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Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report
10.5.2024
The Ethereum layer-2-based Gains Network was vulnerable to having all of its funds drained, according to Zellic.
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Omni Network launches Octane, a powerful EVM Framework
9.5.2024
Omni Octane (“Octane”), an open source and modular implementation of the EVM, is now available, as announced by Omni Network. The Omni Network’s adoption of Octane has resulted in the most significant breakthrough in the field of blockchain technology. The groundbreaking...
NEAR Protocol’s Fast Finality Layer gets testnet launch
9.5.2024
The NEAR Protocol, a blockchain platform designed to enable decentralized applications and scalable solutions, has achieved a significant milestone with the launch of its Fast Finality Layer on testnet. This development marks a crucial step forward in NEAR’s mission to provide a robust...
Arbitrum announces integration of Injective inEVM with Arbitrum Orbit
9.5.2024
Arbitrum has announced an integration between Arbitrium Orbit and inEVM by Injective. The goal is to introduce a fully customizable interoperable rollup across the ecosystems of Ethereum and Cosmos. Needless to say, benefits extend to the ecosystem of Arbitrum as well. The introduction of inEVM...
Arbitrum DAO seeks opportunities to invest in real-world assets
8.5.2024
Some crypto companies have expressed their willingness to help Arbitrum diversify their holdings. Arbitrum is planning to invest 35 million ARB tokens valued at $37 million in liquid and stable assets. More than twenty-four companies pitched their products in a recently held open call, including...
Ethena Labs boosts USDe token with Bybit integration
8.5.2024
Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange. Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade...
Primex integrates Squid for cross-chain token transfers
8.5.2024
Primex has incorporated Squid, wherein users will be provided the option of shifting their tokens, selecting one amongst 60 backed EVM and Cosmos chains. This will be utilized in the protocol. Axelar is a Web3 interoperability blockchain linking and allowing cross-chain messaging amongst more than...
Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep. 332
8.5.2024
Backpack CEO Armani Ferrante talked about taking a long, winding path toward Solana and establishing Anchor, creating the Backpack super app, the future of the crypto economy, and why it will be ten times better.
The post Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep....
Blast Ecosystem grows on new “Jackpot” incentive
7.5.2024
After the announcement of Jackpot, tokens in the Blast ecosystem—an Ethereum Layer 2 solution—have surged in price. PacMoon has risen over 30%, Juice Finance is about 40%, and notable NFTs like Blastopians are up nearly 50%. Interestingly enough, this rise in token prices within the Blast ecosystem...
First Polygon Network bond issued via blockchain-based Debt Protocol ‘Obligate’
6.5.2024
Obligate has issued bonds using the Polygon blockchain without the involvement of any banks. Muff Trading AG, a Swiss-based physical commodities trading firm specializing in metal sourcing, issued the bonds. Muff Trading AG used the Obligate marketplace to tokenize bonds. The size and terms...
Justin Sun’s huge deposit of $376m wins Liquid Restaking Protocol
6.5.2024
The founder of Tron, Justin Sun, made a groundbreaking improvement in the cryptocurrency world when he transferred a large number of tokens with a base for Ethereum to the L2 protocol of the Swell network. The blockchain trail indicated that Sun’s wallet deposited 120,000 eETH into...
Eigen to offer 100 more EIGEN to token holders after airdrop outcry
6.5.2024
Eigen Foundation recently announced its intention to airdrop 100 EIGEN tokens to more than 280,000 wallet owners. This change highlights a deviation from the foundation’s prior approach, in which community members expressed impatience because of a dearth of token liquidity. However,...
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...
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...
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,...
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
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...