In the early hours of August 2, Nomad bridge posted an alert that it was aware of an ongoing exploit. In the following hours, the entire protocol’s funds of more than $190 million were drained. […]
a16z crypto – the crypto-focused arm of VC firm Andreesen Horowitz – is leading a $50 million funding round for the VeeFriends Non-Fungible Token (NFT) Project. The funding will help VeeFriends expand its “creative, technical, […]
Gaming YouTube streamer “Dr Disrespect” unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadrop on July 30. The initial reaction has been mixed, however, with some underwhelmed by the game’s lack of […]
The Ethereum blockchain is on the verge of one of the most crucial technical updates since its inception, moving from proof-of-work (PoW) to proof-of-stake (PoS), also called Ethereum 2.0, or Eth2. Ethereum devs gave Sept. […]
Solana-based decentralized finance yield protocol, Nirvana, is the latest victim of a flash loan attack in the cryptocurrency space. Data from blockchain security firm, PeckShield, revealed that the attacker managed to drain nearly $3.5 million […]
OMNI – an NFT finance platform that lends out cryptocurrency in exchange for staked NFTs – fell victim to a re-entrancy exploit that led to the loss of nearly 1,300 ETH, worth $1.4 million at […]
Following the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its nonfungible token (NFT) ticketing solution with football club Società Sportiva Lazio for the […]
Blockchain protocol Algorand’s chief executive officer Steven Kokinos has announced he will be leaving his position to focus on projects related to scaling adoption. In a Wednesday Twitter thread, Kokinos said he will be transitioning […]
The team behind the decentralized protocol Crypto Volatility Index (CVI) has launched an impermanent loss (IL) protection solution dubbed “Armadillo,” designated to help liquidity providers (LPs) mitigate losses during market fluctuations. Solving Impermanent Loss Issues […]
Yuga Labs – the American company that created the popular NFT collection Bored Ape Yacht Club (BAYC) – faces a possible class action lawsuit. A group of individual investors claimed that the firm inappropriately advertised […]
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