Balancer Labs, a non-custodial portfolio manager, liquidity provider, and price sensor, recently experienced a massive vulnerability affecting several of its lending pools. After the exploit was discovered, Balancer devs published a warning to its users, noting that certain pools had already been marked as safe and promising a post-mortem of the situation as soon as […]
The BRICS nations (Brazil, Russia, India, China, and South Africa) are pushing for de-dollarization in order to protect powerful nations from the ebbs and flows of the dollar exchange rate. As the bloc continues to expand with the addition of new members, it is estimated that BRICS will control approximately 30% of the world’s economy.The […]
Supra, a leading blockchain organization, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This eliminates the need for a centralized bridge, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology makes blockchain connections more secure, reliable, and scalable […]
Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable, and scalable.HyperNova works by using Supra’s novel, […]
Binance, the world’s largest cryptocurrency exchange, has announced new trading conditions for its Russian user base on its peer-to-peer platform. Russian users are now restricted to using only the Russian ruble for transactions on the platform. Additionally, Russian nationals residing outside the country are now barred from accessing key global currencies, such as the euro, […]
Sonik Coin (SONIK) is a new meme token that is gaining significant investor attention, with many believing it could be the next viral project to explode. The token’s presale has already raised over $620,000 in funding, with tokens priced at just $0.000014. The token’s built-in staking protocol offers yields of up to 107% per year […]
Unstoppable Domains, a provider of digital identities that include crypto addresses, has launched a new messaging feature powered by XTMP. This feature allows owners of UD domains, or any Web3 wallet address, to chat with each other across the blockchain. The messaging can be used for any kind of decentralized, end-to-end encrypted messaging, such as […]
Pomerdoge (POMD) is a new platform that offers an immersive play-to-earn gaming experience. The Sandbox (SAND) and Decentraland (MANA) tokens are also pushing to overcome the bear market. DBS Bank, the largest bank in Singapore, has developed a novel metaverse experience with The Sandbox, which will be unveiled to the general public before the end […]
The total transaction fees on the Ethereum blockchain have recently dropped to a 6-month low of 1,720 tokens, indicating a lack of interest in the coin. This is evidenced by the chart showing the trend in the Ethereum total fees over the past six months, which has been steadily declining. Similarly, the Bitcoin total fees […]
Pepe, the memecoin that has taken crypto markets by storm this year, has recently experienced a large transfer of coins that has caused a price correction. According to a statement from the Pepe community leader, all founding members except one anonymous entity have sold their stake and abandoned the project. The lone team member has […]
