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Protocol Village: Binance Labs Invests in Delphinus, a Bet on Zero-Knowledge WebAssembly
28.8.2023
The latest in blockchain tech upgrades and announcements
Protocol Village: Binance Labs Invests in Delphinus, a Bet on Zero-Knowledge WebAssembly
28.8.2023
The latest in blockchain tech upgrades and announcements
Exclusive: Galxe Set To Launch a Permissionless Self-Sovereign Identity Infrastructure, Galxe Protocol
28.8.2023
In a confidential revelation to cryptonews, Galxe, a pioneering Web3 community development platform, has declared the imminent launch of the Galxe Protocol, a permissionless self-sovereign identity infrastructure set to reshape the landscape of digital identities....
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Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert
28.8.2023
Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools.
Blockchain security expert Meier Dolev revealed the identity of the hacker who exploited the vulnerability. ...
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While Friend.tech booms, decentralized social has a retention problem — Execs
28.8.2023
Decentralized social network Friend.tech may be booming right now, but execs say decentralized social media apps still have an onboarding and retention issue to fix
Side Protocol integrates Injective for Mesh Liquidity
25.8.2023
Side Protocol has integrated Injective. Described as strategic in the announcement by Side Protocol, the idea behind establishing this association is to embrace Mesh Liquidity to achieve further innovations in decentralized finance, also known as DeFi. It will specifically look to achieve...
Cypher Says Token Offering Part of Steps to Make Users Whole
25.8.2023
The Solana-based digital asset exchange announced on Aug. 23 that it is planning the “most fair” token launch in the history of Solana. According to Cypher, part of the funds raised via the initial decentralized offering will be used “to sustain protocol development, pay...
The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech
23.8.2023
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks
DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol
23.8.2023
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value
Is It Too Late to Buy Near Protocol? NEAR Price Blasts Up 5% and Viral Project Launchpad Uses AI to Find the Next 100x Crypto
23.8.2023
Layer-1 blockchain project Near Protocol (NEAR) has jumped up +8% so far this week, amid an emerging bounce that could see NEAR reclaim position atop the 20DMA.
This comes following almost four-months of bleak downside price action for NEAR, which has bled-out half its value (-50%) since April...
Quantstamp introduces tool to detect protocols’ flash loan attack vulnerability
23.8.2023
The new service, called Economic Exploit Analysis, uses University of Toronto research and will work on any EVM-compatible blockchain
Exactly Protocol Announces $700,000 Bounty For Information on Hacker
23.8.2023
Optimism-based Exactly Protocol that lost $7.3M million in a recent exploit is offering a bounty of $700,000 on any information that could lead to the arrest of the hacker and help recover lost funds.
The DeFi protocol revealed the cause of the exploit on August 19. The team behind Exactly...
BNB Chain Exploiter Liquidated for $30M on Venus Protocol
21.8.2023
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly
Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps
18.8.2023
JPEG’d DAO voters are deciding how to account for a $1 million bounty
DeFi Lender Exactly Protocol Exploited For $12 Million
18.8.2023
Optimism-based decentralized crypto lender Exactly Protocol suffered a bridge exploit as it lost as much as $12 million worth of ETH earlier today.
Blockchain security firm De.Fi reported that the hacker used an exploiter contract on Ethereum that transferred deposits to Optimism before ultimately...
Tether to Withdraw Support for USDT on Omni, Kusama, and Bitcoin Cash’s SLP
18.8.2023
Tether has announced a strategic transition that will see the company withdraw support for USDT issued on Omni, Kusama, and Bitcoin Cash’s Simple Ledger Protocol (SLP). The company stated that one of the factors that affected this decision was the level of community interest in these...
Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
18.8.2023
Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges
The Protocol: Blockchains Keep Launching, From Sei to Shibarium
17.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Cashtokens Upgrade 3 Months Out: BCH Developers Building NFT Creator Studio, Marketplaces, Wallets, and More
16.8.2023
With the Bitcoin Cash network’s May 15 Cashtokens upgrade now three months behind us, bustling development in non-custodial wallets, marketplaces, non-fungible tokens (NFTs), games, and other applications continues unabated. Paytaca wallet CEO Joemar Taganna notes that “improvements...
Increased Interest Rates Drive Maker Protocol's Revenues to 2-Year High of $165 Million
15.8.2023
The annualized revenue generated by the popular decentralized finance (DeFi) protocol Maker has risen to over $165 million, representing a 2-year high.
The strong development in revenue could be seen in data from Makerburn.com, which at the time of writing also showed that revenue had surpassed...