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PropyKeys integrates Chainlink Automation for efficient staking reward disbursement
2.4.2024
PropyKeys has incorporated Chainlink Automation to safely and effectively activate the disbursement of staking rewards on their platform. This will help enhance overall user exposure and simplify the process. Incidentally, PropyKeys is positioned live on the Base mainnet. By utilizing Chainlink...
MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
$336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield
1.4.2024
According to PeckShield's data, approximately $100 million in stolen digital assets from hacking incidents in March have been successfully recovered.
The post $336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield appeared first on Cryptonews
The Ronin Guild gets positioned live on Guild.xyz
1.4.2024
Ronin Guild gets positioned live on Guild.xyz, which is a no-code platform that allows guilds to exist and grow, surrounding multiple off-chain and on-chain features. The incorporation provides the option for developers on Ronin to reward their community depending on every member’s involvement....
Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable
1.4.2024
Prisma Finance addresses the recent security breach of $11.6 million with a recovery strategy and measures aimed at protecting $540,000 in user funds still vulnerable.
The post Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable appeared first on Cryptonews
Prisma Finance is up against the siphoning of $12 million
29.3.2024
Prisma Finance, a DeFi protocol that releases stablecoins supported by Ethereum liquid staking and re-staking tokens (LRTs), loses $12 million through a cyber attack. Initially noticed by Cyvers, a company in the field of blockchain safety, the hackers were able to empty the amount of 3,258...
Ocean Protocol discusses Superintelligence Alliance’s impact on DF and veOCEAN
29.3.2024
Ocean Protocol has explained how things will be rolled out after other partners of Superintelligence Alliance have concluded their respective ‘yes’ or ‘no’ votes. The outcome of their mechanism will majorly affect three aspects, namely Passive DF, Volume DF, and veOCEAN, with DF being an acronym...
LiNEAR Protocol brings in omnichain liquid staking
29.3.2024
LiNEAR brings into the picture omnichain liquid restaking with the first purpose of taking forward NEAR’s chain abstraction. LiNEAR is a leader in DeFi protocols on NEAR and has the maximum TVL. It intends to improve the safety aspects of NEAR’s chain abstracted network via staking....
Swapr integrates OpenOcean to boost DeFi capabilities
29.3.2024
It is a matter of great pride for Swapr as the widest-reaching aggregator will be integrated into Swapr. The creative folks at Swapr are excited to welcome OpenOcean into the Swapr. Integrating a prominent DeFi aggregator into the trading platform is a tremendous achievement for Swapr. It is...
Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange
28.3.2024
Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving FixedFloat, which resulted in a loss of $9 million.
The post Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange appeared first on Cryptonews
TruFin partners with Laser Digital to launch institutional-focused Polygon Adoption Fund
28.3.2024
Nomura’s digital asset subsidiary, Laser Digital, is partnering with WebN-incubated blockchain technology TruFin to start a new business. By launching the Laser Digital Polygon Adoption Fund (“Fund”), this effort uses Polygon’s Aggregation Layer (AggLayer) to convert...
The fascinating journey of Linea Voyage: A novel Era of DeFi engagement
28.3.2024
Linea has witnessed splendid growth in the previous years, and its vibrant community is accountable for this massive growth. Thousands of users connected through Linea Voyage to decentralized applications or dapps in their ecosystem. The world is moving towards transformative decentralization...
OKX API Failure Causes Account Balance Confusion, Thousands of Users Affected
27.3.2024
The OKX API has hit a snag, causing account balance chaos for users in Singapore, Japan, and the US. The Rest API crash has led to errors, incorrect data, and failed trades. OKX assures users of asset safety, but the glitch has impacted the OKB token value. Read on for more details and recent...
Hedera Network: Powering DeFi with speed, security, and global governance
27.3.2024
Provides an optimized Besu EVM for smart contracts. Offers a native tokenization service and a high-throughput data writing and verification service. The Hashgraph Consensus Algorithm offers impressive capabilities regarding high throughput, fair ordering, and low-latency consensus. It...
Badger launches 0% interest Bitcoin lending with eBTC
27.3.2024
Badger Finance has announced the launch of the Bitcoin lending protocol – eBTC. It comes with the offering of 0% interest and has been launched effective March 26, 2024. The mechanism leverages stETH by Lido. It enables users to borrow a yield-bearing Bitcoin-pegged stablecoin using ETH...
Chateau debuts on Arbitrum One: A new era begins
27.3.2024
The Chateau Capital team is excited to announce the launch of the Chateau app on Arbitrum One Network, which is considered a significant milestone in opening investments to the global arena. Investors worldwide are now allowed to venture through and invest in the leading product of Chateau, Chateau...
OpenZeppelin forms an exclusive collaboration with Chainlink Labs
27.3.2024
OpenZepplin forges an exclusive collaboration with Chainlink Labs to encourage a more secure and reliable blockchain arena. Through collaboration, the Chainlink BUILD program will be totally backed by the Chainlink BUILD program, which encourages upcoming startups and speeds up the overall growth...
Near makes DeFi across chains a reality with Chain Signatures
27.3.2024
Near Foundation has released Chain Signatures, a protocol that will allow users to put their signatures on transactions carried out on intermediary blockchains. This will be made possible from a sole Near account. As per a spokesperson representing Near, currently, Chain Signatures has been...
Memecoins are making a move from Solana to Base: $64.1 billion market cap
26.3.2024
15 out of 20 coins have shown significant transaction volume on Base, with a 7.1% increase in market capitalization in the last 24 hours. Top 5 performing memecoins on Base include BRETT, TOSHI, DEGEN, and Mochi. Since the latest Dencun update on the Ethereum network, Base has grown in popularity...
Revolutionizing Sui: Inspect’s leap in blockchain innovation
26.3.2024
In an exciting, significant decision aimed at revamping the Sui ecosystem, a leading tech firm has declared its ambition to take the primary position of data provider for the Sui Network. This collaborative venture ushered in the creation of a purpose-built platform with its creation mission to...