To the tune of $3.6 million in cryptocurrency, an assault on the reentrancy vulnerability of the decentralized finance (DeFi) protocol dForce has resulted in the theft of funds. Curve Finance is an automated market maker (AMM) platform. That uses the Arbitrum and Optimism blockchains, and its vault was the target
In recent months, Reddit’s Collectible Avatars initiative has provided millions of users with free NFTs, making it a model of efficiency as a Web3 on-ramp. Reddit is ready to achieve yet another landmark owing to a new partnership with the NFL on free Super Bowl NFTs. Since its release on
To implement the planned deployment of Uniswap v3 on the BNB Chain, the Uniswap Decentralized Autonomous Organization (DAO) has just completed the final vote that will be employed. Almost two-thirds of DAO delegates approved the Friday move, as reported by the platform that collected the votes. A follow-up vote held
According to its annual filing to the Securities and Exchange Commission, payments giant Paypal possessed more than $500M worth of the two major cryptocurrencies as of December 31, 2021. Included in the total were $291M in Bitcoin (BTC) and $250M in Ethereum (ETH). In addition to the $534 million in
Swapzone, a prominent decentralized cryptocurrency exchange aggregator, has added support for the Shiba Inu (SHIB), Bone ShibaSwap (BONE), and Doge Killer (LEASH). With SHIB being the most traded token among the top 100 ETH whales, it follows the trend of the increased attention paid to Shiba Inu lately by cryptocurrency
Vortex Protocol was acquired by the widely used Ethereum-based decentralized exchange (DEX), SushiSwap today for an undisclosed sum. The on-chain trading platform, which will be rebranded as part of SushiSwap. Moreover, it will be built on Sei Network, a blockchain that employs Cosmos’s technology. In the future, users of the
With the help of digital asset company Metaco, the 105-year-old German bank DekaBank plans to introduce a tokenization platform built on the blockchain. Digital asset custody executive at DekaBank Andreas Sack said the organization aims to deliver its blockchain platform in 2024. With the underlying infrastructure completed by 2023. Sack
After six weeks of bullish, the overall cryptocurrency market is slightly down. At the time of writing, the global crypto market has a market cap of $1.05 trillion, which decreased by over 4.5% in the last 24 hours and 49% from the previous year. Crypto Market Current Status The upward
Three of Rihanna’s hits, including “B*TCH Better Have My Money,” have been certified platinum, and this will add another building brick to the music NFT platform. BBHMM is being released as an NFT by the song’s co-producer, Deputy, who will share a portion of the streaming income with fans. Rihanna’s
New class includes 20 entrepreneurs in biotech, AI, energy, and more LOS ANGELES–(BUSINESS WIRE)–The Thiel Foundation today named 20 individuals as the next class of Thiel Fellows. The Fellowship program, which launched in 2011, encourages talented young people with big ideas to start companies instead of attending college. “In a
