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Arbitrum to break up governance votes after community backlash
3.4.2023
The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens
BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market
3.4.2023
While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than 88% since the crypto asset’s all-time high...
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
2.4.2023
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit...
USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins
2.4.2023
A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins like tokenized bank deposits and CBDCs may be needed to prevent contagion
Crypto Scammer Gets Away with $1.2M in ARB Tokens Through 'Address Poisoning' Attack – Here's What Happened
1.4.2023
A hacker has made off with $1.2 million worth of ARB tokens through a relatively new type of cyber-attack that uses modified wallet addresses to steal funds.
Blockchain data shows that one crypto address has been stealing funds from Arbitrum users. So far, the attacker has scammed out over...
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
31.3.2023
Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders
UNICEF's Foray into Crypto: Agency Tests Prototype DAO for Digital Public Goods
31.3.2023
UNICEF, a United Nations agency focused on humanitarian aid and relief to children, is further venturing into the cryptosphere with its ongoing work related to a decentralized autonomous organization (DAO) prototype.
"Right now, we're building a DAO prototype to fairly distribute power...
Shiba Inu's Testnet 'Puppynet' Sees Rising Activity Ahead of Shibarium Mainnet
31.3.2023
Over 700,000 transactions have been conducted on the testnet so far, which, however, isn’t extremely large relative to the hype
Arbitrum begins hosting Yama Finance
31.3.2023
Yama Finance is hosted on the Fuel and Eclipse networks, among others. The list has been expanded by the addition of Yama Finance, which has announced its debut on Arbitrum as of the end of March 2023. Yama Finance is an omnichain stablecoin with the industry’s highest leverage and liquidity....
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
31.3.2023
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner
ERC-4626 Alliance fosters collaboration & enhances ERC-4626 standard
30.3.2023
Considering the sheer force of standards, it becomes imperative for an overall wider endorsement that happens to be required for them to be able to create a greater impact. In the case of the previous endorsers of the ERC-4626, they have declared the 4626 Alliance, wherein a group of 4626 builders...
Instadapp introduces Transaction Transparency on Avocado
30.3.2023
Instadapp has taken to Twitter to share a major update on Avocado. It comes in the form of Transaction Transparency. The update basically empowers the users to gain insight into how transfers and approvals are done on the network. Specifically speaking, insights will relate to the approval of flash...
Today in Crypto: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico Transactions in Partnership with Ripple
29.3.2023
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: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico...
Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs
29.3.2023
The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem
IOTA Releases Shimmer Public Test Chain Ahead of Native Ethereum Virtual Machine Launch
29.3.2023
The public testnet will help developers improve the resilience, performance, and security of ShimmerEVM
Ethereum Core Developers Announce Date for Long-Awaited Shapella Upgrade – Here's What You Need to Know
29.3.2023
"It's happening," said an Ethereum (ETH) core developer, announcing the launch of the network's much-anticipated Shapella update in two weeks.
The Shanghai and Capella upgrades, aka Shapella, are scheduled for April 12, said developer Tim Beiko in a Tuesday tweet. "If you're a validator,...
DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
29.3.2023
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama
Notional introduces Notional V3 as the next level in DeFi lending
29.3.2023
Notional has created an absolute landmark by taking DeFi lending to the very next level with the introduction of Notional V3. This, in turn, is the most highly boosted protocol ever witnessed by DeFi. Notional V3, on its part, delivers the prime money market, which in actuality happens to be...
Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest
29.3.2023
A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.
According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade. The function included a...
Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says
29.3.2023
A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said