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Concero and Chainlink BUILD program form an alliance
2.2.2024
Concero is collaborating with the Chainlink BUILD program to accelerate the evolution of the ecosystem and future acceptance of cross-chain apps. This will be accomplished through connectivity with Chainlink’s benchmark oracle solutions and technical support. In addition, increased crypto...
Derivatives Trading Protocol Aevo To Launch Native Token – Airdrop Confirmed
1.2.2024
Derivatives trading protocol Aevo has announced that it is set to launch its native Aevo token. In an announcement published on January 31st, the project revealed that it plans to distribute a portion of the supply to early adopters through an Aevo token airdrop. Today, we are pleased to announce...
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
1.2.2024
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
Avalanche highlights an increase in interest in tokenization
1.2.2024
Avalanche has highlighted that there is a growing interest in tokenization. This is for several reasons, most of them pertaining to tokenization finally being accepted as the next-generation technology and tokenized assets displaying a class of novel utility. The majority of the adoption is driven...
Forget Solana (SOL); Ethereum’s Real Threat Is Just Getting Started and Is Priced Just at $0.1
1.2.2024
Within the vibrant realm of cryptocurrency, while industry giants like Solana (SOL) captivate attention, lesser-known gems are quietly emerging to challenge the status quo. Among these rising stars is Retik Finance (RETIK), a project poised to disrupt Ethereum’s dominance in decentralised...
Fintech Provider Portal Raises $34 Million in Seed Funding
1.2.2024
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...
Ripple Co-founder Hacked of Over $112 Million Worth of XRP
31.1.2024
Ripple executive chairman and co-founder Chris Larsen has taken to social media to clarify reports of the payment protocol being hacked on Wednesday. Larsen’s Accounts Hacked “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not @Ripple) – we were quickly able...
Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp
31.1.2024
Bad actors have stolen $38.9 million from various Web3 projects in the first month of 2024. According to a recent report from Quantstamp, a decentralized finance (DeFi) security startup, bad actors used different attack vectors to steal funds, including smart contract hacks, key compromises,...
WEN airdrop by Jupiter introduces a new Solana NFT Standard
31.1.2024
Jupiter’s airdrop is around the corner, scheduled to happen on January 31, 2024. Expectations are pretty high, considering DEX has a steady reputation on Solana and other platforms in the DeFi sphere. The community has been waiting for it for more than a month, and with Airdrop finally making...
Anza by engineers from Solana Labs goes live
31.1.2024
Jeff Washington has introduced Anza, a new software development firm. It will work to strengthen the Solana network and fuel the adoption of SVM, an acronym for Solana Virtual Machine. What makes Anza a reliable option is the fact that it has been architected with efforts from some of the...
Sui Becomes a Top 10 DeFi Blockchain in Less Than a Year
31.1.2024
Developers on Sui are building products that people are using to address real-world challenges, according to Greg Siourounis, Sui's managing director
Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi
31.1.2024
A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different classes for defi platforms, including platforms...
Peckshield Report Reveals Decline in Crypto Losses Despite Persistent Threats in 2023
31.1.2024
Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a significant portion of the cyber thefts. Peckshield Report...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
30.1.2024
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit
Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange
30.1.2024
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks
Manta token soars to $3.7 billion valuation in just 10 days
30.1.2024
MANTA is one of the tokens to have gained significant value in the last 7 days. Despite the recent fall of 2.565 in the last 24 hours, it has jumped up by 47.98% in the last 7 days. What makes the climb remarkable is the valuation of Manta, which is now booked at $3.7 billion, …
Forget Ethereum, this rival token Priced at $0.09 will reach $16 in 2024
30.1.2024
  The cryptocurrency landscape is witnessing a seismic shift as a new challenger, priced at a mere $0.09, emerges to rival Ethereum’s long standing supremacy. This token, Retik Finance, is not just another entrant in the crowded crypto space; it represents a paradigm shift...
How To Stop Criminals From Exploiting DeFi, According To Polygon Labs
29.1.2024
Polygon Labs – the main developers behind the blockchain scaling network Polygon – published a research paper on Monday explaining how the government should go about regulating the DeFi industry. From the Treasury Department to the U.S. Senate, politicians have been loudly criticizing crypto’s...
DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget
29.1.2024
The crypto insurance protocol is anticipating growth stemming from a recent partnership