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Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened
8.8.2023
Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen.
On the evening of August 7 (UTC), Cypher confirmed that there had been a security incident, saying that the team was investigating it, but without providing...
Cypher Protocol freezes smart contract after an estimated $1M exploit
8.8.2023
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack
Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract
7.8.2023
The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds
Lido Attracted 10K Ether Stakers to Protocol in July
7.8.2023
The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022
Controversy as MakerDAO's Spark Protocol blocks users with VPNs
7.8.2023
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
5.8.2023
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles
What is Hooked Protocol, and how does it work?
5.8.2023
Hooked Protocol is a gamified on-ramp layer hosting learn-and-earn projects that also facilitates onboarding onto Web3. Find out about the Hooked ecosystem and how it works
Base Opens Ethereum Bridge, Mainnet to Launch August 9
5.8.2023
Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base...
Blockchain Security Firm CertiK Reveals Vulnerability in Worldcoin Protocol Allowing Unverified Orb Operator Access
5.8.2023
Blockchain security firm CertiK has disclosed a vulnerability in the Worldcoin protocol that allowed unauthorized access for an Orb operator.
In a recent Twitter thread, CertiK explained that the vulnerability allowed anyone to bypass the verification requirements to become an Orb operator...
The Sandbox implements KYC measures for protocol staking
3.8.2023
Unverified users can still withdraw staked SAND but will be unable to make further deposits
Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study
2.8.2023
After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community
ICP-based blockchain chat app launches ‘Communities’ to compete with Discord
2.8.2023
OpenChat implemented a new feature that allows admins to create groups within groups, similar to Discord’s channels within servers
DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan
2.8.2023
All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions associated with CRV
Bitcoin Ordinals team launch non-profit to grow protocol development
2.8.2023
The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million
Gravita Protocol announces integration with LayerZero Labs
1.8.2023
Gravita Protocol has announced that it has integrated with LayerZero Labs. The purpose of the integration, as stated by Gravita Protocol in the announcement, is to launch the token, $GRAI. It will be launched as an OFT, which stands for omnichannel NFT – non-fungible token. With...
Lightspark CEO David Marcus States Building on Bitcoin’s Lightning Network Is ‘Incredibly Complex and Hard’
1.8.2023
David Marcus, CEO of Lightspark, a company that builds business-grade solutions to facilitate payments on top of the Lightning Network, shared his experience in developing on top of the Bitcoin scaling layer. Marcus stated that it is “incredibly complex and hard to build software around this...
Nomura Backs $6M Round for On-Chain Fund Platform Solv Protocol
1.8.2023
The Singapore-based startup offers an on-chain fund platform that allows institutions and venture capitalists to create, use and sell financial products
Chainlink launches new cross-chain protocol, DigiToads ‘Killer’ attracts investor demand
30.7.2023
In the ever-evolving world of cryptocurrencies, interoperability has become a crucial element for unlocking the full potential of blockchain technology. As the crypto space seeks seamless connectivity between different networks, Chainlink has taken center stage by launching its highly anticipated...
NEAR Protocol is Going to Zero as NEAR Price Plummets 10% Overnight While This New Meme Coin Just Raised $1.1 Million – 100x Potential?
28.7.2023
The hopes of NEAR holders are on the rocks as failed recovery rally seems destined for downside slide, this comes amid a last-ditch attempt to push-up out of consolidation - but is it doomed to fail?
After more than two-years of heartfelt holding and despair, which has seen NEAR bleed-out more...
Binance Research's H1 2023 Report: A Positive Note in Challenging Times for Crypto
25.7.2023
Binance's 120-page "Half-Year Report 2023 July 2023," released on July 20, provides insights into the current state of the crypto market, almost two years after its peak in late 2021.
Despite facing challenges in the first half of the year, the crypto industry has demonstrated resilience, with...