Web3 Investment Soars: VC Interest in Crypto Returns, AI and Gaming Lead the Way
TL;DR Significant increase in investment in Web3 during the first quarter of 2024, with an increase of 55%. The number of venture capital (VC) investment deals
defi (Latest Publications)
Drift Protocol Launches Governance Token with Massive Airdrop
TL;DR Drift Protocol announces the launch of its DRIFT governance token along with a huge airdrop. The token seeks to empower users and give them a
OKX Launches Ethereum L2 Network, Rivaling Coinbase’s Base
TL;DR OKX launches X Layer, a scaling network for Ethereum, offering faster and cheaper transactions. X Layer addresses Ethereum’s congestion and high fees, integrating ZK technology
WOO’s Ambitious Plan: Innovation Hub to Drive BTC Ecosystem Growth and DeFi Expansion
TL;DR Expansion Goals: WOO aims to enhance the Bitcoin ecosystem and enter DeFi markets, focusing on becoming a leader in the crypto sector’s growth. Ecosystem Growth:
RWA Tokenization Protocol Grand Base (GB) Faces $1.7M Loss in Key Breach
TL;DR Exploitation of security at Grand Base results in losses of $1.7 million. The community is urged to avoid interacting with the affected contract and withdraw
This Will Be A Historic Week For Cryptocurrencies: Here’s What’s Happening In The Coming Days
TL;DR Bitcoin and other cryptocurrencies suffer sharp declines due to geopolitical tensions between Israel and Iran. The fourth Bitcoin halving is scheduled for April 19, 2024,
Solana DEXs Trading Volumes Soar Amid Mainnet Beta Update
TL;DR Solana now recommends the use of its v1.17.31 update, aimed at addressing recent network congestion issues. Trading volume in SOL-based DEXs has surpassed $1 billion.
Liquid Restaking Protocol Ether.fi Allocates $500M to Help Secure RedStone’s Data Oracles
TL;DR ether.fi closes $500 million deal with RedStone Oracles to support its data oracle services. The agreement means that more than 20,000 node operators will manage
Ethereum’s Next Upgrade Pectra ‘Will Forever Change How Users Interact on EVM Chains’
TL;DR Ethereum’s upcoming update, known as “Pectra,” aims to enhance the user experience of wallets and address concerns of institutional validators. It is expected to include
Pac Finance Users Suffer Shocking Losses as Liquidation Threshold Changes Without Warning
TL;DR Pac Finance unexpectedly liquidated the loan positions of its users, resulting in a total loss of $26 million. The sudden change in the protocol’s liquidation
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