DeFi
Overview Following a series of high-profile cyberattacks, on-chain data reveals that in the past four months, over 50% of the stolen ETH has been converted to Bitcoin through THORSwap Router on the THORChain network. Detailed Analysis According to an analysis by @tayvano_ on X (formerly Twitter), hackers from Russia/CIS
DeFi
Ethereum co-founder Vitalik Buterin has shared a new blog post addressing the centralization issues in liquid staking protocols. He emphasizes the need for integrating these protocols directly into Ethereum's source code, a concept referred to as "enshrining." Key Highlights from Buterin's Blog: 1. Integration
Big Cap
October 2023 will witness the unlocking of tokens from 30 projects, totaling nearly USD 175 million, similar to the previous month. Notable Token Unlock Events in October 2023. Image: Investopedia According to Token Unlocks statistics, the crypto industry in October is set to see over USD 174 million worth of
Big Cap
The Multichain development team has announced a "rebirth" of the project under a new name. Multichain Makes a Comeback? In their latest post from the official Multichain X account, the development team revealed plans to relaunch cross-chain technology on their existing platform, now rebranded as "ValueRouter."
DeFi
Arbitrum DAO has recently approved a proposal to establish a short-term incentive program to support the most active projects in the Arbitrum ecosystem by allocating 50 million ARB tokens (worth approximately $41 million). Key Points * Proposal Details: More than 65% of ARB token holders voted to allocate 50 million ARB
DeFi
Introduction Decentralized derivatives exchange GMX has rewarded a $1 million bug bounty to Collider's research team for identifying a significant flaw in the platform. This bug was related to the debt-tracking mechanism, affecting the token pricing displayed to liquidity providers in GMX V1. The issue, discovered in 2022,
Big Cap
Ripple will not proceed with the acquisition of Fortress Trust. Photo: U. Today Despite initially considering the acquisition earlier this month, Ripple recently reversed its decision. The information was shared directly by Ripple CEO Garlinghouse on his personal X account (Twitter): "A few weeks ago, we expressed interest in
NFT & GameFi
English Premier League club Tottenham Hotspur will be launching a fan token named SPURS through a partnership with Chiliz. Tottenham Hotspur Football Club Launches Fan Token on Chiliz According to the announcement, SPURS will be priced at $2 during the fan sale starting on October 4. Token holders will gain
DeFi
Jade Protocol, an early-stage crypto investment DAO, is facing the possibility of dissolution and the distribution of its $31 million treasury to investors. Key Points * Proposal for Dissolution: On September 25, a member named VampireOfCrypto proposed the dissolution of the Jade Protocol DAO. The proposal cited a darkening regulatory environment
Big Cap
Similar to Bitcoin ETFs, the U.S. Securities and Exchange Commission (SEC) has opted to delay two Ethereum spot ETF proposals from major Wall Street players. SEC Delays Two Ethereum Spot ETF Proposals from ARK Invest and VanEck In its latest decision early on September 28 (Vietnam time), the U.
NFT & GameFi
The world’s largest retailer, Walmart, will be launching the Pudgy Penguins NFT toy collection across 2,000 stores in the United States. Pudgy Penguins NFT Toys Hit 2,000 Walmart Stores Following its debut on Amazon, the Pudgy Penguins-branded toy collection is making its way to retail giant Walmart.
DeFi
Latest Update as of 27/09/2023: According to Lookonchain, as of the afternoon of September 27, Curve Finance founder Michael Egorov has fully repaid his debt on Aave. In the past two days, Egorov deposited 68 million CRV (worth $35.5 million) into Silo Finance as collateral, subsequently borrowing
