DeFi
Incident Overview Base, the layer-2 solution from Coinbase, halted transaction processing for over 45 minutes on the evening of September 5, 2023. Details of the Incident In the early hours of September 6, 2023 (Vietnam time), crypto users noticed that no new blocks were confirmed on Base for nearly an
NFT & GameFi
Japanese consumer electronics giant Casio has teamed up with Polygon Labs to release its iconic G-SHOCK watch as an NFT on the Polygon blockchain. Casio's G-SHOCK NFT Collection Leveraging Polygon's low gas fees and high transaction speeds, Casio will mint NFTs on this platform, starting with
NFT & GameFi
Krafton, the company behind the renowned battle royale game PUBG, has announced the launch of its new blockchain, Settlus, built on the Cosmos network. The platform is set to debut in 2023 and will support the metaverse game "Migaloo." Krafton's Blockchain Launch On September 4, 2023,
Big Cap
The team behind the DeFi protocol Lido on Solana is considering halting operations if a funding agreement cannot be reached. Lido Finance to Cease Support for Solana Without Funding Agreement According to a proposal on September 4th, the Lido team on Solana P2P has requested $1.5 million in funding
Big Cap
Ethereum co-founder Vitalik Buterin emphasizes the importance of decentralizing nodes to achieve the highest level of decentralization for the Ethereum network. However, he acknowledges that this cannot be solved overnight... Vitalik Buterin: Ethereum's Biggest Risk May Take 20 Years to Fully Resolve Korea Blockchain Week is currently underway
DeFi
The crypto community is buzzing about unusual transactions involving the SYN token from the cross-chain bridge Synapse. Nima Capital Accused of Dumping SYN On the morning of September 5th, several members of the crypto community on X (formerly Twitter) noticed two transactions that sold 9 million Synapse (SYN) through the
DeFi
Frax Finance has recently put forward a proposal to introduce sFRAX, aiming to actualize its vision for Real World Assets (RWAs). This comes after their initial approach towards RWAs was revealed last month. Background In August 2023, Frax Finance announced a proposal to establish off-chain custodial units to support specific
Big Cap
Bitfinex exchange and its closely affiliated company, the issuer of stablecoin Tether (USDT), have both disclosed investments in Bitcoin. Bitfinex Exchange Invests Profits into Bitcoin. Image: Bloomberg According to sources from The Block, Bitfinex exchange is investing in Bitcoin, although the exact amount has not been disclosed. The sources further
Big Cap
In just a few days, Lido Finance is set to reach the milestone of 33% of the total ETH staked on the network. This detail has been consistently highlighted by the Ethereum community, accompanied by concerns over network risks. Community Concerns Rise as Lido Finance Approaches 33% of Total ETH
DeFi
The risks associated with deploying smart contracts have always been a pressing issue for DeFi and layer-2 solutions. This is a problem that the founder of zkSync is keen to address. Founder of zkSync Proposes On-Chain Court On the evening of September 2nd, Alex Glochowski, founder of zkSync, introduced a
Big Cap
SWIFT, along with more than 12 major financial institutions, has successfully tested the interaction with Chainlink's cross-chain interoperability protocol (CCIP), ushering in a new era of integration between banks and blockchain. SWIFT Successfully Tests Interaction with Chainlink's CCIP Following the mainnet deployment of the CCIP cross-chain
Big Cap
Following the revelation of Robinhood as a top BTC and ETH whale globally, on-chain data platform Arkham has now aggregated the wallets holding $4.8 billion worth of Ethereum from Grayscale. Grayscale Ethereum (GETH) Asset Statistics as of 02/09/2023. Source: Grayscale Website In a Twitter post on the
