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Blockchain
Flying Tulip Adds Withdrawal Circuit Breaker After DeFi Exploits
Flying Tulip, a decentralized finance (DeFi) platform founded by DeFi developer Andre Cronje, has added a circuit breaker that can delay or queue withdrawals…
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DeFi Platform Volo Hit by $3.5M Vault Attack, Begins Recovery Efforts
Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the…
Canton, ZKsync Clash Over How Blockchains Enforce Rules
Banks are moving onchain through competing models that take different approaches to how financial rules are enforced.On the one hand are blockchain-native…
Bank of Korea Governor Supports CBDCs, Deposit Tokens in First Speech
The newly appointed Governor of the Bank of Korea, Shin Hyun-song, has voiced support for central bank digital currencies (CBDCs) and tokenized deposits in his…
Arbitrum Freezes 30K ETH Tied to Kelp Hack
Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million held in a wallet connected to the recent exploit of the Kelp…
Coinbase Expands Crypto-Backed USDC Loans to UK Users
Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and…
Circle Launches USDC Bridge For Native Cross-Chain Transfers
Stablecoin issuer Circle has launched USDC Bridge, a new user interface built on top of the Cross-Chain Transfer Protocol (CCTP) that seeks to simplify native…
Neo Co-Founder Proposes $461M Overhaul to End ‘Trust Me’ Governance
Neo co-founder Da Hongfei has proposed a sweeping overhaul of the Neo Foundation after years of deadlock with co-founder Erik Zhang left one of crypto’s oldest…