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GRO looks at ceasing official activity amid sector-wide slump
21.9.2023
GRO has decided to shut down all of its present business-related activities following the slow downfall of the DeFi arena. Their plan is to return the remaining treasury to the GRO token owners, who can then have the option of transferring it to a redemption contract. In the case of the DeFi arena...
Balancer blames ‘social engineering attack’ on DNS provider for website hijack
21.9.2023
Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer Angel Drainer was involved in the estimated $238,000 exploit
MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target
20.9.2023
Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token
Understanding the Economics of Ethereum Layer 2s
20.9.2023
Explosive Ethereum growth is on the way, with layer 2s like Arbitrum, Optimism and now Base paving the way, Michael Nadeau of The DeFi Report writes
Discord crypto trading bot shuts down after 'critical exploit'
20.9.2023
The bot was valued at $16.5 million during its token debut last month
Arbitrum Blockchain Traders Can Now Protect Against Impermanent Loss
20.9.2023
GammaSwap developers say it's the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions
Hope.money joins the Chainlink BUILD program for HOPE
20.9.2023
Hope.money recently made the official announcement about joining the Chainlink BUILD program. The distributed stablecoin project released an official post to confirm the news. According to the post, Hope.money will use the integration to achieve adoption of the HOPE ecosystem. The integration will...
DeFi Protocol Balancer Says Web Front End Is ‘Under Attack’
20.9.2023
On-chain data appears to show the attacker has stolen over $200,000 from users
Avalanche Developer, Known for Minting Millionaires and Duds, Is Back With ‘WAGMI’ Tokens
20.9.2023
Sestagalli’s previous Avalanche projects created a cult-like following in the 2021 bull run under the “frog nation” moniker
DeFi Protocol Balancer Faces Another Security Breach After Being Exploited for $2M a Month Ago
20.9.2023
Balancer, the Ethereum-based decentralized finance (DeFi) protocol, is facing a security breach, marking the second such incident in less than a month.
The platform issued a warning to its users after detecting an attack on its frontend, urging them to refrain from interacting with the Balancer...
DeFi protocol Balancer frontend is under attack, users urged to stay away
20.9.2023
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice
More SEC Enforcement Action is Coming With DeFi in Firing Line, Warns Key Agency Official
20.9.2023
The head of the US Security and Exchange Commission (SEC)’s Crypto Assets and Cyber Unit David Hirsch just sent a chilling warning to the crypto industry, which has already found itself heavily in the agency’s crossfire in recent months....
Read More: More SEC Enforcement Action is Coming With DeFi...
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
19.9.2023
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit
Blockchain Data Visualization Startup Bubblemaps Secures $3.2M in Seed Funding
19.9.2023
Paris-based Bubblemaps, a firm specializing in blockchain data visualization, announced on Monday that it had secured $3.2 million in seed funding from a group of investors. Bubblemaps stated that the newly acquired funds would be directed toward a mission to increase access to blockchain data...
Blockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFi
18.9.2023
The funds include $380 million for early-stage investments and a $200 million dollar "opportunity fund."
AX1 Unveils Comprehensive Research on the Web3 Landscape
18.9.2023
PRESS RELEASE. In a rapidly evolving digital landscape, the crypto industry stands as a beacon of innovation and opportunities. AX1 takes a deep dive into this dynamic world, focusing on the pivotal role of Trust Wallet in the DeFi and DEX sectors. The research offers a rounded perspective on...
Decentralized finance needs alternatives to blockchain
18.9.2023
Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
18.9.2023
After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...
Optimism to allocate unclaimed funds from initial airdrop
18.9.2023
Optimism, an Ethereum layer 2 network, has announced plans to disburse the unused funds that were left over from its initial airdrop. The direct receivers will be to the identified addresses that were left out. The airdrop that began on the 1st of June,2022, was responsible for disbursing...
Mark Cuban Loses Nearly $1M to Crypto Scam
18.9.2023
The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link