UwU Lend Falls Victim to $19.3 Million Hack: Security Flaws Exposed
TL;DR UwU Lend, a DeFi protocol founded by Michael “Sifu” Patryn, has suffered a hack resulting in the loss of $19.3 million, according to reports...
Tag : Blockchain
LayerZero’s Final Sybil Check List Set for Completion by Mid-2024
by jose
TL;DR LayerZero’s Sybil Check List: The omnichain protocol company LayerZero is finalizing its sybil behavior checklist, with a release scheduled before mid-2024, as announced by...
Bitcoin Dominance: Insights into the Market Landscape
by Fernando
TL;DR Bitcoin’s dominance in the cryptocurrency market has increased to 55.44%. This increase represents a rise of 0.25 percentage points in Bitcoin’s position. Bitcoin’s consolidation...
Cardano Chang Hard Fork Sparks Global Interest and Expectations
by Fernando
TL;DR Confirmation of the Chang Hard Fork on the Cardano network. Expectations of a significant potential increase in the price of ADA. Dan Gambardello highlights...
Coinbase’s Base Ascends to New Heights in Layer-2 Arena
by jose
TL;DR Coinbase’s Base has hit a new record with its Total Value Locked (TVL) reaching $1.784 billion, surpassing its older counterpart, Optimism, and marking a significant milestone...
Nocturne Privacy Protocol Announces Gradual Shutdown: Vitalik Buterin’s Investment in Focus
by jose
TL;DR Shutdown Announcement: Nocturne Privacy Protocol, supported by Ethereum’s Vitalik Buterin, is shutting down gradually. Operations have been active since last year, and users can...
LightLink Partners with Celestia to Launch Hummingbird, an Ethereum L2 Solution
TL;DR LightLink has launched its Hummingbird client on Celestia’s mainnet. Advancing its goal of providing a more scalable and cost-effective solution for the Ethereum Layer...
Constellation Network (DAG) Surges as US Air Force Adopts Blockchain
by Fernando
TL;DR The US Air Force uses Constellation Network’s blockchain technology for secure data sharing. The Iron SP project facilitates the secure exchange of information between...
Crypto Community on High Alert After Tether CEO Warns of Email Service Compromise
TL;DR Paolo Ardoino, CEO of Tether. Warned of a potential compromise in the email service of a provider used by crypto companies. Phishing attacks targeting...
Base Leads Ethereum Layer-2 Profitability Surge
by Fernando
TL;DR Base, from Coinbase, made $6M+ in on-chain profits in May, outpacing Blast and Optimism. Base’s profit surge came from TVL growth due to Ethereum...
