Hackers stole at least $600M in Poly exploit across three chains
Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses. Go to Source Powered by WPeMatico
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Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K Tokenized Bitcoin In Circulation Split Between 7 Ethereum Projects, Binance Smart Chain’s … Read more
Play-to-earn games are the catalyst for this bullish period in the markets
The gaming industry is going through a massive growth phase, and the play-to-earn model opens new opportunities for blockchain gaming. Go to Source Powered by WPeMatico
Genesis Report Highlights ‘Emerging Role’ of Ethereum and Defi in Q2 2021
Genesis Digital, a leading cryptocurrency trading, lending, and custody desk, released its Q2 reports, where it confirms what it calls the “emerging role” that Ethereum and defi have in the industry. The report also confirms that institutional interest in crypto is still rising despite the crash in prices the market experienced in Q2 2021. Genesis … Read more
SEC claims first enforcement action in $30M fraud case involving DeFi project
“The labeling of the offering as decentralized and the securities as governance tokens did not hinder us from ensuring that DeFi Money Market was immediately shut down and that investors were paid back,” said the SEC. Go to Source Powered by WPeMatico
Swisscom will become a Chainlink node operator
“Making reliable off-chain data available on decentralized networks is a critical success factor for the future development of digital assets,” said Dominic Vincenz. Go to Source Powered by WPeMatico
Aave price hits two-month high on Wall Street’s DeFi adoption hopes
Bids for the lending platform token surged dramatically after Bitwise Investments announced an AAVE-focused fund for institutional investors. Go to Source Powered by WPeMatico
Terra (LUNA) price rallies 162% while Bitcoin and altcoin prices drop
Steady fundamentals and rising demand for UST and LUNA are just a few of the reasons why the altcoin has gained 162% in the past two weeks. Go to Source Powered by WPeMatico
Smart contract automator Gelato brings liquidity management to Zerion
The partnership enables Zerion’s retail users to provide liquidity without the fear of volatility. Go to Source Powered by WPeMatico
DeFi attracts 2.91M Ethereum addresses, according to ConsenSys
The DeFi economy continues to be built on Ethereum. A new report from ConsenSys highlights the extent to which the Ethereum network drives decentralized finance. Go to Source Powered by WPeMatico