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Reports of SperaxUSD exploitation emerge
6.2.2023
A user has taken to Twitter to break the news that there was an attack on Arbitrum USDs wherein a bug in auto-changing users led to the hack. According to one of the tweets in the series, the code half changed the account to a new style, using that change to calculate the other half …
Pandora to allow NFT holders to earn passive income with DroidBots
6.2.2023
Staking has been associated with tokens in the crypto industry. Things have evolved, allowing users to stake their digital assets for passive income through rewards or interest. Pandora has taken a step in that direction. What makes this evident is the recent blog post published by the venture...
MetaLend has deployed on Ronin to borrow and lend against NFTs
3.2.2023
Ronin Network recently announced the launch of MetaLend on its mainnet. MetaLend is primarily known for helping Axie Infinity users get loans for in-game assets. The assets include land and axies directly associated with the Ronin wallets. In addition, MetaLend develops software that lets users...
QuickSwap collaborates with Gamma
2.2.2023
QuickSwap happens to be extremely pleased to make its formal announcement of having integrated conventionally with Gamma for the sake of QuickSwap V3 active liquidity management. Through this very integration, all of the connected users will find themselves in the position of being able to directly...
$120 Million Exploit: AllianceBlock Token Price Manipulated in Oracle Hack – Here's What Happened
2.2.2023
Self-sovereign financial services provider BonqDAO suffered $120 million in losses after a hacker exploited its oracle to manipulate the price of AllianceBlock tokens.
In a Thursday tweet, blockchain security firm PeckShield revealed that BonqDAO’s oracle was manipulated and used to increase...
Kana Labs is onboarding Polygon blockchain ecosystem
2.2.2023
Kana Labs is pleased and proud to announce that they will add the Polygon blockchain ecosystem to their entire retinue of products. In the case of Kana Labs, it is a chain-agnostic multi-chain DeFi super app. It is working hard to increase the number of backed blockchains in its product portfolio. ...
$SUDO governance to be launched soon
1.2.2023
$SUDO governance will be launched in the very near future. The lockdrop and the airdrop will be used in conjunction with this occurrence. However, SUDO will initially continue to be non-transferable. Transferability may be made available in this scenario with the help of a standard governance vote....
SYNTHR Protocol forms exclusive partnership with ApeSwap
31.1.2023
SYNTHER Protocol is overjoyed to have formed an exclusive partnership with ApeSwap, given their recent ability to secure a liquidity grant, as well as their goal and intention of being positioned on the Telco Chain. In order to properly utilize the benefits of this very partnership, it will...
Camelot intends to form a partnership with Redacted Cartel
30.1.2023
Camelot is extremely thrilled with the idea of forming a partnership with Redacted Cartel and bringing it onto Arbitrum. Their aim and intention are also to stand by the special listing pertaining to Redacted’s upcoming Pirex product, pxGMX. According to their plans, the pxGMX/ETH pool will...
Fantom desires to provide a foreseeable & low-cost system
30.1.2023
Fantom happens to be an extremely upgradable blockchain platform in the case of DeFi, dApps, and enterprise applications. The entire team at Fantom has the desire and aim of offering a foreseeable and low-costing system where all of its connected builders, associates, and users are concerned....
Astar launches new HRMP channels with Equilibrium
27.1.2023
Astar is sticking to its values of accelerating Web3 through interoperability, especially by focusing on cross-consensus messaging (XCM). It has now launched new HRMP channels with Equilibrium to enable the free flow of three tokens, namely ASTR, EQ, and EQD, between different chains. The objective...
Archimedes announces partnership with Origin Protocol for the upcoming launch
24.1.2023
Archimedes has published an official blog post to announce its partnership with Origin Protocol for the launch of its upcoming blue chip lending and borrowing marketplace. The objective is to accelerate the scalability of the DeFi ecosystem while becoming more capital efficient. The venture...
Uniswap Decentralized Exchange Community Overwhelmingly Supports Move to BNB Chain
24.1.2023
The community around the popular decentralized exchange (DEX) Uniswap has voted overwhelmingly in favor of a deployment on BNB Chain.
The vote, which was only a “temperature check” and therefore is non-binding at the current stage, was held between January 17 and 22 after 0xPlasma Labs made...
Tortuga Finance collaborates with MSafe dApp Store
23.1.2023
MSafe has announced the integration of Tortuga Finance with MSafe dApp Store. The announcement was made on Twitter through the official handle of MSafe, receiving mostly positive responses for the news. Tortuga Finance is one of the few places that allows its users to stake APT and receive tAPT...
Swapped Finance announces partnership with Kana Labs for Shardeum
20.1.2023
Swapped Finance recently announced a collaboration with Kana Labs. This development welcomed Kana Labs into the Shardeum, a smart contract platform. Shardeum, which was built on the Ethereum Virtual Machine (EVM), will promote blockchain through Kana Labs. Kana Labs will assist in connecting...
Innovative auto trading ecosystem MYST kickstarts new DeFi era
19.1.2023
MYST, the rising auto trading ecosystem, is making waves with its innovative approach. MYST stands for Multi-Strategy, Yield-Optimized Systematic Trading. The crypto bot trading and dApp, as the name implies, are a combination of multiple algorithms. It automates trades via the trading...
Polygon-Based Project Jarvis Loses $660K to a Security Exploit
17.1.2023
Jarvis Network recently announced losing over half a million dollars to a security breach. The exploit cost the popular Polygon DeFi project 663,101 Matic tokens, or USD 660,000. According to the latest tweets by Jarvis, the breach took place at the Midas pool. The jFIAT token was the target,...
Can Rocket Pool Joining Forces With Coinbase Steal a March on Lido
17.1.2023
Rocket Pool, the third largest Ethereum liquid staking protocol by trade value locked (TVL), has joined forces with Coinbase Ventures. According to an announcement on Rocket Pool’s discord channel, Coinbase Ventures will be joining Rocket Pool’s Oracle DAO (oDAO)....
Read More: Can Rocket Pool...
AI-Fi is likely to receive a $5 million investment from Autofarm in January 2023
16.1.2023
Autofarm has published a blog post to announce that it is soon going to invest in AI-Fi during the strategic investment round that is tentatively scheduled to happen in January 2023. The investment is worth approximately $5 million with an objective to better integrate Artificial Intelligence...
Flare airdrops token supply to Ripple Holders after two years of snapshot
13.1.2023
The holders of XRP have started receiving airdrops from Flare after 2 years since the snapshots were taken, on December 12, 2020, to be precise. At the time of drafting this article, around 15% of the token supply had been airdropped to the XRP (Ripple) holders. The remaining portion of the token...