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 : DeFi
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...
USDe Grows Rapidly and Seeks to Contest Leadership in the Stablecoin Market
TL;DR Ethena Labs’ USDe stablecoin has reached a $3 billion supply in just four months, thanks to its innovative arbitrage mechanics and yield-generating trading. Since...
Alex Labs Announces Recovery Plan and Enhanced Security Measures
TL;DR The Alex Labs platform announces a recovery plan and enhanced security measures after experiencing an exploit. The Foundation has outlined its roadmap to restore...
Uniswap and Across Protocol Propose ERC-7683: A Universal Cross-Chain Trading Standard
by jose
TL;DR Innovative Standard: Uniswap and Across Protocol propose ERC-7683, a new API standard designed to unify cross-chain trading and address liquidity fragmentation across Layer 1 and...
Metis (METIS) – A Formidable Contender in Layer 2 Solutions
by jose
TL;DR Market Growth & Competition: METIS has experienced a significant price rally, highlighting its growing presence in the Layer 2 market, where it competes with...
Vitalik Buterin Transfers 80 ETH to Railgun Amid Potential Approval of Ethereum ETFs
TL;DR Vitalik Buterin transferred 80 ETH, valued at approximately $300,000, to the privacy-focused cryptocurrency mixer Railgun, sparking speculation in the community. The transfer comes at...
Injective (INJ) Accelerates Token Burn Amid Market Recovery
TL;DR Injective (INJ) is accelerating its token burning process, leading to a more than 27.6% increase in INJ value over the past week, reaching $27.82....
Sei Launches V2 Upgrade with High-Performance Parallelized EVM
TL;DR Sei launches the V2 upgrade with the first highly performant parallelized Ethereum Virtual Machine (EVM), crucial for DeFi and blockchain development. The V2 upgrade...
