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DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here's What Happened
12.10.2023
Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million.
In a recent blog post on X (formerly Twitter), security firm PeckShield noted that the Avalanche-based project has been exploited.
Following the alert...
Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting
12.10.2023
Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines.
BarnBridge confirmed in July that is it facing a probe from the US regulators...
DeFi Protocol BarnBridge Prepares for SEC Action, Fines
11.10.2023
The decentralized autonomous organization is holding a vote on how to respond to securities regulators
The Protocol: Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
11.10.2023
ZeroSync's Robin Linus has ignited excitement in the Bitcoin community by introducing the "BitVM" paper, proposing a straightforward method for incorporating smart contracts into the original blockchain, a feature predominantly associated with Ethereum and its numerous derivatives
Protocol Village: VitaDAO, a ‘DeSci DAO,’ Launches Matrix Biosciences
9.10.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 9-15, with live updates throughout
Backed Finance Rolls Out Crypto-Backed BlackRock ETF on Base Protocol
6.10.2023
Switzerland-based blockchain protocol Backed Finance has launched the first-ever tokenized government bond on the Base network.
Culled from BlackRock's iShares bond exchange-traded fund (ETF) UCITS, this financial instrument will be identified by the ticker symbol blB01.
It represents...
Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing
6.10.2023
The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer
Thorswap Halts Operations Amidst FTX Hacker’s Fund Movement; RUNE Drops 8.6%
6.10.2023
The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all criminal actions.” Thorswap Pauses Amidst FTX Hack...
Best Crypto to Buy Now October 5 – Aave, Trust Wallet, Mina Protocol
6.10.2023
One of the biggest pieces of crypto news today involves multiple users on Friend.tech falling victim to SIM swap attacks, resulting in the theft of over $385,000 worth of Ethereum.
According to an X post on October 5 by blockchain analyst ZachXBT, the hackers stole 234 ETH worth around $385,000...
TRON DAO and GT Protocol enter into a partnership
5.10.2023
TRON DAO has announced its partnership with GT Protocol. This empowers its users to access AI-powered automation, making it convenient for users to explore the ecosystem of Tron. GT Protocol has echoed this announcement, saying that the integration is a result of incubation by ChainGPT. It will...
Perennial Protocol introduces V2 on Arbitrum Network
5.10.2023
Perennial Protocol has finally introduced V2. The achievement comes with a long period of extreme effort and dedication, resulting in the fact that it will be quicker, cost-effective, and capital-effective. However, let us have a closer understanding of the achievements of Perrenial’s V1. V1...
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
4.10.2023
In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network
Today in Crypto: Yield Protocol Shutting Down, Wirex Reveals App Chain Connecting DeFi & TradFi, Montréal Exchange Announces BTC Futures Contracts
4.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Yield Protocol Shutting Down, Wirex Reveals App Chain Connecting DeFi & TradFi, Montréal Exchange...
Yield Protocol to permanently 'wind down' operations by December 2023
4.10.2023
Unfavorable crypto regulations in the United States, Europe and the United Kingdom was one of the factors for Yield Protocol's untimely shut down
DeFi Project Yield Protocol to Wind Down by Year's End
4.10.2023
At its peak in April 2022, Yield Protocol had over $22 million in total value locked, but this figure has since dwindled to around $2 million
IOTA Foundation is set to release IOTA 2.0 Protocol Update
3.10.2023
The IOTA Foundation recently talked about its upcoming IOTA 2.0 protocol update. The venture has been researching and prototyping the update for years. The goal of the update is to facilitate digital autonomy across the web. Besides this, IOTA is also pushing its Stardust upgrade on October 4 at...
Protocol Village: Babylon Unveils Bitcoin Staking Protocol for Cosmos Ecosystem
2.10.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development
2.10.2023
On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over...
Vitalik Buterin Discusses Ethereum Protocol ‘Enshrining’: ‘Blockchains Are Social Systems’
1.10.2023
Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted that Ethereum started with a philosophy of striving for simplicity but that...
Protocol Guild In For Big Pay Day From Ether ETF
1.10.2023
VanEck has announced that it will donate 10% of all profits from its upcoming Ethereum (ETH) futures exchange-traded fund (ETF) to the Ethereum core developers for a period of ten years.
The beneficiary of this initiative will be The Protocol Guild, a group comprising more than 150 developers...