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Chainlink Data Streams introduces on Mainnet
3.10.2023
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...
Friend.Tech Users Targeted by SIM Swap Attack, Several Ether Drained
3.10.2023
Users tie Friend.Tech accounts to real-world X profiles and phone numbers - which increases security risks
The Leading 5 Defi Categories Overseeing Billions: An October 2023 Snapshot
2.10.2023
As of October 1, 2023, $39.50 billion is nestled within decentralized finance (defi) platforms. Let’s dive into the top five categories, spotlighting the diverse array of defi protocols, the count of these applications, and the wealth they encompass. A Look at 5 Defi Categories Commanding...
‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms
30.9.2023
Per onchain evidence, the culprit dubbed the “FTX drainer” shifted 5,000 ethereum valued at approximately $8 million, gauged by today’s exchange rates. This marked the first movement of the funds in nearly a year, with the malefactor channeling the ether into the decentralized...
Pond0x DEX Touts $100M Volume Amidst Scam Allegations
30.9.2023
Decentralized exchange (DEX) Pond0x has reportedly achieved a total trading volume exceeding $100 million despite scam allegations.
In a recent post on X (formerly Twitter), the project's official channel referred to a Dune dashboard that displayed over $111 million in all-time trading volume...
Millions in Ether Tied to FTX Account Drainer on The Move
30.9.2023
FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company
Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets
29.9.2023
Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research
Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit
29.9.2023
According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. Vinijtrongjit argued...
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
28.9.2023
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?
Examining dYdX’s Path to Profitable DeFi
28.9.2023
ParaSwap goes live on Base
28.9.2023
ParaSwap, a middleware for traders and decentralized applications, is now live on Base, an Ethereum L2 solution. With an announcement stating that this is a significant leap for them, ParaSwap has confirmed the development. Going live on Base aims to offer traders more opportunities at the best...
Fireblocks Platform Now Offers Institutions Access to Tezos
28.9.2023
Fireblocks, a platform specializing in crypto custody and settlement services for financial institutions, has added full support for the Tezos (XTZ) network.
The move allows users of the Fireblocks Wallet to securely store Tezos-based assets and leverage the platform's decentralized...
Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
28.9.2023
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading
Ethereum’s relayers down to 4 after Blocknative leaves
28.9.2023
Blocknative has said that it is withdrawing its operations or discontinuing its offering as a relayer. This officially brings the upcoming number of relayers for Ethereum to four. The community is now in splits about how things will work out, for the discontinuation is tentatively scheduled...
Protocols Must Deploy “Asymmetric Countermeasures” to Counter Code Vulnerability Exploiting Hackers — Spherex CEO
28.9.2023
While both attackers and smart contract auditors are motivated to find vulnerabilities in code, according to Eyal Meron, the co-founder and CEO of Spherex, the former “is always more incentivized as the protocol’s total value locked (TVL) grows.” To overcome this challenge, Meron...
BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi
28.9.2023
The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital currencies (wCBDCs).
This test incorporated innovative decentralized finance...
Uniswap Foundation targets $62M in additional funding
27.9.2023
The Foundation plans to issue $15 million per year in community grants to fund DeFi projects
Ending the Staking Trade-Off Can Save DeFi Communities
27.9.2023
Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave
27.9.2023
Curve founder Michael Egorov has deposited 68 million CRV tokens ($35 million) to settle his entire debt position on DeFi lending platform Aave, according to blockchain analytics firm Lookonchain
Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin
27.9.2023
Beosin EagleEye platform, a subsidiary of Beosin, a blockchain security audit company, revealed in a research report that Web3 lost approximately $890 million to various security breaches, phishing scams, and rug pulls in the third quarter of 2023.
Breaking down the losses, it was revealed that...