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Blueberry Protocol attacked via inconsistent logic for token price
23.2.2024
BlockSec recently confirmed that the Blueberry Protocol was attacked over X/Twitter. The blockchain security platform suspects that the attack occurred via inconsistent token price normalization logic. The process involves a mismatch between the different price sources and their normalization...
Blast’s TVL is Fast-Approaching $2 Billion – Check Eligibility for the Airdrop Here
23.2.2024
Ethereum Layer 2 protocol BLAST is nearing $2 billion in TLV ahead of its mainnet launch at the end of the month. Notably, commenters argue that the protocol – created by the BLUR team – already has an entire ecosystem ready to go, while the community and developers are eagerly awaiting the Blast...
Stellar Debuts Smart Contracts With Protocol 20 Update
23.2.2024
Stellar has announced the introduction of smart contracts as part of its Protocol 20 update, passed by a validator vote on Feb. 20. The upgrade introduces Soroban, the new smart contracts system, to mainnet, and initiates a phased rollout for validators to monitor the performance of these...
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
22.2.2024
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen...
Luxury Brand Protocol Arianee Set to Launch New Polygon CDK-Powered Chain
22.2.2024
Arianee, the ownership infrastructure behind a number of global luxury brands, has announced its plans to unveil a brand new layer 2 built on Polygon “to leverage the full potential of digital product passports (DPPs) and engagement tokens at scale,” a Thursday, February 22 press release from...
Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape
22.2.2024
On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total....
Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto
22.2.2024
The pioneering restaking project EigenLayer, led by Sreeram Kannan, isn't even live but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz
Protocol Village: Wormhole Collaborates With AMD to Make Hardware Accelerators
22.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28
STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
22.2.2024
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20.
The post STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High appeared first on Cryptonews
The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live
21.2.2024
In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch
Restaking Protocol Kelp DAO Brings Liquidity to EigenLayer Points
21.2.2024
Kelp DAO's newly announced kelp earned points (KEP) token brings liquidity to EigenLayer Points
Stellar validators agreed to upgrade Mainnet to Protocol 20
21.2.2024
The Stellar network validators consented to upgrade Mainnet to Protocol 20, thereby modernizing the Stellar smart contracts technology stack and providing a unique builder exposure. The Stellar Development Foundation (SDF) and its community have collaborated on the Stellar network for the past...
Human Institute introduces Humanity Protocol on Polygon CDK
21.2.2024
The Human Institute, in collaboration with Polygon Labs and Animoca Brands, has developed the Humanity Protocol for the Polygon CDK. Animoca Brands’ Executive Chairman and Co-Founder Yat Siu and Polygon Labs’ Co-Founder Sandeep Nailwal are among the Founding Humans brought together...
Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks
20.2.2024
Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users
Is Injective on the Verge of a Downturn? INJ Price Dips as Anticipated Meme Coin SPONGE Sets Stage for Launch
20.2.2024
Leading AI-powered DEX project Injective Protocol has seen resistance trigger a downtick in price. This article will provide an analysis of INJ’s current price trends and look to see whether a newer meme coin, SPONGE, represents a more promising investment opportunity at this time. Injective...
Vitalik Buterin: Verkle Trees Implementation to Benefit Ethereum Stakers and Network Nodes
19.2.2024
Ethereum co-founder Vitalik Buterin has highlighted the advantages of implementing Verkle Trees within Ethereum’s staking protocol. In a recent post, the Ethereum mastermind said this technological upgrade would specifically benefit Ethereum solo stakers and network nodes. Verkle Trees...
Crypto Media Houses Taken In By Fake $10M Uniswap Airdrop Scam
16.2.2024
A scammer deceived several crypto media houses into running stories on a fictitious $10 million Uniswap airdrop on February 15. This comes as the automated market maker (AMM) blockchain protocol announces the timeline for its latest V4 platform. Crypto News Outlets Promote Fake Uniswap Airdrop...
Protocol Village: QuickNode Adds Support for ZkSync Hyperchains
15.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21
DeFi Protocol Tranchess Launches New Staking Products With Lido Finance
15.2.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products in collaboration with Lido Finance, a leading liquid staking platform. These products, dubbed “staYETH” and “turYETH,”...
Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing
15.2.2024
Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...