Liquid Restaking Protocol Renzo Raises $17 Million to Expand Services

Renzo, the Liquid Restaking Protocol, has just secured an impressive $17M in funding. Renzo has already seen an impressive restaking amount of nearly $4B. The funding occurred in two rounds, with Galaxy Ventures leading the first round and the Nova Fund – BH Digital (based in Abu Dhabi) leading the second round. This comes after […] дальше »

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DeFi protocol Morpho becomes first L2 to launch on Base

Morpho, a decentralized finance (DeFi) lending and borrowing protocol on Ethereum, has become the first layer-2 to launch on Base, an L2 scaling network for Ethereum that Coinbase introduced in 2023. дальше »

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DeFi Protocol expands to first L2 with launch on Base

Morpho, a decentralized finance (DeFi) lending and borrowing protocol on Ethereum, has expanded to its first layer-2 with launch on Base, an L2 scaling network for Ethereum that Coinbase introduced in 2023. дальше »

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Sonic raises $12m to drive Solana gaming ecosystem

Sonic, Solana’s first layer 2 gaming infrastructure protocol, has secured $12 million in a series A round that attracted multiple venture capital investors. дальше »

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Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services

Denver, United States, 18th June 2024, Chainwire

The post Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services appeared first on CoinJournal.

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Fox, Time use blockchain to combat fake news

Fox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content. дальше »

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Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services

Denver, United States, June 18th, 2024, Chainwire Renzo, the Liquid Restaking Protocol, today announced $17M in funding. As of today, nearly $4B is already restaked with Renzo. The funding, which took place across two rounds, was first led by Galaxy Ventures and the second round led by the Nova Fund – BH Digital (based in […] The post Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services appeared first on CaptainAltcoin. дальше »

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Solana gaming studio Mirror World raises $12M in funding

The firm’s Sonic protocol, launched in March, is the first gaming rollup on Solana that allows developers to create SVM chains for their GameFi projects. дальше »

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Introducing Valence Protocol

The interchain is the internet of blockchains - an ever-expanding ecosystem of interconnected, blockchain-based apps and services. Powered by the Interchain Stack, the interchain boasts over 100 IBC-enabled chains. дальше »

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Uphold exchange to delist multiple stablecoins for European users: here’s why

A leading crypto exchange, Uphold, revealed that it will cease support for several stablecoins for its European customers from 1 July. The assets in question are Tether (USDT), TrueUSD (TUSD), Pax Dollar (USDP), Gemini Dollar (DUSD), Frax Protocol, and Dai (DAI). дальше »

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Interview: Jonah Lau explains how Open Campus is transforming education into a ‘monetisable asset’

Open Campus is a DAO and community-led protocol building a decentralised education ecosystem. Founded in 2023, it has set up a network that has already connected more than 50 institutions with over 20 million learners. дальше »

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TAI price analysis as TARS Protocol launches Solana AI fund

TARS Protocol price bounced back on Friday after the developers launched an ecosystem fund as they seek to grow the network. TAI was seen recently trading at the important resistance level of $0.20, which was higher than the intraday low… дальше »

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Protocol Village: Manta Foundation Launches $50M EcoFund and Ecosystem Grant Program

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19. дальше »

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Zapper to launch native utility token ZAP in Q4

Zapper, a DeFi aggregator and portfolio manager, has announced plans for a new token that will power the Zapper Protocol ecosystem. This will be an open protocol that incentivizes the interpretation and contextualization of on-chain information. дальше »

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UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash

Decentralized lending protocol UwU Lend has unveiled a $5 million bounty to “identify and locate” the exploiter. Developers of UwU Lend are promising to pay up to $5 million “to the first person to identify and locate” a hacker, who… дальше »

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DeFi Protocol UwU Lend Suffers Second $3.7 Million Attack During Reimbursement Process

DeFi lending protocol UwU Lend has suffered two attacks in the past three days. The second exploit occurred on Thursday during the protocol’s reimbursement process from the first hack. The ongoing saga has taken around $23 million from the protocol. дальше »

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Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’

Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significant price declines over the past two weeks, largely influenced by the market’s downtrend and the lack of bullish momentum. дальше »

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INJ price falls below $29 as Bitoro launches on Injective Protocol

Injective (INJ) price has erased almost all the gains it had made in the last two days after dropping below $29. Interestingly, the drop, which break a month-long rally, comes amidst a positive development for the Injective ecosystem after Bitoro, decentralized perpetual futures trading protocol, announced its deployment on Injective. Bitoro launches on Injective Protocol […] дальше »

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Bitoro launches perpetual futures on Injective protocol

The perpetual futures trading network is now available on five other ecosystems, including Avalanche, Base, Arbitrum, Optimism, and Mantle. дальше »

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Protocol Village: Manta Foundation Launches $50M EcoFund and Ecosystem Grand Program

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19. дальше »

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Curve founder repays 93% of $10M bad debt stemming from liquidation

The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.

