Inverse Finance, a lending-focused decentralized finance protocol, was the target of an apparent exploit on Saturday, with approximately $15 million worth of crypto lost during the incident. The situa...
Tag: protocol
Millions Drained From Ethereum DeFi Protocol Inverse Finance
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Cronos (CRO) +10.66%, Binance (BNB) + 9.19% and Seesaw Protocol (SSW) +14.77%
The cryptocurrency industry might certainly be a rewarding one if one knows where to look and what to invest in. People all around are earning and making profits, witnessing the value of their wallets...
Ola Finance Suffers Re-Entrancy Hack, $3.6m Exploited From DeFi Protocol
Decentralized finance protocol Ola Finance has suffered a re-entrancy attack which saw some $3.6 million worth of crypto drained from its protocol. Blockchain security firm PeckShield issued a disclos...
Entain launches Syntropy’s autonomous routing protocol
Entain, the leading global sports betting and gaming company, and Web3 connectivity firm Syntropy announced the launch of a routing protocol that immediately detects performance problems, Invezz learn...
SparkWorld* Partners with IQ Protocol to Provide NFT Rentals
SparkWorld* recently announced its partnership with IQ Protocol for a groundbreaking project developing a mechanism for renting wrapped versions of NFTs as well as other digital products that are abou...
Terra-Based Anchor Protocol Hits $12b in Total UST Deposits
The growth and successes of the Decentralized Finance (DeFi) protocol are marked by a number of markers, one of which is the total assets deposited on the protocol. For Anchor Protocol, a lending and ...
Terra’s Anchor Protocol Smashes Through Another Milestone
Vladislav Sopov Terraform Labs’ Do Kwon is fascinated by new accomplishment of a flagship protocol of his ecosystem Contents $12,000,000,000 in UST deposited to Anchor Terra’s purchasing s...
LayerZero Raises $135M From Andreessen, FTX, Sequoia to Build Out ‘Omnichain’ Protocol
In brief LayerZero Labs is building an “omnichain interoperability protocol that unites” decentralized applications from across blockchains. It’s pulled in major funding from some of...
Near Protocol (NEAR) Retraces Half Its Jan Drop
NEAR Protocol (NEAR) broke out from its nearly one-month-long consolidation pattern on March 23 and has been increasing since. NEAR has been falling since reaching an all-time high price of $20.59 on ...
RedGrid Launches the Internet of Energy Network (IOEN) Protocol on the Back of a Pioneering Collaboration With Monash University
March 31, 2022 – Melbourne, Australia In 2020, as part of the groundbreaking ARENA-funded Smart Energy City project, RedGrid, the Monash eResearch Centre (MeRC) and Monash University’s ‘Net Zero’ init...
Ankr shifts to protocol to improve decentralization
Leading platform and Web3 infrastructure provider Ankr is restructuring as a protocol to further encourage local node deployments and improve load balancing within the networks it supports, Invezz lea...
Interoperability Protocol LayerZero Labs Secures $135m Investment
Decentralized full-chain interoperability protocol LayerZero Labs has secured a $135 million investment co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz (a16z). LayerZero Labs, an omnic...
Aquasis Protocol (AQS) To See 10,000% Gains Like Solana (SOL) & Gala Games (GALA)
Solana (SOL) and Gala Games (GALA) were two of the most successful coins in 2021 and made their long term holders or HODLers a lot of money. Solana (SOL) rose to success as the number one “Ethereum Ki...
LayerZero Labs Closes $135m Series B, Set To Build Omnichain Protocol
LayerZero Labs, an omnichain interoperability protocol that fuses decentralized applications across blockchains, has announced that it just closed a $135 million Series B investment round led by Andre...
Why despite SHIB’s active burning protocol, its price action has remained stagnant
Nobody can underestimate the growth that Shiba Inu showcased in the past year. In 2021, the cryptocurrency recorded a stunning 26,000,000% spike after stealing investors’ hearts. Although Shiba Inu’s ...
Cross-chain liquidity aggregation app Router Protocol integrates Ethereum and Fantom » CryptoNinjas
Router Protocol, an infrastructure layer enabling communication between blockchains, today announced it has added Ethereum and Fantom to its platform. The community can now transfer funds, swap assets...
