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“# Ticketing platforms use blockchain to engage with customers post-pandemic ” The year 2020 was certainly lonely for many people around the world, as the COVID-19 pandemic resulted in the cancellation of almost all social events and gatherings. As a result, online events have become the new normal for almost every industry. While some may…
“# Fantom surges 52% following network upgrade ” The token of smart contract platform Fantom, FTM, was subject to a 52% price increase leading into Thursday morning following the successful implementation of a new network upgrade. Dubbed “Go-Opera,” the latest upgrade to Fantom introduces a range of technical changes that, according to a recent explainer…
“# DeFi hacks and exploits total $285M since 2019, Messari reports ” DeFi’s rising popularity since 2019 has seen the emerging market segment become a target for hackers and opportunistic profiteers. According to a report by crypto research company Messari, DeFi protocols have lost about $284.9 million to hacks and other exploit attacks since 2019….
“# Alchemy raises $80M to power the NFT boom as the ‘AWS of blockchain’ ” Blockchain developer Alchemy has announced that it has raised $80 million in a Series B round to further develop platforms that power non-fungible token marketplaces. The funding round, announced on Wednesday, April 28, was led by technology-focused investment manager Coatue,…
“# QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity ” As the Ethereum network progresses along the slow, steady path toward Ethereum 2.0 and the full transition to proof-of-stake, layer-two solutions have arisen as the best solution to the current challenges associated with high gas fees and network congestion. One layer-two…
“# ‘From dial-up to broadband’: Banco Santander exec talks up DLT utilization in finance ” John Whelan, the head of Banco Santander’s blockchain lab in Madrid, recently touted the potential for increased decentralized ledger technology adoption in mainstream finance. Speaking during a webinar organized by Fintech Surge and the Future Blockchain Summit on Wednesday, Whelan…
“# Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit ” The $50 million exploit of Uranium Finance, a DeFi protocol on the Binance Smart Chain, may have been an inside job, according to a member of the project’s development team. The theory was put forward on Uranium Finance’s Telegram channel by a…
“# Uniswap v3 hopes to reinvent its DEX, others see a different path for DeFi ” Uniswap decentralized exchange and its governance token, UNI, have been defying all expectations in recent months, with the world’s largest DEX recently recording cumulative transaction totals exceeding the $10-billion threshold. What’s more, it is estimated that Uniswap’s 24-hour trade…
“# Web browser Opera integrates .crypto domain names for users on any device ” Crypto-friendly web browser Opera is expanding its integration of decentralized web pages provided by blockchain domain name provider Unstoppable Domains — a blockchain firm backed by the high-profile Bitcoin (BTC) advocate Tim Draper. On Wednesday, Opera said that users of the browser on…
“# $50M reportedly stolen from BSC-based Uranium Finance ” Uranium Finance, an automated market maker platform on the Binance Smart Chain has reported a security incident that resulted in a loss of about $50 million. Tweeting on Wednesday, Uranium revealed that the exploit targeted its v2.1 token migration event and that the team was in…