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Nalezeno "ZK protocol": 3621

Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion

13.8.2023
Binance Labs, the venture arm of Binance, injected $10 million into Helio Protocol on August 11th. This investment supports Helio Protocol's ongoing shift towards becoming a liquid staking platform. The substantial funding from Binance Labs highlights Helio Protocol's promising potential...

Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space

11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....

Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO

11.8.2023
Fisher Yu, the co-founder and chief technology officer (CTO) at the bitcoin staking protocol Babylon Chain, has argued that when staking bitcoin, stakers “do not need to trust or give their bitcoins to any third parties.” According to Yu, such an attribute helps to “eliminate...

Binance Labs announces granting $10M to Helio Protocol

11.8.2023
Binance has announced that its investment arm, Binance Labs, is granting funds worth $10 million to Helio Protocol. The objective is to support the innovation in the direction of enhancing the DeFi experience. For Binance Labs, the investment reflects its dedication to supporting projects that...

The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

10.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...

Aave's Earning Farm protocol targeted by reentrancy attack — PeckShield

9.8.2023
According to the blockchain security firm, Aave protocol's Earning Farm was compromised by a reentrancy attack on Aug. 9

Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened

8.8.2023
Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen. On the evening of August 7 (UTC), Cypher confirmed that there had been a security incident, saying that the team was investigating it, but without providing...

Cypher Protocol freezes smart contract after an estimated $1M exploit

8.8.2023
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack

Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract

7.8.2023
The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds

Lido Attracted 10K Ether Stakers to Protocol in July

7.8.2023
The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022

Controversy as MakerDAO's Spark Protocol blocks users with VPNs

7.8.2023
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy

NFT Trading Is Ice Cold But Developers Are Still Hot for Web3

5.8.2023
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles

What is Hooked Protocol, and how does it work?

5.8.2023
Hooked Protocol is a gamified on-ramp layer hosting learn-and-earn projects that also facilitates onboarding onto Web3. Find out about the Hooked ecosystem and how it works

Base Opens Ethereum Bridge, Mainnet to Launch August 9

5.8.2023
Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base...

Blockchain Security Firm CertiK Reveals Vulnerability in Worldcoin Protocol Allowing Unverified Orb Operator Access

5.8.2023
Blockchain security firm CertiK has disclosed a vulnerability in the Worldcoin protocol that allowed unauthorized access for an Orb operator. In a recent Twitter thread, CertiK explained that the vulnerability allowed anyone to bypass the verification requirements to become an Orb operator...