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Mango Markets Protocol Suffers $100 Million Exploit
12.10.2022
The Mango Markets protocol has experienced an exploit that allowed a person or group to get away with around $100m worth of various cryptoassets.
Per a Twitter thread from Mango Markets, the exploit was carried out by a person or group funding an account with the stablecoin USDC, and later taking...
Lit Protocol: Public Key Infrastructure for a Decentralized World
11.10.2022
Lit's David Sneider, a presenter at the CoinDesk I.D.E.A.S. conference, wants to decentralize public key cryptography
Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday
11.10.2022
Ethereum classic remained close to a three-month low in today’s session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July. Ethereum Classic...
DeFi Protocol Temple DAO Struck by $2.3M Exploit
11.10.2022
Temple DAO, a DeFi protocol that offers users yields on deposits, has been hit by a $2 million exploit, according to blockchain security firm PeckShield
Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
11.10.2022
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%
10.10.2022
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded...
What is Lens Protocol, and how does it work?
7.10.2022
In this guide, we share all you need to know about Lens Protocol, a decentralized social graph that simplifies building Web3 social platforms
MakerDAO goes ahead with $500M investment in treasuries and bonds
7.10.2022
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield
STYLE Protocol Inks Exclusive Partnership With Money Shark
6.10.2022
STYLE Protocol has forged a mutually beneficial partnership deal with Money Shark, thus providing the wonderful opportunity for Money Shark to bridge their very first NFT within the precincts of the metaverse. Therefore, from here on, one who desires to can successfully connect with the Money Shark...
NEAR Protocol partners with Google Cloud to support Web3 devs
6.10.2022
Under a partnership with NEAR Protocol, Google Cloud will support NEAR developers in building and scaling their Web3 projects and DApps
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z
5.10.2022
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based...
Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to Long or Hedge Bitcoin Cash Against a Myriad of Tradeable Assets
4.10.2022
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols...
The XSwap Treasure Token Aims to Impress by Providing Many Useful Functionalities
4.10.2022
PRESS RELEASE. XSwap is a name that has been gaining considerable attention lately for a compelling reason. The XSwap Treasure Token, XTT, may best be defined as XSwap Protocol’s farming reward token. Furthermore, it serves as the native token of their subproject known as the XSwap...
a16z leads $40M raise for decentralized knowledge protocol
3.10.2022
Golden, which has now raised roughly $60 million in cumulative funding, also receives a16z general partner Ali Yahya to its board
A16z Leads $40M Funding for Web3 Data Protocol Golden
3.10.2022
The protocol will use tokens to incentivize users to submit accurate information
First Mover Asia: Bitcoin Sees No October Rise Yet; the Dollar as the Protocol in the Future of Money?
3.10.2022
The largest crypto by market capitalization was down slightly in the opening days of the historically strong month for its price
Student Organizations Pull Their Weight in DeFi Protocol Governance
1.10.2022
Crypto-curious students find valuable hands-on experience and empowerment in policy elections, a typically low-participation area of the Web3 ecosystem
The Dollar Can Be a Protocol for the Future of Money
30.9.2022
USDC's stablecoin-fueled model of money, in which the dollar functions as an open “protocol,” could allow innovation to flourish. But healthy competition is a prerequisite
Push Protocol is Now Available on Polygon
30.9.2022
With the introduction of Push Protocol, formerly Ethereum Push Notification Service (EPNS), hundreds of Polygon decentralized applications and many active users now have easy access to web3-native communications. Push may now be integrated into Polygon applications, routes can now be launched,...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...