Browsing Category
Ethereum
How liquid staking can potentially harm the Ethereum ecosystem: HashKey report
As it continues to grow, liquid staking brings considerable risks to the space and needs better decentralization, according to a report published by digital asset…
Aave Chan founder proposes buying $2M CRV from Curve founder
Amid growing uncertainty around Curve exposure for many decentralized finance protocols, Aave Chan founder Marc Zeller has proposed that Aave Treasury buy $2…
NFT gas usage shows downward trend, signals shift in landscape
Ethereum gas consumption of nonfungible tokens (NFTs) has gone through significant drops since its highs in 2021. Marketplaces and NFT projects that occupied top…
Curve emergency DAO terminates rewards for hack-related pools
The Curve Finance (CRV) lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6…
Protocol to identify ‘systemically important’ blockchain banks could help prevent a market…
Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in…
ICP-based blockchain chat app launches ‘Communities’ to compete with Discord
Blockchain chat app OpenChat has enabled users to create Discord-like servers called “Communities,” according to an Aug. 2 announcement.Early UX prototype for…
Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay…
On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools built using the Vyper programming…
SushiSwap furthers cross-chain functionality with Core integration
Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus…
Zero Transfer scammer steals $20M USDT, gets blacklisted by Tether
A scammer using zero transfer phishing attack managed to steal $20 million worth of USDT stablecoin on Aug. 1, before getting blacklisted by the stablecoin issuer…
Crypto market loses $486M in July, most since 2022: Report
The cryptocurrency market is having its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses for July totaled $486…