Big Cap
A new decision aims to streamline value transfer between Celo and Ethereum, while enhancing network security. Celo Proposes Transition to Ethereum's Layer-2 Solution As reported by Coin68, CLabs, the blockchain development team behind Celo, has proposed transitioning Celo from an independent layer-1 blockchain to a scalable Ethereum layer-2
DeFi
After the incidents with Conic Finance and JPEG'd, several projects related to Curve Finance's liquidity pools are also under attack. Series of Attacks on Curve's Liquidity Pools The issue didn't just start this week; it dates back to last week (21/07)
DeFi
The attack on Curve Finance on the evening of July 30 continues to have severe repercussions for the project and the DeFi sector. Update on Curve Attack on the Morning of July 31 Cause of the Attack: Continuous Exploitation of Curve Finance Liquidity Pools In the early morning of July
DeFi
Curve Finance is grappling with nearly $52 million in damages from a reentrancy vulnerability, prompting Upbit to suspend deposits and withdrawals of the DeFi platform’s CRV token. CRV Token Experiences "Fake Pump" Due to Curve Finance Attack Upbit Suspends CRV Transactions According to Wu Blockchain, Upbit, the
DeFi
The aftermath of the Curve Finance attack continues, but another aspect of the event has led to record profits for MEV (Miner-Extractable Value) operators. Record-Breaking MEV Profits Amid Curve Finance Attack The most notable news today is the repeated attacks on liquidity pools on Curve Finance, which have impacted many
DeFi
Decentralized exchange (DEX) PancakeSwap has announced it will share trading fee revenue with users holding CAKE tokens. PancakeSwap to Share Trading Fee Revenue - CAKE Surges According to the official announcement, participants staking CAKE tokens will receive a portion of the trading fee revenue from PancakeSwap starting August 09. 🥞Introducing
NFT & GameFi
the security firm Peckshield reported that JPEG’d, an NFT lending project, suffered a significant hack resulting in losses of 6,106 WETH, valued at over $11 million. Initial analyses suggested the attack was executed via a read-only reentrancy vulnerability. This method involves repeatedly executing withdrawal commands before the oracle
DeFi
Despite being created less than 24 hours ago, liquidity pouring into the BALD memecoin on Coinbase's Layer-2 Base has surpassed $36 million. FOMO in BALD Memecoin on Coinbase’s Layer-2 Base Ends in Rug Pull Update on the evening of 31/07/2023: On the evening of 31/
DeFi
In a bid to help recover from a recent exploit, Curve Finance founder Michael Egorov has invested $1 million into Conic Finance. Curve Finance Founder Invests $1 Million in Conic to Aid Post-Exploit Recovery The team at Conic Finance announced the financial support from Michael Egorov on their Twitter account:
Big Cap
The weekly trading volume of AI tokens has hit its lowest since the beginning of the year, according to Kaiko Research. AI Token Sector Cools to Year's Lowest Levels Interest in AI tokens appears to be waning. According to Kaiko Research, trading activity in this sector is sharply
DeFi
Kannagi Finance, a liquidity aggregator on the zkSync Era platform, has reportedly executed a rug pull, absconding with $2.13 million in total value locked (TVL). Kannagi Finance on zkSync Rug Pulls Users, Steals $2.13 Million According to Wu Blockchain, Kannagi Finance has deleted its website and social media
NFT & GameFi
CyberKongz has recently unveiled its Genkai NFT collection on the Ronin Network and announced the development of a new game for this sidechain. There are also rumors suggesting that Sky Mavis is negotiating with Midway Games, the publisher of Mortal Kombat, to bring the fighting game to Ronin. Ronin Network’
