Topic
ArbitrumBeginnerThe Aave protocol’s highly anticipated GHO stablecoin has officially launched on Arbitrum, marking a significant step in its multi-chain expansion strategy. This deployment, approved by the Aave DAO (decentralized autonomous organization) community, allows users on the Arbitrum network to…
#aave#defi#layer-2
The U.S. Department of the Treasury and Internal Revenue Service (IRS) finalized regulations on June 28th, 2024, requiring cryptocurrency brokers to report customer transactions to the IRS. This aims to improve tax collection and crack down on crypto-related tax evasion. Key points: Overall, this…
#crypto#defi#nfts
BitcoinBeginnerCrypto hacks saw a significant decline in June 2024, with losses dropping over 50% compared to the previous month. According to data from PeckShield, a crypto analytics firm, roughly 20 hacking incidents were reported in June, resulting in a net loss of nearly $176 million. This represents a…
#crypto#defi#hackers
GeneralBeginnerHong Kong has set its sights on decentralized finance (DeFi) and metaverse technologies. Government-backed studies by the Hong Kong Institute for Monetary and Financial Research (HKIMR) highlight these areas as ripe opportunities for growth. Hong Kong’s report on DeFi explores the sector’s…
#china#defi#government
EthereumBeginnerStudio369, the minds behind the popular mech shooter MetalCore, announced the commencement of their third Closed Beta (CB3), kicking off on June 27th. This beta phase brings exciting new features, with a focus on integrating Non-Fungible Tokens (NFTs) and Web3 technology into the core gameplay…
#crypto#defi#gaming
BitcoinBeginnerBitcoin layer-2 developer Alex Lab claims the North Korean hacking group Lazarus Group is likely responsible for a $4 million exploit they suffered in May. In a recent post, Alex Lab revealed “substantial transaction evidence” linking the attack to Lazarus Group. They detailed three wallet…
#crypto#defi#hackers
GeneralBeginnerA MakerDAO delegate, a key player in the governance of the influential decentralized finance (DeFi) platform, has suffered a significant setback after falling victim to a phishing scam. The incident, detected on June 23rd by web3 security firm Scam Sniffer, resulted in the loss of a staggering $11…
#crypto#defi#phishing-attack
SolanaBeginnerVideo game development on the Solana blockchain just got a significant boost. Mirror World Labs, a Solana-focused gaming studio, has secured $12 million in its first-ever Series A funding round. This investment will fuel the further development of their key product, the Sonic protocol. Launched in…
#crypto#defi
EthereumBeginnerThe Ethereum ecosystem is scaling new heights, literally. According to L2BEAT data, the combined transactions per second (TPS) of Ethereum’s scaling solutions reached an all-time high of 246.18 on June 16th, 2024. This translates to an estimated 21.2 million transactions processed across the day.…
#defi#gaming#layer-2
SolanaBeginnerSolana-based bot designed to exploit a specific arbitrage opportunity has raked in a staggering $30 million over the past two months. This bot, nicknamed “arsc,” leverages a technique known as maximum extractable value (MEV) arbitrage, raising concerns within the Solana community. MEV arbitrage…
#defi
GeneralBeginnerThe UwU Lend faces a fresh blow as attackers exploit a vulnerability yet again, stealing $3.5 million during the ongoing $20 million reimbursement process. Just days after a significant hack for nearly $20 million on June 10th, on-chain data analysis firm Cyvers alerted UwU Lend about a new…
#crypto#defi#hackers
