieve mainstream adoption. ...
Read More: Richard Ma, CEO of Quantstamp, on Blockchain...
Solana-based Clockwork to shutter citing ‘limited commercial upside’
29.8.2023
Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital
Binance extends support to BNB Smart Chain (BEP20)
28.8.2023
Binance has announced that it will support the network upgrade and hard fork of BNB Smart Chain. The starting time stated in the announcement is August 30, 2023, 7:30 UTC. Deposits and withdrawals will be suspended 15 minutes before that, to be resumed when the network is deemed stable...
Wen moon? Bitcoin halving cycle hints at Q4 as smart money 'buys the rumor'
25.8.2023
Bitcoin miners and "smart money" are the investor cohorts to watch when it comes to late 2023 BTC price action, says Filbfilb
EU Data Act smart contract ‘kill switch’ brings uncertainty
23.8.2023
EU lawmakers have reached a political consensus on the Data Act that has a “kill switch” for smart contracts, causing an uproar in the crypto community
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...
US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
19.8.2023
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash...
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...