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Former OpenSea Executive Entangled in AnubisDAO Rug Pull Allegations


Kevin Pawlak, the former head of ventures at NFT marketplace OpenSea, is facing accusations connected to the AnubisDAO rug pull incident that occurred in 2021. The allegations came to light in an October 6 X (formerly Twitter) thread posted by an anonymous account called NFT Ethics.  For its part...

Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network


Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares...

Stars Arena patches a smart contract vulnerability


Stars Arena faced an exploit worth $2,000. Now, reports are surfacing claiming that almost $1 million could be at risk. It was basically a smart contract vulnerability that enabled hackers to sell zero shares in return for AVAX. Meaning, they were draining funds from the network with...

Perennial Protocol introduces V2 on Arbitrum Network


Perennial Protocol has finally introduced V2. The achievement comes with a long period of extreme effort and dedication, resulting in the fact that it will be quicker, cost-effective, and capital-effective. However, let us have a closer understanding of the achievements of Perrenial’s V1. V1...

Manifold Finance introduces LST with MEV optimization


Manifold Finance has released a new liquid staking token (LST) that is mev-optimized in an effort to wipe out competition in the ether staking derivatives market. Manifold promised in a blog post examined by Blockworks that its users would soon be able to convert their 28,000 crETH2 to mevETH,...

AI is the Key To DeFi Liquidity


Three ways artificial intelligence can improve DeFi’s accessibility, security and compliance, bringing more capital into the industry

Chainlink Data Streams introduces on Mainnet


Chainlink Data Streams has been introduced, an all-inclusive data solution for the betterment of the DeFi space. It combines low-latency data delivery and automated trade implementation, opening the doors to new-age and speedy derivatives products. Currently, Data Streams is in the Mainnet Early...

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