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Charles Hoskinson Asserts Cardano Will Surpass All: Envisioning ADA as the Leading Global Cryptocurrency
28.8.2023
During the Rare Evo blockchain and cryptocurrency convention, Cardano’s founder Charles Hoskinson expressed his conviction that ADA will eventually become the “biggest cryptocurrency in the world.” Simultaneously, ADA’s value has plummeted 15.2% against the U.S. dollar...
Robinhood Revealed to be Third-Largest Bitcoin Holder With $3B in BTC
28.8.2023
Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period
Balancer briefs community about taking precautionary steps
28.8.2023
Balancer reported the vulnerability to the community on August 22, 2023. Every member has been on their toes since then. Reports claimed that the breach had affected 1.4% of the Total Value Locked. The portion was later revised to 0.89%, roughly translating to $5.6 million. This has been credited...
Pepecoin Says 'Bad Actors' on Team Stole $15M PEPE
28.8.2023
Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week
Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert
28.8.2023
Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools.
Blockchain security expert Meier Dolev revealed the identity of the hacker who exploited the vulnerability. ...
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Growing Use of AI in Making Web3 Games Hints at Accelerated Adoption of Blockchain — Cronos Labs MD
27.8.2023
The use of non-fungible tokens (NFTs) when launching Web3 games as well as developers’ emergence as experts at community management are some of the promising trends in blockchain gaming that can accelerate mass adoption, Ken Timsit, the managing director (MD) at Cronos Labs, has said. Timsit...
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days
26.8.2023
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July...
Ethereum Staking Flourishes While Value of DeFi Assets Shrinks – What's Going On?
26.8.2023
Ethereum (ETH) staking has been flourishing through protocols like Lido and Coinbase's staking service even as the value of DeFi assets continues to decline.
Over the past year, the crypto sector has experienced a series of setbacks, including failures of centralized crypto exchanges and services...
1inch Network embraces Base: Unlocking new DeFi horizons
25.8.2023
The 1inch Network is taking an impressive leap into decentralized finance (DeFi) by integrating its 1inch Aggregation and Limit Order Protocols onto Base, the Layer-2 Ethereum scaling solution created by Coinbase. This groundbreaking move in the network’s development will provide users with...
Side Protocol integrates Injective for Mesh Liquidity
25.8.2023
Side Protocol has integrated Injective. Described as strategic in the announcement by Side Protocol, the idea behind establishing this association is to embrace Mesh Liquidity to achieve further innovations in decentralized finance, also known as DeFi. It will specifically look to achieve...
Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam
25.8.2023
Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam.
Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with other financial exit scams.
Blockchain analyst ZachXBT also warned of...
Cypher Says Token Offering Part of Steps to Make Users Whole
25.8.2023
The Solana-based digital asset exchange announced on Aug. 23 that it is planning the “most fair” token launch in the history of Solana. According to Cypher, part of the funds raised via the initial decentralized offering will be used “to sustain protocol development, pay...
Tokenization News Roundup: Resource Extraction, Social Media Monetization and Real World Connections
24.8.2023
PancakeSwap Version 3 Goes Live on Ethereum Layer 2 Linea Mainnet
24.8.2023
PancakeSwap v3 introduces advanced Swap and Liquidity Provision functionalities, enabling users to trade tokens seamlessly and maximize capital efficiency
Binance Labs merge with Pendle Finance: Scaling DeFi Yield & LSDfi
24.8.2023
Pendle Finance, a DeFi protocol that specializes in tokenizing and trading yield-generating assets, has been acquired by Binance Labs, its venture capital and incubation group. This further shows how serious Binance Labs is in pushing forward projects that seem to be very promising and have...
Pendle Finance Users Can Now Profit From Real World Assets
24.8.2023
Pendle will use MakerDao’s boosted Savings (sDA) and Flux Finance’s fUSDC in its first real-world assets (RWA) based product
Quantstamp Crypto Firm Launches New Service to Prevent Flash Loan Attacks – How Does it Work?
24.8.2023
Blockchain security provider Quantstamp has unveiled an innovative tool named Economic Exploit Analysis, designed to bolster the security of decentralized finance (DeFi) protocols by detecting potential flash loan attack vectors within smart contracts.
As per the Quantstamp's announcement,...
The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech
23.8.2023
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks
DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters
23.8.2023
The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday
Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon
23.8.2023
Recursive inscription proponents claim the tech can bring DeFi to Bitcoin, create an on-chain AWS competitor — and even a BTC “supercomputer.“