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BlockDAG Presale Gains Popularity Among Crypto Miners with X1 App Launch, Surging 1120%; NEAR Protocol and Ethena Also Show Growth

The potential of NEAR Protocol continues to climb, with forecasts suggesting its token could reach $8 by June. Despite some market ups and downs, the platform remains attractive to developers due to its robust ecosystem. дальше »

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Access Protocol launches $25,000 quest with Superboard to introduce transferable subscriptions

Access Protocol has launched a Subscription Quest initiative with Superboard to introduce its new transferable subscription feature, which offers up to $25,000 in prizes. Transferable Subscriptions are designed to revolutionize interactions with creators. дальше »

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Tokenizing music catalogs: The next frontier for Web3 and music industry

At the Proof of Talk 2024 conference in Paris, Serio Mottola, CEO of Music Protocol, advocated for integrating blockchain technology into the already established billion-dollar music industry. дальше »

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UwU Lend suffers its second $3.7m hack by same attacker

Decentralized finance protocol UwU Lend has suffered another exploit from the same attacker, costing it $3.7 million worth of stolen funds. UwU Lend, an Ethereum-based lending and liquidity protocol, has apparently suffered another hack from the same attacker, who exploited… дальше »

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UwU Lend hit by another $3.7 million hack amid reimbursement efforts

The UwU Lend protocol, which recently suffered a $20 million exploit, is once again under attack, with hackers stealing an additional $3. 7 million from various asset pools. The ongoing exploit occurs as the protocol attempts to reimburse victims of the previous hack. дальше »

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Peer-To-Peer Bitcoin Trading Protocol Hits Milestone

Civkit wants to unlock the potential of peer-to-peer Bitcoin marketplaces. дальше »

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FET, OCEAN, And AGIX Drop 8% After ASI Token Merger Delay

The Artificial Superintelligence Alliance (ASI) announced its token merger would be postponed to next month after presenting logistical and technical issues. The alliance was set to merge Fetch. AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the ASI token on Thursday. дальше »

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The Protocol: How Optimism Filled in Its Missing Tooth

In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup. дальше »

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Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum

The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 12. дальше »

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Near Protocol (NEAR) and Dogwifhat (WIF) take massive hits, while Algotech (ALGT) soars with CEX Listing.

Near Protocol (NEAR) and Dogwifhat (WIF) Record Massive Losses, Algotech (ALGT) Stands Tall With CEX Listing No cryptocurrency has been left unscathed in the recent  market correction. Big players like Near Protocol (NEAR) and Dogwifhat (WIF) among other projects have recorded up to -10% and above losses. However, projects like […] дальше »

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Ava Protocol raises $10M to boost Web3 automation

Ava Protocol, formerly known as OAK Network, has announced the completion of $10 million in seed funding. This total includes an initial $5. 5 million round and a subsequent $4. 5 million seed+ round. дальше »

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Why Is Injective Protocol (INJ) Crypto Price Pumping? Watch These Key Levels

Injective Protocol’s native cryptocurrency, INJ, has been on an upward trajectory, spiking more than 20% today alone. The price has now been able to break out of a two-month accumulation period that began in mid-April. дальше »

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Chainlink’s CCIP protocol and Automation now live on Gnosis

Gnosis developers can now outsource their heavy computing to the oracle network while reducing gas fees by up to 90%, spokespeople said. дальше »

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The Politics of Bitcoin Development

One of Bitcoin's most veteran developers thinks a new approach is needed to address the protocol's scaling woes. дальше »

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Rollblock (RBLK) has caught investors' eyes!

