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Get Protocol Secures $4.5 Million Funding to Disrupt Ticketing Industry with NFTs
13.7.2023
Non-fungible token (NFT) ticketing firm Get Protocol has secured $4.5 million in new funding to create an alternative to companies like Ticketmaster.
The funding was secured from investors despite a current fundraising environment described by CEO Maarten Bloemers as “absolute hell” following last...
Leveraged Yield Protocol Rodeo Finance Initially Loses $1.7 Million in ‘Force-Investment’ Hack
13.7.2023
Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there are plans to freeze the stolen funds. Protocol...
Best Crypto to Buy Now 11 July – Mina Protocol, Compound, Solana
11.7.2023
Major cryptocurrencies are trading with a modestly positive bias on Tuesday, but are still mostly within recent ranges ahead of Wednesday’s key US inflation data.
Bitcoin (BTC) was last trading up around 1% in the last 24 hours in the $30,600 area, while ether (ETH) was last around $1,870....
Algorand decentralized lending protocol Algofi to shut down by end of year
11.7.2023
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand
Near Foundation treasury drops to $900M as token price plunges
11.7.2023
The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market
Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
11.7.2023
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective
Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products
11.7.2023
The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage
Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure
11.7.2023
Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products
DeFi Protocol Holding 55% of Algorand Value to Shut Down
11.7.2023
Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently
Lido Protocol's LDO Token Included as Second-Largest Holding in Grayscale's DeFi Fund
10.7.2023
The digital asset management firm Grayscale added Lido liquid staking protocol’s governance token to its DeFi fund.
The firm announced that it has adjusted the DeFi fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings, and using...
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455k
10.7.2023
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia's Ethereum (darcWETH) and Optimism (darcUSDC) vaults collectively
Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop 'All Work' Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning & AI Devs
7.7.2023
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: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told...
Multichain Woes: Users Informed of an ‘Abnormal’ Transfer of Assets to Unknown Address
7.7.2023
Users of the cross-chain protocol Multichain were on July 6 informed of an abnormal transfer of lockup assets on the Multichain MPC address to an unknown address. While the Multichain team has urged users to stop using the cross-chain protocol, Binance CEO Changpeng Zhao (CZ) told his followers...
Decentralized Social Media Protocol DeSo Offers $1 Million to Develop Blockchain-Based Reddit Alternative
7.7.2023
DeSo, a decentralized social media system leveraging blockchain, has announced a $1 million bounty to spur the creation of a Reddit competitor built on the platform’s native blockchain technology.
The move comes as a potential solution to increased criticisms on centralized social media platforms...
Cronos Labs partners Protocol Labs to drive Web3 adoption
7.7.2023
The blockchain business accelerator Cronos Labs has formed an exclusive partnership with Protocol Labs. While Cronos Labs is in charge of the Cronos ecosystem’s growth, Protocol Labs is more of an open-source R&D facility. It involves developing protocols in addition to the tools...
BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe
7.7.2023
Some DAO members joked about the situation while others believed there may be an ulterior motive at play
Two Hatom Protocol modules going live on July 16
5.7.2023
Hatom recently announced the launch of its two modules on the mainnet. The protocol will release Liquid Staking and Lending Protocol modules on July 16. The event will take place only three days before the Public Sale ends. The protocol released an official tweet to inform users about...
Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH
5.7.2023
Holders of Aave, the token that underpins its namesake's decentralized finance (DeFi) protocol, are taking part in a governance vote that will decide whether 1,600 ether (ETH) in the protocol's treasury will be converted to wrapped staked ether (wstETH) and rocket pool ether (rETH)
‘Bitcoin Ordinals Are One of Many Ways to Represent Real-World Assets’ — Wakweli Co-Founder
29.6.2023
While non-fungible tokens (NFTs) are generally believed to represent the link between an owner and an asset, without platforms acting as “digital notaries” there can be no effective way of stopping scammers from minting and selling plagiarized works, Shaban Shaame, the co-founder...
All VCs investing in AI, InQubeta & Ocean Protocol are seeing a surge in investor interest
28.6.2023
The InQubeta (QUBE) presale has generated so much buzz that even venture capitalists are buying up sizable holdings, as many are eager to attach themselves to what appears to be the next major technological breakthrough: artificial intelligence (AI). Ocean Protocol (OCEAN) has also seen a surge...