Total value locked (TVL) across DeFi protocols has hit $52 billion, an annual peak not seen since the days leading up to FTX’s demise in November 2022. This comeback is significant because the industry has had a rocky past since FTX and other companies went under. The controversies surrounding these
The Web3 security space saw a dramatic shift in 2023, exhibiting both advances in resilience and enduring difficulties. Cyberattacks against the Web3 sector resulted in over $1.7 billion in damages in 2023; 453 incidents were documented. The variety of dangers shown by these assaults highlights the critical necessity for the
In our ongoing commitment to recognize excellence in the blockchain gaming industry, PlayToEarn is thrilled to present the third edition of the PlayToEarn Blockchain Game Awards. This year’s awards aim to acknowledge the top games, creators, and guilds that have made significant contributions to the Web3 gaming industry. Key Highlights:
Over the last 30 days, zkSync—Ethereum’s Layer 2 scalability solution—processed 34.7 million transactions, surpassing the Ethereum mainnet in terms of volume. L2Beat statistics shows that over the same time period, 34.2 million transactions were registered on Ethereum’s mainnet. Arbitrum followed with 31.4 million transactions in the last 30 days. On
A significant platform vulnerability was discovered at Telcoin, a developer of mobile-focused financial applications. Peckshield, a blockchain security business, and the Telcoin Discord community forum both acknowledged that the attack caused users to have over $1.2 million stolen from their accounts. As a result of a glitch with the company’s
From $33.3 billion last year to $10.7 billion in 2023, venture capitalists (VC) put 68% less money into blockchain and cryptocurrency firms. With a decrease in the second half and an increase in November, the majority of these investments occurred in the first half of the year. One interesting trend
The cryptocurrency market is known for its rapid evolution and fierce competition among blockchain projects. In recent years, two giants have emerged as leading contenders: Polygon (MATIC) and Solana (SOL). These platforms have gained widespread attention and adoption due to their unique features and capabilities. However, a new player on
As we approach the end of 2023, savvy investors are peering into the uncertain future of the cryptocurrency market in search of the next big success stories. Amidst a crowded field of promising projects, three names stand out as potential game-changers: Fusionist (ACE), Retik Finance (RETIK), and Solana (SOL).Fusionist (ACE),
Justin Sun, founder of Tron, provided an update that might increase liquidity on the Solana blockchain, which could be relevant given the 61% price surge in Solana (SOL) since December 1, 2023. Because of the recent spike in SOL Price, Solana’s market value briefly surpassed Binance Coin’s (BNB). Sun revealed
The cryptocurrency world is abuzz with excitement as Retik Finance (RETIK) successfully concluded its Presale Stage 2, marking a significant milestone in the journey of this innovative blockchain project.Investors and enthusiasts alike are now turning their attention to the token’s impressive 25% price surge following the completion of this presale
