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Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value
14.8.2022
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports...
Monero’s Privacy-Focused Crypto Protocol Upgrade is Now Live
13.8.2022
The upgrade to Monero's protocol, a collaborative effort involving 71 developers, has been successfully implemented
Privacy Protocol Monero Is Getting a Major Upgrade
12.8.2022
The privacy-focused network is gearing up for a hard fork that has been in the works for months
What Happens When You Try to Sanction a Protocol Like Tornado Cash
10.8.2022
Blacklists, contingency plans and calls to decentralize follow in the wake of the U.S. government’s unprecedented move to criminalize a smart contract
Human Protocol Develops New Layer Featuring Voting, Proof-of-Balance, Liquidity, and Slashing – the Routing Protocol
10.8.2022
HUMAN Protocol is an infrastructure to reshape how humans work, by supporting distributed job markets in which any job, of any size or type, can be securely tokenized, published, and completed. The HUMAN team is now developing a new blockchain coordination layer to empower communities for positive...
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit
10.8.2022
Injective will use the funds to boost the utility of the INJ Token
DeFi Protocol Curve.Finance Hacked; $570K Stolen
9.8.2022
Users have been advised not to use curve.fi and curve.exchange until the source of the hack is located
20M JavaScript devs can now build applications on NEAR: KBW 2022
9.8.2022
“A student can build an app without needing to learn new languages without needing to learn new skills,” said NEAR founder Illia Polosukhin
Once-hacked for $77M, Beanstalk's algo stablecoin protocol relaunches
8.8.2022
Beanstalk Farms stablecoin protocol was relaunched on Aug. 6 with the team working to hopefully reclaim the $100 million market cap of its BEAN stablecoin prior to the hack in April
Uniglo (GLO) Presale Starts, Cronos (CRO), And Near Protocol (NEAR) Holders Are Bridging Over To Invest
7.8.2022
Getting into the right crypto during pre-sale can be massive for your portfolio. You could see your investments skyrocket as more and more people learn about it further down the line. It’s a mistake people often make when they invest in well-known projects that already have mass-market...
L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31
7.8.2022
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers...
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
6.8.2022
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team...
DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits
5.8.2022
As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash
Biggest Movers: THETA Hits 3-Month High, While Near Climbs 17% on Friday
5.8.2022
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs. Theta...
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
4.8.2022
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography...
Cosmos-Based Liquid Staking Protocol Stride Raises $6.7M
4.8.2022
The funding round was co-led by North Island VC, Distributed Global and Pantera Capital
Cask Protocol’s Recurring Money Flows Are Now Live on Avalanche
4.8.2022
Cask Protocol recently expanded its recurring money flows on the Avalanche network. The expansion allows communities and dApps to accept recurring cryptocurrency payments. As an EVM-compatible smart contract chain, Avalanche’s C-Chain (Contract Chain) can support thousands of transactions...
Rangers Protocol Partners With Non-Custodial Wallet UniPass
4.8.2022
On July 26, 2022, UniPass, a consumer-friendly, non-custodial wallet offering a smooth integration for widespread customers and Web3 devs, began a partnership agreement with the Web3 Engine infra Rangers Protocol. NFT, GameFi, and Metaverse are just a few of the Web3 key areas for which Rangers...
Here’s How $200M in Crypto Was Drained From Nomad Protocol, According to a Security Expert
2.8.2022
Halborn Chief Information Security Officer Steven Walbroehl joined CoinDesk TV’s “First Mover” to discuss how Nomad’s bridge lost $200 million in less than 24 hours