Protocols Must Deploy “Asymmetric Countermeasures” to Counter Code Vulnerability Exploiting Hackers — Spherex CEO
While each attackers and sensible contract auditors are motivated to search out vulnerabilities in code, in keeping with Eyal Meron, the co-founder and CEO of...
Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days
In simply 5 days, liquid staking platforms noticed a surge of 370,000 ether of their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94...
Decentralized Exchange Mixin Kernel Confirms Hack on Its Platform Involving Approximately $200M
Mixin Kernel confirmed on Sept. 25 that it was the sufferer of a hacking assault which had resulted within the lack of property on the...
Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month
Since the beginning of 2023, the scale of the stablecoin economic system has decreased amid quite a few redemptions. However, new stablecoin asset initiatives, similar...
Coinbase’s L2 Blockchain Base Skyrockets 111% in 41 Days, Overtaking Solana in TVL
According to statistics, Coinbase’s Layer two (L2) blockchain, constructed on Ethereum and utilizing Optimism’s open-source OP Stack, has grown considerably previously 41 days. Since August,...
Blockchain Data Visualization Startup Bubblemaps Secures $3.2M in Seed Funding
Paris-based Bubblemaps, a agency specializing in blockchain knowledge visualization, introduced on Monday that it had secured $3.2 million in seed funding from a bunch of...
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
After capturing $66.5 billion in May, decentralized trade (dex) commerce volumes have fallen for 4 consecutive months, with August statistics reaching a 2023 low of...
Ethereum’s Liquid Staking Platforms See $1B Influx in 20 Days, Nearing 12M ETH Milestone
Over 20 days, 640,000 ETH valued at simply over $1 billion was added to liquid staking derivatives platforms. Additionally, the quantity of ether staked in...
Russia Considers Legalizing Defi DAOs to Draw Liquidity to Its Digital Assets Market
The Finance Ministry in Moscow is pushing to legalize decentralized monetary organizations to draw capital to Russia’s regulated marketplace for digital property. The division hopes...
Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court
The CEO of the cryptocurrency alternate Coinbase has inspired decentralized finance (defi) protocols to combat regulators in court docket in the event that they face...