Utility NFTs and rentals: An interview with Double Protocol co-founder Shrug
After the “NFT summer”, NFT assets with a variety of functions and utility began to emerge, such as the financial NFTs and game asset NFTs. These NFT assets with intrinsic value are of greater chance ...
Make Millions With Cosmos (ATOM), NEAR Protocol (NEAR) & Aquasis Protocol ($AQS)
Place/Date: – March 30th, 2022 at 11:14 am UTC · 3 min read Source: Within the last decade, the Crypto community has continued to expand due to Decentralised Finance’s (DeFi) transparent and per...
Money market protocol Zklend raises $5m in seed round –
ZkLend, a layer 2 currency market convention has brought $5 million up in a seed financing It is based on zero-information rollup item StarkNet as part of its core group The round was driven by crypto...
Cheqd Partners With The CeDeFi Alliance To Build A Self-Sovereign Identity Protocol For DeFi
Cheqd, a blockchain startup whose software could drive the widespread adoption of digital identities, has announced it’s joining the CeDeFi Alliance with the goal of helping it to build a decentralize...
Analysing how Lido became the top ranked DeFi protocol, with TVL over $18B
Despite a plunge in the total value locked in decentralized finance in 2022, Lido Finance continues to see a spike in TVL since 1 March, 2022. It achieved one milestone after the other as the year pro...
Wonky Mars Protocol launch shows ecosystem expansion may not add to network value
New protocols are launching every day on different networks in the crypto space and the trend is likely to continue through this year. When looking at the top five networks by total value locked (TVL)...
CoW Protocol raises $23 million and spins out from Gnosis DAO
CoW protocol, which underlines the decentralized exchange CowSwap, has raised $23 million via a token round, according to a release. The funds were raised as the project spins out from Gnosis DAO to b...
How to Build Capital with DeFi Culture – Fantom (FTM), Uniswap (UNI), and Aquasis Protocol ($AQS)
How to Build Capital with Defi Culture – Fantom (FTM), Uniswap (UNI), and Aquasis Protocol ($AQS) DeFi (Decentralised Finance) is our present and our future. Understanding Defi… Where we have crypto a...
blockchain money market protocol built on StarkNet raises $5M » CryptoNinjas
zkLend, a money market protocol being built on StarkNet, has announced it has raised $5 million in seed-round funding led by Delphi Digital, anchored by StarkWare and Three Arrows Capital. Produced on...
zkLend Raises $5M to Launch Money Market Protocol on StarkNet
Key Takeaways zkLend has raised $5 million in a seed funding round led by Delphi Digital to develop a money market protocol on StarkNet. StarkNet is a ZK-Rollup-based Layer 2 scaling solution on Ether...
Delphi Digital Leads $5M Seed Round for Money Market Protocol ZkLend
ZkLend has two key products. Artemis, a permissionless lending offering open to anyone with an internet connection, will launch in the third quarter of 2022. With Artemis, users can deposit assets to ...
A Protocol Design for a Sustainable Store of Wealth
What is Nirvana? Nirvana is a decentralized reserve currency on the Solana network. The platform’s native token is ANA. The token is defined by a degree of stability that makes it ideal as a store of ...
NEAR Protocol price analysis: NEAR breaks above $12.8 crucial resistance as bulls define the price curve
TL;DR Breakdown NEAR Protocol price analysis is bullish today. Resistance for NEAR is present at $13.5. Support for NEAR/USD is present at $12.5. The Near Protocol price analysis reveals the bulls are...
Here’s how Cardano’s Mamba protocol intends to revolutionize the business of sidechains
In a live stream earlier this month, Input Output (IO) CEO Charles Hoskinson revealed plans for Cardano going into the rest of this year. He covered many points, including formal methods, governance s...
BNB Chain’s top lending protocol integrates with Coinbase Wallet
BNB Chain-based (former Binance Smart Chain) lending/borrowing platform Venus Protocol (XVS) has been integrated with Coinbase Wallet, a self-custody digital assets wallet provided by the eponymous U....