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Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service
23.8.2023
The service has been released in collaboration with researchers from the University of Toronto
Exactly Protocol Announces $700,000 Bounty For Information on Hacker
23.8.2023
Optimism-based Exactly Protocol that lost $7.3M million in a recent exploit is offering a bounty of $700,000 on any information that could lead to the arrest of the hacker and help recover lost funds.
The DeFi protocol revealed the cause of the exploit on August 19. The team behind Exactly...
Ether Staking Demand Remains Unfazed as EigenLayer 100k ETH Cap Limit Filled Within Hours
23.8.2023
Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH)
Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning
22.8.2023
Ethereum-based DeFi major Balancer learned of a "critical vulnerability" that imperils a slice of the protocol's user-deposited crypto
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Privacy Breach at Friend.tech: Wallet Addresses and Usernames of 101,000 Users Exposed
22.8.2023
Friend.tech has suffered from a major privacy breach that has led to the unauthorized disclosure of sensitive information pertaining to more than 101,000 individuals.
Banteg, a core contributor to popular DeFi project Yearn Finance, has published a repository of publicly available scraped data...
Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
22.8.2023
Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month
Decentralized Social Network Friend.tech Surpasses $1 Million in 24-Hour Fees, Leaving Uniswap and Bitcoin Behind
21.8.2023
Decentralized social network Friend.tech has generated over $1 million in fees within just 24 hours of its release, outperforming well-established players like Uniswap and the Bitcoin (BTC) network.
According to data from crypto data aggregator DefiLlama, Friend.tech has generated $1.12 million...
Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market
21.8.2023
The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch
BNB Chain Exploiter Liquidated for $30M on Venus Protocol
21.8.2023
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly
Ethereum’s Zero-to-One: A moment of phone-run nodes explanation
21.8.2023
An important step towards increasing Ethereum’s decentralization is coming soon. This new update could potentially lead to a big decrease in the amount of data needed for running infrastructure on the well-known smart contract network. Right now, Ethereum’s validator nodes –...
DeFi protocols Exactly, Harbor hacked in separate attacks
19.8.2023
A fresh round of attacks targeted the DeFi ecosystem on Aug. 18. The Exactly protocol was exploited for nearly $7.3 million, while the Harbor's team is still estimating the amount stolen
Zetachain Raises $27 Million to Develop a ‘Chain to Manage Them All’
19.8.2023
Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jane Street Capital, among others, participated in the funding round. Zetachain...
Curve Finance to reimburse users, another DeFi hack, and ConsenSys launches L2: Finance Redefined
19.8.2023
The DeFi ecosystem had another exploit of over $2 million on a stablecoin liquidity pool this past week, just weeks after the Curve Finance exploit
Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable its Operator Filter, Taiwan Proposes Business Category for Crypto Firms to Self-regulate & Form Industry Associations
18.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable...
DeFi Lender Exactly Protocol Exploited For $12 Million
18.8.2023
Optimism-based decentralized crypto lender Exactly Protocol suffered a bridge exploit as it lost as much as $12 million worth of ETH earlier today.
Blockchain security firm De.Fi reported that the hacker used an exploiter contract on Ethereum that transferred deposits to Optimism before ultimately...
TRON DAO Ventures’ investment fuels Curve’s launch on networks
18.8.2023
TRON and Curve have bagged a crucial partnership in the DeFi sphere. There are basically two parts to this collaboration. The first part is where TRON DAO Ventures has invested $2 million in CRV by buying tokens of the same value. The second part is where Curve has agreed to launch on two networks...
Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
18.8.2023
Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges
The Protocol: Blockchains Keep Launching, From Sei to Shibarium
17.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Microsoft and LeverFi Launch AI-Backed Solution to Overcome DeFi Challenges
17.8.2023
Microsoft and LeverFi have joined forces to launch an AI-backed solution that aims to tackle the challenges facing the decentralized finance (DeFi) industry.
The DeFi ecosystem is grappling with some significant challenges, including security hacks, poor risk management policies, and manual...