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” Aave launches v3 liquidity pool following unanimous governance decision “ Decentralized finance (DeFi) protocol Aave has announced the launch of Aave v3, marking a significant evolution on the existing model of liquidity pools by promising to improve financial efficiency, bolster current safety and security measures, foster greater decentralization via DAO development and enhance the…
” $100M fund aims to support the growth of decentralized machine economy “ IoTeX, a blockchain platform focused on the Internet of Things (IoT), has announced the launch of a $100 million sustainable ecosystem fund. The new fund will back over 1,000 decentralized machine economy startups developing use cases for connecting more than 10 million…
” ‘Unlucky’: Agave and Hundred Finance DeFi protocols exploited for $11M “ A hacker has made off with approximately $11 million in Wrapped ETH, Wrapped BTC, Chainlink, USDC, Gnosis, and Wrapped XDAI after using a “re-entrancy” attack on DeFi lending protocol applications Agave and Hundred Finance. The attack comes within 24 hours of news breaking…
” MakerDAO community proposal to replace MKR governance token “ The community behind decentralized stablecoin platform MakerDAO is mulling over a major tokenomics shift that could replace its governance token, MKR. A proposal was made on the MakerDAO forum by community leader “monet-supply” on March 14, outlining an alternative token economic mechanism. If the proposal…
” Ethereum Merge testing on Kiln mostly successful, save for one minor bug “ On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. “Merge” involves taking…
” Commissioner Allison Lee announces her departure from the SEC “ Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in June. In a Tuesday announcement, Lee said that she will remain in the role until her successor has been confirmed….
” GRT rallies 39% as subgraphs migrate to The Graph’s decentralized mainnet “ As the growing digital economy undergoes a transition from Web2 to Web3, oracle and data providers are becoming an increasingly important sector of development to ensure the reliable sharing and transfer of information. The Graph (GRT) is one protocol that is spearheading…
” ConsenSys raises $450M in Series D funding, doubles valuation in four months “ On Tuesday, ConsenSys, the leading Ethereum and decentralized protocols software company with product suites such as MetaMask, Infura and Truffle, announced the close of a $450-million Series D funding round led by ParaFi Capital. Notable new investors included Temasek, SoftBank Vision Fund…
” Which tokens should you buy and hodl in 2022? | Find out now on The Market Report live “ “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which tokens you should buy and hodl in 2022. But first, market expert Marcel Pechman carefully examines the…
” Nansen’s indexes reveal insightful trends in the NFT space “ The research branch of Nansen, a popular blockchain data firm, has published a meticulous twelve-page report quantifying the performance of Ethereum-based nonfungible tokens, or NFTs, since the turn of the year, unveiling a number of compelling indications as to the economic and cultural future…