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Maker Co-Founder Proposes Future Protocol Implementation on Solana Fork
5.9.2023
Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that seeks to grow the stablecoin dai by enhancing...
Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak
4.9.2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
1.9.2023
DeFi exploits resulted in losses of over $16 million in August
Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum
1.9.2023
Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem
The Trillion Dollar Crypto Opportunity: Real World Asset Tokenization
31.8.2023
Going by technology theorist Carlota Perez's research, "RWAs" may be the next phase of substantive crypto development
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
30.8.2023
This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea
UniLend Finance Empowers Community Governance with the Launch of UFTG Token
30.8.2023
PRESS RELEASE. UniLend Finance, a leading decentralized finance (DeFi) protocol is thrilled to announce the launch of its new wrapped governance token, UFTG (UniLend Finance Governance Token) as the revolutionary protocol approaches closer to Governance launch on 4th September. This groundbreaking...
DeOrderBook Set to Launch on Ethereum Mainnet, Pioneering Truly Trustless DeFi Optionality
29.8.2023
PRESS RELEASE. DeOrderBook, a groundbreaking decentralized finance (DeFi) optionality protocol, is gearing up for its Ethereum mainnet launch, ushering in a new era for DeFi users who seek unprecedented capital flexibility, advanced hedging mechanisms, and sustainable real yield. At launch,...
Solana-based Clockwork to shutter citing ‘limited commercial upside’
29.8.2023
Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital
Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding
28.8.2023
Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.”
Nick Garfield, the founder of the protocol announced on Aug 28 the plans of the company to shut its doors by...
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....
Read More: Exclusive: Galxe...
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