DeFi
A critical vulnerability has been discovered in several pools on Balancer, prompting the project to advise users to withdraw their funds immediately. Incident Update: * Current Impact: As of 11:00 AM on 23/08, the incident is estimated to potentially cause $27 million in losses. Users are rapidly withdrawing their
DeFi
Following the listing of PENDLE, Binance has announced a strategic investment in Pendle Finance. Investment Announcement: * Date: The announcement was made on the evening of 23/08. * Investment Details: Binance Labs, the investment arm of Binance, has made a strategic investment in Pendle Finance, a protocol designed to optimize yield
NFT & GameFi
Blackpink, the globally acclaimed girl group, is set to debut a metaverse experience on Roblox. Blackpink Unveils Metaverse Experience on Roblox Developed by the British film company Karta, the metaverse space reflecting Blackpink's unique style will be launched on August 25. Named “Blackpink: The Palace,” the application promises
Big Cap
Coinbase continues to bolster support for Circle's USDC stablecoin, both financially and in terms of market coverage within the cryptocurrency sector. Coinbase Invests in Circle, Expanding USDC Stablecoin to 6 New Blockchains. Photo: Circle In an announcement made on the evening of August 21 (U.S. time), leading
Big Cap
The recent derivatives trading platform Aevo has listed a futures contract representing the "market capitalization" of accounts on friend.tech. Representation Contract for "Capitalization" of friend.tech Accounts Trading on Aevo Debuting yesterday (08/21), the FRIEND-PERP contract represents the "capitalization" index of accounts
NFT & GameFi
Recur, a prominent NFT startup, is the latest company to shut down amidst the ongoing crypto winter. Recur Announces Closure Despite Raising $50 Million Unable to withstand the challenges of the current crypto winter, Recur has announced that it will cease operations of its Web3 platform effective November 16 this
NFT & GameFi
An investor has sold a BAYC NFT at a substantial loss after holding it for nearly a year. Investor Sells BAYC NFT at a Loss of 624 ETH On August 20, the investor under the account 26sStoreFront (0x48…14f8) on OpenSea sold BAYC #8585, a "Trippy Leather and King&
Big Cap
On August 21, cryptocurrency exchange Kraken announced that users can now begin trading the PYUSD stablecoin. Kraken Announces Support for PayPal's PYUSD Stablecoin Following Huobi, Kraken is the next exchange to announce support for PayPal's PYUSD stablecoin, a move by the payment giant to enter the
![[Update] BNB Chain Initiates Liquidation of $200 Million Debt on Venus Protocol](/content/images/size/w600/2024/07/20230818015340-544c3730-e6bb-4c5f-9aa6-ad0bddb65972-173-fotor-20240724132730.jpg)
Big Cap
On the evening of August 21, 2023, despite the sharp decline in BNB price to its lowest in a year, $200 million worth of BNB collateral on the Venus protocol has not yet been liquidated. The $200 million BNB still remains unliquidated despite the price drop to $212. Image: Protos
Big Cap
On the morning of August 21, Ethereum co-founder Vitalik Buterin transferred a quantity of ETH valued at over $1 million to the cryptocurrency exchange Coinbase. Vitalik Buterin just transferred $1 million USD worth of ETH to Coinbase On the afternoon of August 21, 2023, the security firm PeckShield reported that
DeFi
After a period of experimentation and encountering some challenges, the MakerDAO community has officially adjusted the Enhanced DAI Savings Rate (EDSR) from 8% to 5%. Key Changes: * Interest Rate Adjustment: In a previous forum post, founder Rune Christensen discussed the limitations of the "Push DAI EDSR to 8%"
NFT & GameFi
The leading NFT marketplace, OpenSea, is removing BNB Smart Chain from its supported blockchains. OpenSea Halts BNB Smart Chain NFT Listings OpenSea will cease listing new NFTs on the BNB Smart Chain (BSC). The NFT marketplace representatives stated that the decision to remove BSC was due to "the need
