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” Skyward finance exploit allegedly results in $3 million loss “ Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for 1.1M NEAR tokens, worth an estimated $3 million USD at time of publication. The news was shared on Twitter by Aurora Lab’s community moderator…
” Near Foundation sets up $40M fund to bail out USN investors in case of collapse “ Near Protocol’s in-house stablecoin, USN, recently became undercollateralized, forcing Near Foundation to recommend winding down USN to prevent a situation similar to the Terra (LUNA) and UST collapse. Supporting this move, the Near Foundation opened up a $40…
” Near Protocol partners with Google Cloud to support Web3 devs “ Near Foundation has announced a new partnership between Google Cloud and Near Protocol, providing infrastructure for Near’s Web3 startup platform, Pagoda. According to an Oct. 4 announcement, this partnership will allow Google Cloud to provide “technical support” to Near grant recipients by providing…
” Hacker tries to exploit bridge protocol, fails miserably “ Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets. In a Twitter thread, Alex Shevchenko, the CEO of Aurora Labs, told the story…
” 20 million JavaScript devs can now build applications on NEAR: KBW 2022 “ 20 million JavaScript developers will now have the ability to write blockchain smart contracts and build applications on the NEAR Protocol, after rolling out JavaScript Software Development Kits (JS SDKs) on Monday. Speaking with Cointelegraph at the Korea Blockchain Week (KBW)…
” Near Protocol picks up slack, onboards Tracer following Terra’s downfall “ For many Level 1 crypto projects, returning to normalcy from Terra’s death spiral meant a complete migration to a different ecosystem. But how does one make the right move, especially after knowing the unfortunate fate of their initial platform of choice? In the…
” NEAR developers to get seamless Web3 app deployment with Pocket Network “ Pocket Network (POKT), a relay infrastructure middleware protocol, announced a service integration to improve the network bandwidth of NEAR blockchain while enabling faster deployment times for Web3 developers. According to Pocket Network, the latest integration with NEAR allows native developers to deploy…
” Aurora launches $90M fund to finance DeFi apps on Near Protocol “ Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has launched a token fund worth $90 million. The fund was launched today in partnership with Proximity Labs and will be focused on financing decentralized…
” From smart insurance to on-chain document verification: Here’s how NEAR aims to improve Kenya “ Kenya-based blockchain community Sankore has partnered with Swiss nonprofit NEAR Foundation to launch a regional hub that aims to develop talent within the region and build projects that aim to improve the local ecosystem. Sankore supports projects like Kilimo…
” Top 5 cryptocurrencies to watch this week: BTC, LUNA, NEAR, VET, GMT “ The month of April has been a forgettable one for equities and cryptocurrency investors. Bitcoin (BTC) plummeted 17% in April to record its worst ever performance in the month of April. Similarly, the Nasdaq Composite plunged 13.3% in April, its worst…