Topic
BNB ChainBeginnerBNB Chain, the blockchain network backed by Binance, unveiled a new rollup-as-a-service (RaaS) solution on March 14, 2024. This RaaS aims to simplify the process for projects to build custom layer-2 networks on the BNB Chain, specifically the BNB Smart Chain (BSC). The service offers decentralized…
#binance#defi#layer-2
MakerDAO, a pioneer in Decentralized Finance (DeFi) lending, is gearing up for the launch of its ambitious “Endgame” plan. This multi-phase initiative aims to significantly scale its flagship stablecoin, DAI, and challenge Tether’s dominance in the market. The first phase of Endgame will focus on…
#defi#tether
GeneralBeginnerUnizen, a decentralized finance (DeFi) protocol, declared that it would repay users who lost $750,000 or less “as soon as humanly possible” after the network was compromised, resulting in a loss of around $2.1 million in user cash. On March 9, blockchain analytics firm PeckShield reported a…
#defi#hackers#security
GeneralBeginnerShapeShift, a cryptocurrency exchange, made a settlement offer to the US Securities and Exchange Commission, acknowledging the agency’s order to cease and desist and agreeing to pay the penalty. In 2021, the exchange transformed into a decentralized autonomous organization (DAO), and the…
#crypto#defi#sec
EthereumBeginnerStarkWare, a leading scaling solution provider, announced the launch of Stwo, an open-source zero-knowledge (ZK) prover, at ETH Denver, a prominent event focused on Ethereum development. This innovative technology aims to address two critical challenges faced by blockchain networks: transaction…
#crypto#defi#web3
GeneralBeginnerCrypto exchange OKX has taken a significant step towards simplifying decentralized token swapping by integrating Uniswap Labs’ application programming interface (API) into its decentralized exchange (DEX). This integration introduces a new feature called “Snap,” which allows users to conduct…
#crypto#defi#dex
GeneralBeginnerStablecoin Protocol Seneca has given a 20% prize to the attacker who acquired access to at least $6.4 million in digital assets by exploiting an approval mechanism flaw in the protocol’s smart contract. On February 28, various blockchain security organizations reported an exploit on the stablecoin…
#defi#hackers#security
GeneralBeginnerDecentralized finance (DeFi) risk management firm Gauntlet has partnered with emerging lending protocol Morpho, just days after announcing its separation from long-time partner Aave. This move comes as a surprise to many in the DeFi space, as Gauntlet previously provided crucial risk management…
#aave#crypto#defi
SolanaBeginnerThe Solana-powered crypto wallet Phantom has seen its user base skyrockeexperiencing a staggering 220% increase in active monthly users (MAUs) over the past year. As of January 2024, Phantom boasts a whopping 3.2 million MAUs. Solidifying its position as a leading player in the crypto wallet…
#crypto#defi#wallets
GeneralBeginnerA fake app impersonating the decentralized finance protocol Curve has been published on Apple’s App Store. According to a warning issued by developers on February 14, there is currently no official DeFi Curve app. “Beware of scams,” the Curve staff wrote. “A fake containing our logo was…
#apple#crypto#defi
EthereumBeginnerEthereum network users are facing a surge in gas fees, driven by the recent craze surrounding ERC-404 tokens. These tokens, which combine features of NFTs and fungible tokens, have attracted significant interest, leading to a spike in network activity and skyrocketing gas prices. On February 9th,…
#crypto#defi#nfts
