Category: Protocols
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Web3 Automation Provider Ava Protocol’s Demand Surges 900% Ahead Of Token Launch
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Ava Protocol, EigenLayer’s active, event-driven service (AVS), has seen significant growth since its launch in July. Automation provider Web3 reported a surge in demand for its “super-transaction” solution ahead of its token launch. Web3 automation provider sees 900% increase in demand Ava protocol I mentioned 900% increase in demand for…
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SHINOBI: OFF-CHAIN PROTOCOLS WILL ALWAYS BE A BALANCING ACT
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Rene Beckhardt recently started a string Discuss the differences between two-party and multi-party payment channels as they relate to his research work on payment reliability on the Lightning Network. Increasing doubts were expressed about the feasibility of this trend for development. The high-level idea as to why channel factories improve…
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BitGo launches unified token management solution for protocols
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Digital asset custody company BitGo has unveiled a new solution that the platform says will change the way protocols manage token custody, distribution, and liquidation. According to BitGo, the token management platform offers an automated process that protocols and institutions can leverage to streamline their digital assets. The solution is…
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Advancing Bitcoin Security: The Journey from Basic Wallets to Advanced Protocols
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Security strategies within the Bitcoin network are constantly evolving, and in this exploration, we will evaluate how these strategies have evolved from simple digital wallets to complex multi-signature mechanisms. This includes an overview of the latest developments in cryptographic techniques, such as Schnorr signatures. In simple terms, we will examine…
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Advancing Bitcoin Security: The Journey from Basic Wallets to Advanced Protocols
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Security strategies within the Bitcoin network are constantly evolving, and in this exploration, we will evaluate how these strategies have evolved from simple digital wallets to complex multi-signature mechanisms. This includes an overview of the latest developments in cryptographic techniques, such as Schnorr signatures. In simple terms, we will examine…
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Near Protocol’s X page hacked, again
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Near Protocol’s X page has apparently been hacked by hackers who seem uninterested in promoting fake airdrops or rug pulls. On September 4, strange posts were seen. Published From the X account of the layer 1 proof-of-stake blockchain, Near (NEAR) protocol. Account hijackings like this are common in the cryptocurrency…
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$7.6 Million Stolen In Recent Crypto Exploit: Rho Protocol’s Vulnerability Exposed
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The decentralized finance (DeFi) ecosystem, built on the principles of transparency and fairness, has faced a major setback with the recent exploit of ro protocolThe incident, which saw $7.6 million worth of cryptocurrencies drained, has once again highlighted the inherent vulnerabilities that exist within blockchain-based platforms. As the crypto community…
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$7.6 Million Stolen In Recent Crypto Exploit: Rho Protocol’s Vulnerability Exposed
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The decentralized finance (DeFi) ecosystem, built on the principles of transparency and fairness, has faced a major setback with the recent exploit of ro protocolThe incident, which saw $7.6 million worth of cryptocurrencies drained, has once again highlighted the inherent vulnerabilities that exist within blockchain-based platforms. As the crypto community…
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Grayscale Launches New Fund Targeting Decentralized AI Protocols
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The prominent crypto asset manager announced the launch of Grayscale Decentralized AI Fund LLC on July 17, which aims to give investors exposure to protocols in the rapidly evolving artificial intelligence sector within the crypto ecosystem. The fund will be rebalanced quarterly and currently includes a basket of AI-powered decentralized…
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Grayscale Launches New Fund Targeting Decentralized AI Protocols
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The prominent crypto asset manager announced the launch of Grayscale Decentralized AI Fund LLC on July 17, which aims to give investors exposure to protocols in the rapidly evolving artificial intelligence sector within the crypto ecosystem. The fund will be rebalanced quarterly and currently includes a basket of AI-powered decentralized…
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L1 Blockchains and DeFi Protocols Dominate Crypto Fee Generation
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Ethereum generated the most fees among the top twenty protocols over the past 30 days at nearly $180 million, according to new data from Token Terminal. On June 17, the cryptocurrency analytics platform reported that Ethereum was well ahead of other blockchains, which were dominated by layer 1 chains and…
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dWallet Network Brings Multi-Chain Zero Trust Protocols to Aptos Blockchain
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dWallet Network has announced the expansion of its technology to include the first layer blockchain network, Aptos. The move aims to bring Zero Trust Protocols (ZTPs) with inherent cross-chain interoperability capabilities to decentralized finance (DeFi) and gaming ecosystems on Aptos. By integrating dWallet’s Zero Trust architecture, ZTPs developed on Aptos…
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Ambitious Plans To Welcome Layer-3 Protocols, Redefining The Future Of Ethereum Scaling Solutions
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optimism It charts a bold path with its plans to introduce Layer 3 protocols, setting a new standard for Ethereum scaling solutions. By incorporating Optimism Sequencer and embracing modular blockchains, it redefines what is possible in the field of blockchain scalability. ?Welcome L3s to Superchain! L3s can join the Superchain…
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NEAR Protocol’s X account hacked, here’s what we know so far
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The NEAR Protocol The first encrypted message was published on NEAR Protocol’s X page at 18:18 UTC on May 8. The message, which resembles Morse code, says “Darkness is coming” when decoded. Source: MorseCode.World Despite the dark ambience of the message, NEAR Foundation’s Director of Marketing and Events, Yadira Blocker,…
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Fantasy.top and Pump.fun among top 10 crypto protocols for fees
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Fantasy.top and Pump.fun have emerged as two leading cryptocurrency protocols, ranking among the top 10 protocols in terms of fees and revenue generated. Despite being relatively new, both platforms have quickly built large user bases and trading volumes, according to Devillama data. Fantasy.top, a decentralized exchange focused on trading cards…