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Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols. Go to Source Powered by WPeMatico
While revealing the protocol’s inability to comply with regulators, Christensen suggested that “we must choose the path of decentralization.” Go to Source Powered by WPeMatico
Refuting TIP-121, members of the community questioned the lack of timelines and hard numbers within the proposal. Go to Source Powered by WPeMatico
Github, Circle, dYdX, Alchemy, and Infura… All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions. Go to Source Powered by WPeMatico
In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC. Go to Source Powered by WPeMatico
Environmental concerns plague both the crypto industry and the world at large. However, if used right, blockchain-based assets could offer some relief. Go to Source Powered by WPeMatico
The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently detailed that July saw the largest monthly rise in revenue scoring 5,400 ether worth roughly $2.48 million during the course of the month. ENS Registrations … Read more
PRESS RELEASE. Pocket Network, a decentralized Web3 infrastructure provider that services blockchain data requests for applications and developers, is implementing key protocol changes after its community DAO voters rallied to boost network efficiency and bring costs down. As of late June, the Pocket DAO has passed two proposals with significant impacts on the incentive structure … Read more
OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries. Go to Source Powered by WPeMatico
Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow. Go to Source Powered by WPeMatico