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Team Finance exploited for $14.5M during protocol migration despite contract audit
27.10.2022
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector
Bain Capital Crypto Leads $3.3M Round for Privacy-Focused Identity Protocol
27.10.2022
Notebook Labs aims to accelerate DeFi adoption with its crypto identity protocol
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
25.10.2022
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure
Unsung hero saves DeFi protocol from potential exploit: Finance Redefined
21.10.2022
Analytical data reveals that DeFi’s total value registered another dip, with the total value locked (TVL) falling below $50 billion at the time of writing
OpenSea revises NFT rarity ranking protocol after community feedback
21.10.2022
A community member argued that the new rarity ranking protocol destroys the market-driven rarity structure for some NFT collections
Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
21.10.2022
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital...
Origin Protocol’s Roofstock OnChain launches NFT Real Estate
20.10.2022
Origin Protocol completed the development of their NFT marketplace for Roofstock OnChain, which they launched. However, this is created to make it possible to exchange real-time properties in the metaverse. As a result, the very first such sale has taken place. This incident makes it the first...
SupraOracles announces partnership with Matry Protocol
20.10.2022
SupraOracles is super enthusiastic regarding formally tying up with Matry Protocol in the form of an extremely mutually beneficial partnership. Matry Protocol is a cross-chain builder and a liquidity-based protocol that functions on various prime networks. Another significant factor is that it ably...
Twitter Founder Jack Dorsey Reveals Roadmap for New Decentralized ‘Social Protocol’
20.10.2022
Twitter founder and former CEO Jack Dorsey’s Bluesky has revealed a roadmap and a new website for an open and decentralized “social protocol,” while renaming the project as the AT Protocol.
Per the new website, shared on Twitter on Tuesday by Bluesky, the organization set up by Jack Dorsey...
Hacker Steals $8.4 Million from Moola Market DeFi Protocol
19.10.2022
As cybercrime continues to be an important subject in the decentralized finance (DeFi) sector, the latest incident sees Moola Market being exploited for over $8.4 million. In a surprising turn of events, the majority of these funds were later returned.
“First off, we're buoyed by the fact that...
Persistence’s Liquid Staking Protocol pSTAKE Teams Up With Anchorage Digital
19.10.2022
Liquid staking has become more popular with institutions, particularly after the Ethereum network moved to proof-of-stake
Frax to publicly release Frax Ether (frxETH) protocol
19.10.2022
Frax Finance, as part of its imminent plans, will be in the position of officially delivering its very own liquid staking protocol. However, this will be carried out with the aim and intention of enabling all of its users to be able to successfully mint an ether-copied token. This token will go...
Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack
19.10.2022
Over 93% of the stolen funds were returned to the protocol shortly after the attack, developers said
Jack Dorsey unveils decentralized social with algo choice and portable accounts
19.10.2022
The long-awaited “Bluesky Social” app is now accepting users for private beta and says it will “launch soon”
Moola Market attacker returns most of $9M looted for $500K bounty
19.10.2022
The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol
VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
18.10.2022
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such...
Timeless Finance’s Bunni protocol makes Uniswap v3 liquidity composable
17.10.2022
The tokens have encouraged integrating Uniswap liquidity into different apps. Using former staking contracts, it aims to replace bespoke contracts to incentivize Uniswap v3 liquidity. The new venture also made borrowing collateral easy by using Uniswap liquidity. This protocol has made the...
The Girles Token Presale Raised Over $1 Million – What to Expect?
16.10.2022
Girles Token is a decentralized NFT GameFi token created on the Ethereum platform that also has a Proof-of-Staking protocol. The Girles Token is the main product in the Girles Metaverse, which has applications in over 15 different products. Girles Token was tested before being released on the main...
Interest Protocol partners with Chainlink BUILD
14.10.2022
Interest Protocol published an official blog post to share the news with the community that it has partnered with Chainlink BUILD to boost its adoption on Ethereum. Chainlink will offer enhanced support to the protocol, including access to its oracle solutions. Interest Protocol, in return, will...
Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022
14.10.2022
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm...