Web3 protocols – DIGIT INFO

Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE

DIGIT — Wed, 24 Jul 2024 04:30:53 +0000

Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer’s Bitcoin L2 Development Bitlayer […]

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Binance-backed Magic Square IDO platform to democratize retail investor access

DIGIT — Fri, 17 May 2024 13:13:56 +0000

IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars.

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Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

DIGIT — Wed, 02 Nov 2022 16:30:55 +0000

The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two significant […]

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