After the value of the cryptocurrency market nearly tripled in 2021, you may be eager to take your first steps in what has been dubbed “the future of money”. Ethereum (ETH) and Bitcoin (BTC) have fall...
Tag: protocol
Binance Labs-Backed Solv Protocol on Its Fundraising Efforts: Details
Vladislav Sopov Binance’s VC arm confirmed investment in one of the most eccentric NFT-centric products Contents Solv Protocol raises funds from Binance Labs Convertible Voucher will change the ...
DeFi protocol Qubit Finance exploited for $80 million in a recent hack
Losing $80 million worth of BNB tokens in a recent hack, Qubit Finance joined the unfortunate list of exploited DeFi protocols on Binance Smart Chain (BSC). The DeFi lending protocol reported the inci...
Decentralized Fundraising & Initial NFT Offering Platform Launches on Near Protocol
The surge in the popularity of NFTs in arts, entertainment, and sports is birthing several opportunities for platforms to create innovative solutions that will drive the growth of the ecosystem. INO o...
Binance Labs Makes Strategic Investment in Solv Protocol: Next Big Leap for NFTs?
Binance Labs and Solv Protocol will collaborate on launching NFTs on the Binance NFT marketplace and on helping Binance Labs portfolio companies to grow Financial NFTs. This is a strategic move on bot...
DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga
According to Bloomberg, a decentralized finance project called Wonderland involving a felon associated with Canadian cryptocurrency exchange Quadriga has sparked widespread controversy, turning DeFi i...
Multichain DApp protocol Astar raises $22M in latest round led by Polychain
Astar, a multichain DApp protocol, formerly known as Plasm, has raised $22 million in its latest strategic fundraise. The funding round was led by Polychain and saw participation from the likes of Ala...
Binance Smart Chain Protocol Qubit Finance Hacked For $80M
Key Takeaways A hacker has stolen 206,809 BNB worth $80 million from Qubit Finance. The hacker exploited a vulnerability on the protocol’s Ethereum bridge. The Qubit team has offered a bounty of...
Binance Labs Announces Strategic Investment in Solv Protocol to Foster the Adoption of Financial NFTs
Crypto exchange Binance’s venture capital and innovation incubation arm Binance Labs yesterday announced a strategic investment in Solv Protocol. Binance Labs Invests in Solv Protocol In an announceme...
DeFi Protocol Qubit Finance Hacked, Lost $80 Million
Qubit Finance, a Binance Smart Chain-based decentralized finance (DeFi) protocol, was recently attacked, resulting in the theft of more than $80 million worth of cryptocurrencies Cryptocurrencies ...
DeFi Protocol Qubit Finance Exploited For $80M
Binance Smart Chain-based Qubit Finance was exploited for over $80 million by attackers on Friday morning, developers confirmed in a post. “The hacker minted unlimited xETH to borrow on BSC. The team ...
Cardano-Based Decentralized Lending Protocol ADALend Announces Upcoming Major Developments
Advertisement     The mission at ADALend is to utilize the Cardano blockchain to democratize the lending industry by eliminating middlemen – a mission that is accompli...
How Did a Former Quadriga Exec End Up Running a DeFi Protocol? Wonderland Founder Explains
Following one of the most tumultuous 48 hours in recent crypto history, DeFi’s most freewheeling act is showing signs that it may be coming to an end. On Thursday morning, popular on-chain analyst zac...
Mina Protocol: A Technical Overview
January 27, 2022, 1:23PM EST • 12 min read Quick Take Mina protocol uses recursive zero-knowledge proofs to maintain a small blockchain size The current size of the entire Mina blockchain is 22kb, alt...
Duet Protocol and iZumi Finance Partner for Improved DeFi Experience
In what could be termed as an important development for decentralized finance (DeFi), a partnership has been struck between Duet Protocol and iZumi finance. Both of these projects have been conceptual...
Data-Driven Farming Startup Dimitra Partners With Ocean Protocol On Agricultural Data Sharing
Image source: OceanProtocol.com Agritech startup Dimitra is giving small farmers a way to monetize the data they generated on things such as soil conditions and crop yields to generate more income and...
Yield Farming For Good, As GoodDollar, The Impact Protocol Upgrades to The Next Level
Everything is good about this protocol and so successful in fact was it, that what was initially intended to be a limited Proof-of-Concept project, has evolved into becoming a leading tool for the dis...
Fantom flips BSC to become third largest DeFi protocol in terms of TVL
Fantom (FTM) has been in full swing in terms of price action and Total Value Locked (TVL) for the past couple of weeks. The project has managed to gain a whopping 25% surge in 24 hours. With a 35% sur...
Celer and Standard Protocol Partner for Enhanced Interoperability
Taking its partnership with the Celer Network one step ahead, Standard protocol has announced that this coming together with the former will be extended for the launch of the MeterUSD ($USM) stablecoi...
Tornado Cash Co-Founder Says the Mixer Protocol Is Unstoppable
The co-founder of Ethereum’s best-known coin mixing service says that privacy protocols are defending people’s rights to financial privacy. Tornado Cash, a mixer that allows users to obfuscate their d...
Ocean Protocol Partners With Dimitra
100 Million Small Farmers Globally to Benefit from Data Sharing and Monetization SINGAPORE, Ocean Protocol, the decentralized data exchange protocol to unlock data for AI and business innovation, has...
Shade Protocol and SupraOracles Enter a Partnership
In a partnership of strategic interest, Shade Protocol has decided to come together with SupraOracles. This particular association will lead to the development of the Oracle solution that will help th...
Alf Protocol Angel Investors : Zen Capital , Dust Ventures , Dib Ventures , Scorpio VC
Alf protocol has lately signed several strategic partnerships with the VCs. Such partnerships will help drive the future development of the protocol. The Alf ecosystem will continue to improve with th...
Whitehat hacker hits multichain protocol, returns 259 ETH
TL;DR Breakdown White hat hackers hit Multichain protocol. Hack followed report that users could be exploited, Hackers swamped the platform. White Hat hacker broke in to ensure funds were kept safe. A...
NEAR Protocol crashes past the $13.18 level, could $10 see some buyers
Bitcoin dropped below the $40k mark and was below the $37.6k area as well, and was trading near $35k at the time of writing. The price was strongly pushed downward in recent hours and was highly volat...
NEAR Protocol And Fantom Network Over 800% Gains 2021 – HUH Token Could Exceed 1000% In 2022
NEAR Protocol and Fantom have demonstrated the possibilities when it comes to cryptocurrencies. The increasing number of cryptos that are providing significant returns was at its highest in 2021 and m...
Crypto.com Introduces WAPP Program, Following its Protocol Breach
With more than 400 confirmed customers affected in its platform hack this Monday, Crypto.com has announced a new set of initiatives to combat future occurrences and also to protect its users. Sharing ...
Crypto staking protocol pSTAKE raises $10M in public token sale on CoinList » CryptoNinjas
pSTAKE, a protocol for unlocking liquidity for staked assets, has closed its public token sale hosted on CoinList, successfully raising $10 million. selling out a tranche of its native $PSTAKE token. ...
Solv Protocol Introduces Convertible Vouchers, Changes the Game for DAOs
Vladislav Sopov Solv Protocol announces new instruments for noncustodial fundraising suitable for both DeFis and DAOs Contents Solv Protocol introduces Convertible Vouchers for more predictable fundra...