DeFi
The lending protocol Pac Finance, operating on the Blast network, is facing community backlash after abruptly changing borrow pool parameters without prior notice, resulting in liquidations totaling $26 million. Early on April 12, 2024 (Vietnam time), EigenLabs developer kydo.eth revealed a concerning discovery about Pac Finance on the Blast
DeFi
1. Overview of the Protocol Perpetual Protocol is a decentralized derivatives protocol built on Ethereum, considered one of the pioneers of DeFi. The project allows third parties to issue perpetual futures contracts, enabling users to trade them in a decentralized manner. Essentially, Perpetual Protocol is the decentralized version of Binance
DeFi
EigenLayer has unveiled six pioneering AVS projects developed on its restaking protocol following its mainnet deployment on Ethereum. EigenLayer Unveils Six AVS Projects with Mainnet Launch Today, EigenLayer announced the first six AVS projects leveraging its restaking protocol. Announcing: AVS mainnet launch Six new AVSs are coming live today alongside
Big Cap
BlackRock's Bitcoin spot ETF is on track to surpass Grayscale, becoming the largest cryptocurrency investment vehicle. ETF Bitcoin of BlackRock is poised to overtake Grayscale. Photo: BitcoinWorld It has been three months since the U.S. approved the listing of Bitcoin spot ETFs by a slew of Wall
Big Cap
Bitcoin mining difficulty has surged nearly 4%, reaching an all-time high of 86.4 trillion hashes following the latest adjustment just ahead of the upcoming halving event next week. Bitcoin mining difficulty continues to set new records as halving approaches According to blockchain monitoring tool Mempool, after the latest adjustment
DeFi
SushiSwap Sparks Controversy for Self-Granting Votes to Pass Proposal The proposal to transfer all assets from the DAO to Sushi Labs unexpectedly passed with 62.5% votes in favor, raising suspicions of vote manipulation by the project team. As Coin68 reported last week, the proposal to "dissolve" the
NFT & GameFi
MetalCore, a first-person shooter game set in a mechanical universe, made its debut on the Immutable zkEVM blockchain. MetalCore is the inaugural game launched on the Immutable zkEVM layer-2 platform. Currently in its second closed beta phase, limited to players from April 9 to April 22, the game is slated
NFT & GameFi
The TNSR token debuted at a starting price of $1.19 USD and was distributed to users who had interacted with the Tensor NFT platform in recent months. The project disclosed that 12.5% of the total supply, equivalent to 125 million tokens, would be allocated for the airdrop. $TNSR
Big Cap
In a move set to redefine its role in the blockchain education sector, Open Campus (EDU) has announced plans to develop a layer-3 platform to expand the functionalities within its ecosystem. Open Campus (EDU) Ventures into Layer-3 According to a release published on the evening of April 10th, the Web3
Big Cap
First Digital Labs is confident that FDUSD will be the fastest-growing stablecoin on Sui, according to the company's statement. Stablecoin FDUSD Launches on Sui Network Today, Hong Kong-based First Digital Labs announced the introduction of FDUSD on the Sui network, making it the first stablecoin pegged 1:1
Big Cap
The latest Consumer Price Index (CPI) announcement from the Federal Reserve has shattered Wall Street's expectations of multiple interest rate cuts in 2024. U.S. CPI Surpasses Expectations, Dyes the Market Red Once again, inflation figures disappoint, with the March 2024 Consumer Price Index (CPI) rising higher than
DeFi
Restaking protocol EigenLayer and its data availability solution EigenDA have officially launched on the Ethereum mainnet. According to an announcement on April 10, EigenLayer has deployed its restaking protocol on Ethereum and is offering its data availability solution EigenDA to projects operating on the world's second-largest blockchain. Participants
