Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,196,879,572,397.17
  • 24h Vol: $105,013,737,124.62
  • BTC Dominance: 55.95%

DeFi

lightning-network-protocol-stacks-completes-nakamoto-upgrade-with-defi-features

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, DeFi, Ethereum, L2, L2 projects, Layer two, lightning network, Nakamoto Mainnet, Nakamoto Upgrade, News Bytes, News Bytes - 5, Stacks / / / , , , , , , , , ,

The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]

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defi-giant-makerdao-rebrands-as-sky,-introduces-usds-stablecoin-and-sky-token

Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, Ethereum, governance token, makerdao, rebranding, Sky, SKY token, Stablecoin, USDS / / / , , , , , , , ,

The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and a governance token named SKY, both slated for a mid-September launch. Sky Unveils USDS and SKY Tokens Amid

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ripple-and-sbi-digital-community-partner-to-advance-web3-with-xrp-ledger

Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger

Leave a Comment / Bitcoin, Blockchain, Crypto, Crypto Hacked, Cryptocurrency, DeFi, Digital Assets, Ethereum, Featured, Fintech, Ripple, Ripple Labs, SBI Asia, SBI Digital, SBI Holdings, tokenization, Web3, XRP, XRP Ledger / / / , , , , , , , , , , , , , , ,

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community

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internet-computer-protocol-implements-threshold-schnorr-signatures,-enhancing-bitcoin-integration

Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, Dfinity Foundation, Ethereum, ICP, ordinals, Smart Contracts, Taproot, Technology, threshold-Schnorr signatures / / / , , , , , , , , , ,

The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within the decentralized economy, allowing for new applications previously hindered by Bitcoin’s lack of native smart contract support. ICP Introduces Threshold-Schnorr Signatures to Boost Bitcoin Compatibility

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150,000-ether-floods-liquid-staking-platforms-in-27-days

150,000 Ether Floods Liquid Staking Platforms in 27 Days

Leave a Comment / Binance, Bitcoin, Crypto Hacked, Cryptocurrency, DeFi, ETH, ETH liquid staking, Ether liquid staking, Ethereum, Lido, Liquid Staking, Mantle, Rocket Pool, staking platforms / / / , , , , , , , , , , ,

In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH made its way to Lido, the world’s leading liquid staking platform by market share. Ethereum Liquid Staking Spikes to 13.59 Million Ether, Lido Nears 10

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intimidating-wallet-interfaces-hinder-adoption-of-defi-lending-protocols,-says-crypto-veteran

Intimidating Wallet Interfaces Hinder Adoption of Defi Lending Protocols, Says Crypto Veteran

Leave a Comment / Bitcoin, Blockchain, consumer lending, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, defi lending, Ethereum, Interview / / / , , , , ,

Decentralized finance (defi) has improved efficiency, inclusivity, and performance in consumer lending, but poor user experience remains a significant barrier to adoption, according to Thor Abbasi, co-founder of Zivoe. Abbasi argues that as long as wallet interfaces seem “unintuitive” or intimidating to non-crypto users, defi lending protocols won’t gain traction hence their benefits won’t be

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allegations-of-‘rug-pull’-arise-after-gemholic-team-withdraws-$3.5m-in-previously-locked-eth

Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH

Leave a Comment / audit, Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, DeFi, Ethereum, KYC, Rug Pull, SolidProof, Zksync / / / , , , , , ,

On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process. Zksync’s v24 Upgrade The layer two (L2) Ethereum blockchain scaling protocol, Gemholic, faced allegations of

Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH Read More »

ethereum’s-liquid-staking-protocols-attract-400,000-ether-after-shapella-upgrade

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

Leave a Comment / Ankr, Binance, Bitcoin, Bitfrost, Coinbase's Wrapped Staked Ether, Crypto, Crypto Hacked, Cryptocurrency, DeFi, Ether.fi, Ethereum, FRAX, Lido Finance, liquid staking protocols, passive rewards, Rocket Pool, Shapella upgrade, Stakehound, stakers, Stakewise, TVL, value locked, Withdrawals / / / , , , , , , , , , , , , , , , , , , ,

Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has

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crypto-industry-report:-btc-beats-nasdaq-index-and-gold-in-q1,-liquid-staking-governance-tokens-up-by-210%

Crypto Industry Report: BTC Beats Nasdaq Index and Gold in Q1, Liquid Staking Governance Tokens up by 210%

Leave a Comment / Binance, Bitcoin, BTC, CoinGecko, Crypto Hacked, Cryptocurrency, De-pegging, decentralized finance, DeFi, Ethereum, Featured, nasdaq, NFTs, Opensea, Stablecoins, trading volumes, US banking crisis / / / , , , , , , , , , , , ,

According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by March 31, 2023. The report attributes the crypto asset’s resurgence to “increased volatility

Crypto Industry Report: BTC Beats Nasdaq Index and Gold in Q1, Liquid Staking Governance Tokens up by 210% Read More »

sushiswap-smart-contract-bug-results-in-over-$3m-in-losses;-head-chef-says-hundreds-of-eth-recovered

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

Leave a Comment / 2023 defi hack, Advocate, approval, Bitcoin, Blockchain, certik, Coffeebabe, Crypto, Crypto Hacked, Cryptocurrency, CTO, decentralized exchange, decentralized finance, DeFi, Defi Hack, DEX, ether, Ethereum, Exploit, Funds, Hacker, Head Chef, Jared Grey, Lido, LPing, Matthew Lilley, Peckshield, recovery, RouteProcess02, RouterProcessor2, SEC, Security, Sifu, Smart Contract, Subpoena, Sushi Protocol, Sushiswap, swap, UI, USDC, Vulnerability, vulnerability disclosure, whitehat / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the weekend, the dex

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered Read More »