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Sonne Finance Token Drops 60% After $20M Exploit on Optimism
15.5.2024
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected
Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form
15.5.2024
The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance
Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
14.5.2024
After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers
'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
14.5.2024
A new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called "liquid vesting," lets users sell their tokens before their vesting period is over
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
14.5.2024
User activity has plunged after a hyped run-up to the start of the Runes protocol , which was expected by some to mirror Solana’s meme coin ecosystem
Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole
14.5.2024
Security firm CertiK said it has detected a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses.
The post Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole appeared first on Cryptonews
EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable
10.5.2024
Perpetual futures markets price the fully diluted value of the token at around $15 billion
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
10.5.2024
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure
EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'
10.5.2024
EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program
Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma
9.5.2024
Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling (PoSP),” aimed at addressing challenges with trust in decentralized AI networks
ETH Reverts to Inflationary Asset Following Fee-Reducing Dencun Upgrade
9.5.2024
Ethereum's recent Dencun upgrade, which was designed to reduce fees and help scale the network, has caused ether {{ETH}} to revert back to an inflationary asset -- potentially reversing one of the key benefits of last year's Merge
Chilliz and Azuro Partner to Tap Into Growing Onchain Sports Prediction Market
9.5.2024
Chiliz, the owner of the blockchain sports rewards platform Socios.com, and Azuro, the liquidity layer for onchain predictions, have partnered to grow the onchain sport prediction market.
The post Chilliz and Azuro Partner to Tap Into Growing Onchain Sports Prediction Market appeared first...
Protocol Village: Gnosis Inks Strategic Partnership with Zeal, Invests $2M
9.5.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
8.5.2024
In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster than anyone else's
Injective, Underperforming in Crypto Markets, Now Plans Layer-3 Chain on Arbitrum
8.5.2024
Injective’s "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit
It's Not a Token Offering, It's a 'Node Sale': Sophon Blockchain Raises $60M
8.5.2024
The blockchain project's founders aren't even publicly named, but they've enjoyed remarkable success in fundraising, partly thanks to this increasingly popular fundraising method, where the longer you wait, the higher price you pay
Thiel-Backed Cryptography Startup Lagrange Raises $13M
8.5.2024
Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave
Ethereum Developers Target Ease of Crypto Wallets With 'EIP-3074'
6.5.2024
EIP-3074 has drawn both support and concern from the Ethereum community, a code change that is supposed to improve the user experience with wallets on the blockchain
Stacks, Moonriver, Hedera Network and Iron Fish Join Axelar’s Interchain Amplifier
6.5.2024
Web3 cross-chain protocol Axelar has announced over 60 chains including Stacks, Moonriver, Hedera Network and Iron Fish have joined a devnet-phase pilot of Interchain Amplifier.
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