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LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon
4.5.2024
The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token's value.
The post LayerZero...
Losses due to crypto hacks fall 67%, Bitcoin DeFi interest rises: Finance Redefined
3.5.2024
The amount stolen through crypto hacks and the number of successful attacks sharply declined in April
Tascha Punyaneramitdee, Founder of INIT Capital, on DeFi, Liquidity Hook Money Markets, Point Farming in Crypto, and 2024 Trends | Ep. 331
3.5.2024
Tascha Punyaneramitdee, the Core Contributor and Founder of INIT Capital, discusses liquidity hooks and their benefits for users and businesses alike, what protocols must do to ensure they have a long-standing product, the pros and cons of the popular point farming, and her thoughts on DePIN...
Chronicle Oracles debuts on zkSync, expands support for dApps
3.5.2024
Scribe, blockchain’s verifiable and cost-effective Oracle, will now be available on zkSync Era. Chronicle Protocol’s incorporation of zkSync unleashes decentralized and robust price feeds for numerous dApps available in the system. zkSync Era has been launched by Chronicle with their...
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
2.5.2024
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States....
Inco and Alt Layer join forces to revolutionize blockchain!
2.5.2024
Inco has formed a strategic partnership with AltLayer to integrate its Universal Confidential Computing Layer into AltLayer’s rollup suite, a significant milestone for developing decentralized applications. The primary objective of this collaboration is to enhance the effectiveness...
Aave Labs announces the Aave V4 roadmap
2.5.2024
Aave Labs has announced launching Aave V4 in mid-2025. This forms part of a broader initiative titled Aave 2030. It further marks an improvement to several protocol features to upgrade its lending platform tremendously. An alternative objective is to set a higher benchmark in the DeFi industry....
Talus integrates Ankr for Bitcoin Liquidity Staking Tokens’ access
2.5.2024
Talus integrates with Ankr, a prominent liquid staking services infrastructure layer. This collaborative effort grants the Talus Smart Agent Hub access to Bitcoin Liquid Staking Tokens (LSTs). Talus’ Smart Agent Hub will have exclusive access to Liquid Staking Tokens for Bitcoin, providing...
Stacks active accounts reach record high amid growing interest in Bitcoin DeFi
2.5.2024
The growing interest in Runes and Bitcoin DeFi will drive more activity to layer-2 networks, according to Stacks’ product manager
Hundred Finance hacker moves stolen assets a year after $7M exploit
2.5.2024
The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet
Backlash over EigenLayer airdrop shakes the crypto community!
2.5.2024
The EigenLayer airdrop’s recent disclosure has caused a variety of reactions from both cryptocurrency users and volunteers. Some have seen that it was done right, which is good, and others have analyzed it deeply. EigenLayer aims to donate 62% of its 8 million tokens to the community,...
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
2.5.2024
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability...
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
2.5.2024
Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms....
Synethix founder Kain Warwick targets mid-May launch for Infinex DEX
2.5.2024
The Infinex front-end DEX is targeting a May 13 launch, pending a final vote from Synthetix’s governing council
DeFi lending giant Aave unveils V4 protocol overhaul
2.5.2024
Aave Labs shared a proposal for the next version of its protocol, which included improvements to its stablecoin, GHO
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
2.5.2024
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance...
The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done
1.5.2024
Much-hyped restaking project EigenLayer's 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won't be ready when the token launches
Curve Finance Rewards Security Researcher $250,000 for Uncovering Critical Vulnerability
1.5.2024
Popular DeFi protocol Curve Finance has awarded a security researcher $250,000 for discovering a critical vulnerability that has historically enabled hackers to siphon off millions of dollars from cryptocurrency protocols.
The post Curve Finance Rewards Security Researcher $250,000 for Uncovering...
April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK
1.5.2024
As April concludes, the cryptocurrency industry experienced a significant downturn in combined losses from hacks and scams, reaching the lowest recorded figure.
The post April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK appeared first on Cryptonews