DeFi
Following the LeetSwap incident, RocketSwap on Base has now fallen victim to a hack, with the extent of the damage still unknown. Incident Details: * Attack Confirmation: This morning (15/8), it was confirmed that the token swapping platform RocketSwap was hacked on Base. The hacker used a Brute Force method,
NFT & GameFi
The world-renowned beverage brand Coca-Cola has chosen Base as its next blockchain platform for a limited-edition NFT series. Coca-Cola Releases NFTs on Layer-2 Base Continuing the “Onchain Summer” events celebrating the launch of Base’s mainnet, this layer-2 blockchain has partnered with Coca-Cola to unveil a limited-edition NFT collection. Named
NFT & GameFi
DeGods has announced it will streamline its NFT collection to its most basic and essential form, removing unnecessary details and embellishments. DeGods Simplifies NFT Collection in Season III According to a release posted on August 14, the renowned NFT collection DeGods has unveiled Season III of its project, featuring an
Big Cap
The amount of ETH burned through the EIP-1559 mechanism has dropped to its lowest point in 2023, indicating a significant slowdown in Ethereum network activities. According to data from The Block, on August 12th, the amount of ETH burned was 570.54 ETH, the lowest since 2023 began. The closest
DeFi
The zStables pool (ZUSD, ZETH) of Zunami Protocol has been attacked on Curve, with estimated losses of around $2.1 million. Attack Details: * Confirmation: Zunami Protocol confirmed that its zStables pool on Curve Finance was compromised. Security firm PeckShield first reported the attack, estimating that over $2.1 million was
DeFi
A Uniswap developer has been terminated after being caught inappropriately "rug pulling" 14 ETH on the layer-2 Base network. Incident Overview: * Event: On 12/08, the crypto community on Twitter reported that a developer working for Uniswap, a leading DEX on Ethereum, had conducted a rug pull involving
The Curve Finance team continues its efforts to investigate and recover the remaining stolen funds. Recovery Update: * Recent Announcement: Curve Finance has successfully recovered 70% of the funds stolen during the hack on 31/07, which resulted in a loss of up to $52 million and had severe repercussions. * Official
Big Cap
Ripple (XRP) skyrocketed to $50 in an instant shortly after being relisted on the Gemini exchange. XRP Hits $50 Milestone on Gemini Due to Price Glitch On Twitter, users shared screenshots of XRP experiencing abnormal price movements just hours after Gemini relisted it. Reports described XRP initially fluctuating around $1
DeFi
Liquid staking derivatives (LSDfi) are becoming increasingly important in the overall DeFi landscape, and Binance has decided to join this trend by investing in Helio Protocol. Key Investment: * Investment Amount: Binance Labs has invested $10 million into Helio Protocol, positioning it as a leading platform in the liquid staking sector.
DeFi
Following Binance Labs' $5 million investment, Aave has joined the "rescue squad" by deciding to purchase $2 million worth of CRV tokens over-the-counter (OTC). Key Details: * Proposal Approval: Aave has executed proposal AIP-289, exchanging 2 million USDT for 2 million USD worth of aCRV from Curve founder
DeFi
DeBank, a popular on-chain data analytics platform, has announced the launch of its own layer-2 solution on Ethereum, named DeBank Chain, utilizing the OP Stack technology from Optimism. Key Features: * Layer-2 Solution: DeBank Chain is designed to serve as an asset layer for the emerging Web3 social network trend. * Testnet
NFT & GameFi
The PFP project by DeLabs, y00ts, is making another move, this time from Polygon to Ethereum, aligning with the DeGods collection and company. y00ts Moves to Ethereum and Repays Polygon Funding 2. We're returning 100% of the grant provided by Polygon. The funds will be re-deployed for NFT
