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Archives by Year:
Chainlink’s Price Feeds Land on Base, Bringing More Precise Crypto Pricing
Base, a layer-2 blockchain backed by Coinbase and strengthened by Ethereum, has incorporated Chainlink’s renowned Price Feeds, according to an anouncment on August 8. This integration is expected to offer developers on Base a more comprehensive suite of Web3 services, especially granting them access to Chainlink’s acclaimed Data Feeds. Are you working to accelerate onchain finance? […]
Circle Unveils Web3 Programmable Wallets: A Technical Breakthrough for Developers
Circle, the financial institution that created USDC, introduced its programmable Web3 wallet platform, a move seen as a step toward simplifying digital-asset payments in the business sector. This platform will enable developers and merchants to incorporate Circle’s programmable wallets into their applications, thus allowing consumers to transact with digital assets, including the USDC stablecoin and […]
DeFi Protocol Dolomite Unveils Zap: A Breakthrough Collateral Solution for Arbitrum Users
Dolomite, a DeFi lending protocol, has recently shared details of its latest advancement, Zap. This new collateral solution, tailored for the Arbitrum network, works to refine capital deployment techniques and user experience within the DeFi space: We’re thrilled to announce the launch of our long awaited ⚡️Zap feature! 🎉 ⚡️Zap will change how you use […]
Hope on Ethereum? HopeLend Launches on ETH Mainnet; Inclusivity in Mind.
Hope.money, a bridge between DeFi, CeFi and TradFi, has unveiled the official rollout of HopeLend on the Ethereum mainnet. This decentralized, noncustodial lending protocol seeks to overhaul how users across the globe engage with digital assets. 🎉#HopeLend is launching on Ethereum MainNet today and we invite the community to celebrate this milestone together! 🎁Follow instructions […]
PYUSD Post-Launch: Exploring Mixed Reactions, Technology and Future
PayPal, the global digital payment giant, unveiled its native U.S. dollar stablecoin, PYUSD, on August 7. This announcement, although anticipated in fintech circles, has prompted a flurry of discussions, ranging from the stablecoin’s potential impact to the sheer usefulness of yet another centralized entity using crypto. The PYUSD offers functions identical to a standard PayPal […]
Can Curve Finance Catch Its Hacker? $1.85M Bounty Now For Public Assistance
Curve Finance, a decentralized finance protocol, announced that the $1.85 million bounty to recover funds lost during a reentrancy exploit on July 30 is now offered to the public. The breach, attributed to a weakness in the Vyper smart contract language for Ethereum Virtual Machine, resulted in wary investors pulling out a significant $3 billion from […]
Worldcoin’s Nairobi Offices Raided After Suspension in Kenya: Report
Worldcoin’s warehouse in Nairobi was raided by Kenyan police over the weekend. Armed with a search warrant, officials seized key documents and machinery, disclosed by local media KahawaTungu on August 7: “The officers backed by multi-agency officials went to the offices along Mombasa Road armed with a search warrant and broke in Saturday before leaving with […]
PayPal Introduces PYUSD Stablecoin in Collaboration with Paxos
PayPal, a popular online transaction platform, is strengthening its crypto game, according to an announcement on August 7. The introduction of PayPal USD, a stablecoin 100% backed by U.S. dollar deposits and short-term U.S. Treasurys, is set to reshape PayPal’s position in the digital payments arena. “The shift toward digital currencies requires a stable instrument […]
Ether Whale Burned 2,500 ETH; Ethereum Community Questions Motives
An individual operating under ENS name nd4.eth, sent 2,500 ETH, equivalent to $4.5 million, to a burn address. The act, which took place on July 26, has since drawn significant attention, leading to the Ethereum community questioning their motives. Can anyone on here explain this tx to me https://t.co/tWLYs0CWyb Looks like nd4.eth sent 2500eth to […]
Crypto Romance Scam In The Air: Minnesota Man Loses $9M
Minnesota police reported that a resident has been swindled out of $9 million in a cryptocurrency scam orchestrated through LinkedIn, according to a local news report. The victim made 21 transactions to a woman promising quick profits in a crypto project named “Coinrule-web3” over a six-month period: “Police say the Eden Prairie resident was cheated […]
