Crypto lender Geist Finance shuts down permanently over Multichain hack
Lending protocol Geist Finance is shutting down permanently due to losses from the Multichain exploit, according to a July 14...
Ethereum News
Ethereum scaling protocols drive zero-knowledge proof use in 2023
Ethereum scaling protocols dominate the use of zero-knowledge rollups (ZK-rollups), with major launches, new research and healthy competition key points in...
Rodeo Finance exploited for the second time in a week, $1.53M lost
Rodeo Finance is an Arbitrum-based decentralized finance (DeFi) protocol. The hacker manipulated price oracles and executed trades using the manipulated...
Vitalik Buterin wants Bitcoin to experiment with layer-2 solutions, just like Ethereum
Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like zero-knowledge rollups (ZK-rollups) to become more than another...
CME Group to Roll Out ETHBTC Futures Ratio on July 31
With growing institutional demand for cryptocurrencies, particularly Bitcoin and Ethereum, CME Group is looking to expand its range of services.On...
Open-source advocates launch OP Stack testnet to fund public goods
Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer...
Ethereum Price Set to Surpass $2,000: Staking on The Rise
Contrary to expectations, the Shanghai upgrade has not triggered an exodus of users, but rather a surge in staking deposits...
What is the ZK industry up to? Rollups, multichain bridges and VCs
Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic...
Here’s what happened in crypto today
From license approvals and legal battles to further adoption and new ventures, the crypto ecosystem goes through myriad changes every...
Vitalik Buterin declares he is not staking all of his ETH, merely a ‘small portion’
Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ether (ETH) due to multisignature wallets being...
Closed beta version of Neon EVM launches on Solana’s Mainnet
Neon EVM is a low-friction solution that enables Ethereum dApps to settle transactions on Solana. The EVM helps breach the...
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact...
Chibi Finance team executes $1M rug pull, CHIB plummets 98%
Chibi Finance has allegedly executed a $1M rug pull on Layer 2 blockchain Arbitrum. The team has vanished and their...
Crypto investment products see largest weekly inflow since July 2022
A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products...
Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
Following TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust,...
Schwab-backed crypto exchange EDX Markets goes live
EDX officially launched trading in bitcoin, ether, litecoin, and bitcoin cash today. The crypto exchange has also completed a second...
Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security
Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a...
Ethereum developers consider raising validator limit from 32 ETH
Ethereum Foundation researcher Michael Neuder outlined the proposal during a core developer meeting. The proposal seeks to raise the validator...
Germany’s Deutsche Telekom set to become a Polygon validator
Germany’s Deutsche Telekom is one of Europe’s largest telecommunications companies. Deutsche Telekom provides consulting and software development services. Polygon has...
dApp Store Kit adopts new tech stack to power Web3 gaming development
DApp Store Kit, which was initially incubated by Polygon Labs, will integrate Ready Games’ mobile game development toolkit to help...
Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum in May: Report
Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report...
Circle USDC Deployed On Arbitrum Network
Circle, the leading stablecoin issuer, has announced its plan to deploy its native token USD Coin (USDC) on the Arbitrum...
