Farcaster, an Ethereum Layer 2 Optimism-based decentralized social protocol, has seen its total revenue surge to $600,000. The platform’s rise has been likened to FriendTech, another decentralized social network, which attracted a lot of users […]
The total value locked on Ethereum restaking protocol EigenLayer has surged 70% over the past week. Furthermore, it is currently at an all-time high of $3.4 billion, according to DeFiLlama. The reason for the surge […]
According to a recent report by Quantstamp, a DeFi security startup, a staggering $38.9 million has been lost to security incidents in the nascent ecosystem. Malicious actors continued to launch a barrage of attacks utilizing […]
In recent times, participants in the cryptocurrency market have witnessed skyrocket and extraordinary returns on the DeFinder Capital ($DFC) token, positioning it as the standout performer on the TON blockchain and a potential ‘PEPE 2.0. […]
DEBT Box, a company that primarily provides users of its services with crypto mining software, was taken to court last year by the SEC. According to the regulator, DEBT Box had defrauded investors to the […]
DeFi regulation has been a major bone of contention among regulatory watchdogs across the world. A recent paper, authored by Rebecca Rettig, Katja Gilman from Polygon Labs, and Michael Mosier from Arktouros, proposes a strategy […]
Polygon, a layer-2 scaling network, nearly matched Ethereum’s user base in 2023, as reported by blockchain analytics firm Flipside. Polygon acquired 15.24 million users that year, coming close to Ethereum’s 15.4 million, with a difference […]
In recent years, there has been an increase in cyber attacks linked to North Korea, with groups like Kimsuky and Lazarus Group employing various malicious strategies to obtain significant amounts of crypto assets. Last year, […]
Despite a challenging market and waning trust in centralized crypto entities, Binance Labs disclosed 25 new investments in 2023. In the latest report, Binance Labs primarily focused on decentralized finance (DeFi), Web3 gaming, tooling, and […]
CertiK’s latest report reveals a noteworthy decline in cryptocurrency security incidents in 2023. Total losses came down to $1.84 billion across 751 events, marking a 51% decrease from 2022. Moreover. each incident averaged $2.45 million […]
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