defi

Discord crypto trading bot shuts down after ‘critical exploit’

discord-crypto-trading-bot-shuts-down-after-‘critical-exploit’

The bot was valued at $16.5 million during its token debut last month. None Trading, a trading tool for cryptocurrencies and nonfungible tokens built on Discord, has shut down due to a “critical exploit” within its infrastructure.According to the September 20 announcement, None Trading developers said that it has “lost a significant amount of funding”

Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs

cypher-protocol-reveals-$600k-of-stolen-funds-is-now-frozen-on-cexs

Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges. Solana-based decentralized futures exchange Cypher Protocol has managed to freeze $600,000 worth of crypto stolen from an Aug. 7 security exploit.In an X (Twitter) post on Aug. 18, Cypher Protocol reported that more than half of the funds

Cardano DEX MuesliSwap to refund users after slippage confusion

cardano-dex-muesliswap-to-refund-users-after-slippage-confusion

The MuesliSwap team wants to refund users who have lost funds to high slippage due to the way the DEX’s matchmaker was set up. The team behind the Cardano-based decentralized exchange MuesliSwap has made a decision to refund users that have been hit with high slippage over the past year.On Aug. 8, the MuseliSwap team

Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine

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According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added

The ‘Brussels Effect’ wields real influence over US crypto regulation

the-‘brussels-effect’-wields-real-influence-over-us-crypto-regulation

The European Union is leading the way when it comes to global cryptocurrency regulations. The right to privacy is enshrined in many legal traditions around the world. In the United States, it’s protected by the Fourth Amendment; in the European Union, it falls under Article 8 of the European Convention for Human Rights. While definitions

The New Blockchain.com Explorer

the-new-blockchain.com-explorer

The world of crypto just got a lot easier to navigateToday we’re introducing a brand new Blockchain.com Explorer that features the most important information on the crypto ecosystem–all in one place.Before diving into what’s new, it’s worth taking a step back and revisiting how we got here.The History of the Blockchain.com ExplorerWhen we first introduced the Blockchain.com Explorer…

Crypto is going mainstream: Here’s how the future founders will build on it

crypto-is-going-mainstream:-here’s-how-the-future-founders-will-build-on-it

Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas? Using cryptocurrencies for employee compensationSeveral companies have already started paying employees in crypto. There are several advantages to using cryptocurrencies for employee compensation, especially for companies with a global workforce. First, cryptocurrencies are borderless,…

Multichain DApp protocol Astar raises $22M in latest round led by Polychain

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Funds will be used for hiring industry-leading engineers to implement both EVM and WASM and to invest and nurture Astar native ecosystem projects. 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 Alameda…

OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA

okex-shared-insights-on-trading,-regulation,-defi-and-more-during-recent-markets-pro-ama

Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform. Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24…

Twitter Crypto: The dedicated team aimed at exploring DApps and more

twitter-crypto:-the-dedicated-team-aimed-at-exploring-dapps-and-more

“We’ll be working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto,” said team lead Tess Rinearson. Social media giant Twitter is expanding further into the crypto space by setting up a team to look into decentralized applications, cryptocurrencies and blockchain.According to a Wednesday tweet, Interchain…

Crypto.com supports Cronos cross-bridge mainnet beta launch

crypto.com-supports-cronos-cross-bridge-mainnet-beta-launch

The protocol launched its testnet in July 2021 and has since facilitated 1.5 million transactions. Cronos has announced the launch of its mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems.The release will enable developers to port decentralized applications and smart contracts from Ethereum and EMV-compatible…

SEBA Bank launches program for users to earn yields on crypto

seba-bank-launches-program-for-users-to-earn-yields-on-crypto

Customers can currently generate yields on Polkadot, Tezos and Cardano, but the bank said it planned to add more proof-of-stake protocols in the coming months. Customers of Swiss-based financial institution SEBA Bank will soon be able to earn yield on their crypto holdings.In an Oct. 13 announcement, SEBA Bank said investors could use its Bitcoin…

Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion

defi-tvl-climbs-higher,-optimism-use-rises,-270k-btc-on-eth,-lending-on-eth-taps-$44-billion

In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin held in TVL worth more than $13 billion and $15 billion has been…

Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms

altcoin-roundup:-high-ethereum-fees-kick-start-a-liquidity-migration-to-layer-1-platforms

Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices. In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon…

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