Chainlink (LINK), Polkadot (DOT), and NEAR Protocol (NEAR) have all recorded a dip of more than 7% over the past week within the crypto market. This dip seems to have pushed investors away from these The post Rollblock (RBLK) has caught investors' eyes! appeared first on AMBCrypto. дальше »

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Symbiotic launches ‘permissionless restaking’ protocol, secures $5.8M funding

Symbiotic debuts its restaking protocol with a $5.8M investment from Paradigm, promising flexible collateral options and rewards. The post Symbiotic launches ‘permissionless restaking’ protocol, secures $5.8M funding appeared first on Crypto Briefing. дальше »

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1inch DAO proposes $150k grant to create web3 crowd testing platform

The governance DAO of finance protocol 1inch is voting on whether it should allocate $150,000 in USDC to develop a platform to “educate newbies into experts in web3.” A 1inch governance proposal suggests creating a new bug bounty platform that… дальше »

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Fetch.ai, SingularityNET, and Ocean Protocol token merger delayed to July 15

The planned merger of Fetch. ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN) into Artificial Superintelligence Alliance (ASI) has been postponed to July 15. In March, the three networks announced intentions to unify their tokens into the ASI token, with a total supply of 2. дальше »

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AI tokens FET, AGIX, OCEAN merger delayed to July

FET, AGIX and OCEAN, the native tokens of the Artificial Intelligence (AI) projects Fetch.ai, SingularityNET, and Ocean Protocol, traded lower on Tuesday as Bitcoin dumped amid market anxiety around Fed’s take on interest rates in the US. But that’s not… дальше »

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Fetch.ai, SingularityNET, and Ocean Protocol reschedule token merger for July 15

The ASI Alliance, including Fetch.ai, SNET, & Ocean Protocol, has postponed the token merger to July 15 to ensure a smooth transition. The post Fetch.ai, SingularityNET, and Ocean Protocol reschedule token merger for July 15 appeared first on Crypto Briefing. дальше »

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PENDLE price outlook as whale deposits tokens on Binance

Pendle (PENDLE) price dips 3% to near key support area. A whale has deposited 755k PENDLE tokens on Binance. Arthur Hayes has also staked 1. 65 million PENDLE, worth about $8. 4 million. Pendle (PENDLE), the native token of the tokenization and future yield trading protocol Pendle Finance, has dropped 3% in the past 24 hours. дальше »

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Protocol Village: Wormhole Opens W Staking

The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 17. дальше »

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Solana-Based DePIN Project CEO Steps Down Ahead Of Token Launch

Ahmad Shadid stepped down as CEO of the Solana-based DePIN Protocol io. net on Sunday. The decision came two days before the launch of io. net’s token, IO. As a result, the crypto community was skeptical of the decision and the former CEO’s past. дальше »

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UwU Lend hacked out of $19.3 million

UwU Lend, a lending and liquidity protocol, has reportedly been targeted by an exploit amounting to $19.3 million.  A malicious hack recently targeted the decentralized lending platform. Reports from the blockchain security firm Arkham indicate that unknown perpetrators stole $19.3… дальше »

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Uniswap Labs acquires Crypto: The Game

Uniswap Labs announced the acquisition of Crypto: The Game (CTG) on Monday. The price of UNI, the native token of the Uniswap decentralised exchange (DEX) protocol rose slightly amid this news. Uniswap Labs has acquired Crypto: The Game (CTG), a crypto-focused elimination game that’s set to launch its third season. дальше »

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Hacker drains $19.5 million from UwU Lend in price oracle exploit

Blockchain security firm Cyvers Alert reported a significant exploit on the DeFi lending protocol UwU Lend, which resulted in an approximately $19. 5 million loss. The attacker funded their wallet via the sanctioned crypto mixer Tornado Cash. дальше »

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Squads Labs announces first ever Solana smart wallet

Squads Labs, the platform behind the multisig and Solana Virtual Machine (SVM) smart account standard Squads Protocol, has announced the launch of Fuse. Fuse is the first smart wallet on the Solana blockchain, the Squads Protocol core contributor noted in… дальше »

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BlockDAG Shines in Crypto’s Elite with $48.5M in Presales; Insights into NEAR Protocol’s Price Predictions & Theta Network

BlockDAG distinguishes itself in the cryptocurrency arena with its stellar presale achievements and advanced solutions, making it a top pick for 2024. While NEAR Protocol enhances scalability and usability, and Theta Network revolutionizes streaming with its decentralized system, BlockDAG’s exponential growth and technological edge render it a prime choice. дальше »

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DeFi protocol UwU Lend falls victim to $19.3M exploit

UwU Lend, a DeFi protocol founded by Quadriga CX co-founder "Sifu," has suffered a $19.3 million exploit, with the exact method of the attack remaining unclear. The post DeFi protocol UwU Lend falls victim to $19.3M exploit appeared first on Crypto Briefing. дальше »

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