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Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community
3.6.2023
Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The project’s native token, MULTI, has experienced a...
Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
2.6.2023
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy faster speeds and lower transaction costs. Liquid...
Solving Lightning’s ‘Inbound Liquidity’ Problem Is Focus of New Layer 2 Bitcoin Protocol, Ark
2.6.2023
The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement - requiring users to commit funds to the protocol even when they're just receiving payments – “doesn’t make any sense.”
Uniswap Community Votes Down Protocol Fees for Liquidity Providers
2.6.2023
The initial snapshot poll was voted against by the community in a surprising move
Jimbos Protocol offers $800K bounty to the public after hacker ignores deal
1.6.2023
The Jimbos Protocol team extended the bounty offer to the public, inviting anyone who can help catch the exploiter or recover the funds to claim the reward
Multichain protocol sails through all challenges
1.6.2023
The multichain protocol has been compelled to block all cross-chain services for the sake of safeguarding the interests of connected users. At the present moment in time, the protocol is going through a rough patch of functional interruptions because of factors they were completely unaware of. This...
Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit
31.5.2023
The team is opening more cases in other jurisdictions and offering a roughly $800,000 bounty to the general public for information on the exploiter
Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun
31.5.2023
Multichain has suffered days of issues amid swirling rumors over the fate of its team
Jimbos Protocol offers deal to hacker, threatens police action
29.5.2023
The deal was posted to both the Ethereum network and the protocol’s official Twitter channel
Jimbos Protocol hacked for over $7.5 million using flash loan exploit
29.5.2023
Shortly after it fell victim to a hack, Arbitrum-based Jimbos Protocol has decided to seek the help of security researchers and on-chain analysts who collaborated on investigating similar attacks which targeted protocols such as Euler Finance and Sentiment....
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Jimbos Protocol suffers a huge loss of 7.5M
29.5.2023
The latest crypto project Jimbos Protocol has recently become a victim of a cyber attack causing it to incur a considerable loss of 4,090 Ethereum ($7.5 M) only 3 days following the release of its V2. According to Cointelegraph, as a result of the burgeoning DeFi in the market, the attack on Jimbos...
Arbitrum Based Jimbos Protocol Scurries for Revival After $7M Exploit
29.5.2023
Version 2 of Jimbos protocol was attacked over the weekend for $7.3 million, just days after going live
Arbitrum-based Jimbos Protocol hacked, losing $7M in Ethereum
28.5.2023
The attacker took advantage of the lack of slippage control of liquidity conversions to steal the funds
RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent
26.5.2023
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
DeFi protocol WDZD Swap exploited for $1.1M: CertiK
25.5.2023
The reported attacker is a known exploiter, labeled ‘Fake_Phishing750’ by BscScan
IQ Protocol forges collaboration with TCG World
25.5.2023
IQ Protocol, which is a name to reckon with in the Web3 sharing economy, has taken the step and successfully forged an exclusive collaboration with TCG World, which is a metaverse providing unique and interactive gaming exposure. Both of the entities will bring their collective expertise to...
KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund
25.5.2023
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full range fees compounding, while incorporating...
DeFi protocol Voltz launches SOFR swaps on Avalanche
24.5.2023
Investors can now hedge against interest-rate risk in a DeFi environment by trading Secured Overnight Financing Rate (SOFR) swaps
Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi
24.5.2023
SOFR – which Voltz’s new product is tied to through the Avalanche blockchain – is used to set interest rates on TradFi loans, bonds and other products in the U.S