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” White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty? “ A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty for their find. Known as riptide on Twitter, the hacker described the exploit as…
” Staking providers could expand institutional presence in the crypto space: Report “ The Ethereum blockchain’s carbon footprint is expected to reduce by 99% following last week’s Merge event. By positioning staking as a service for retail and institutional investors, the upgrade could also have a significant impact on the crypto economy, according to a…
” Maple Finance launches $300M lending pool for Bitcoin mining firms “ On Tuesday, institutional crypto lending protocol Maple Finance and its delegate Icebreaker Finance announced that they would provide up to $300 million worth of secured debt financing to public and private Bitcoin mining firms. Qualified entities meeting treasury management and power strategies standards…
” Enjin co-founder: Here’s a roadmap for replacing shadowbans in the metaverse “ For all the hype around the metaverse, it is easy to forget it is still in its infancy. While the term has only recently entered the broad public consciousness, its impact on how we interact with technology is already expected to be…
” Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here’s why “ Crypto is a fast-moving sector where new trends — decentralized finance and nonfungible tokens among them — accelerate in the blink of an eye. And as demand for digital assets grows, the need for regulation grows too. Anticipating…
” The market isn’t surging anytime soon — so get used to dark times “ Global markets are going through a tough period — including the cryptocurrency market. But judging by talk from the peanut gallery, it seems like some observers haven’t received the memo. “Feel like we’re relatively safe through mid-terms,” Twitter’s “CryptoKaleo” —…
” Waves founder: DAOs will never work without fixing governance “ Decentralized Autonomous Organizations (DAOs) have been heralded as the future of governance, unlocking a more egalitarian approach to decision-making. However, decentralizing leadership isn’t a magical solution that instantly leads to better results. To truly get the most out of a decentralized organization, steps must…
” NFTs will bring crypto to billions of users, explains VC investor “ Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that nonfungible tokens (NFTs) will play an essential role in bringing crypto to the masses. Unlike other crypto niches, NFTs are relatable to aspects…
” DApp activity rises 3.7% in August for the first time since May: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Decentralized applications, or DApps, finally showed a glimmer of recovery in August as…
” DeFi protocol token NFD crashes by 99% after a flash loan attack “ New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Sept. 8, resulting in a reported loss of $1.25 million. The price of the native token has dropped by 99% in the wake of the…