Deposits in Yearn Finance’s DAI vault are rising after synthetic assets protocol Alchemix started using Yearn for its backend last week. Alchemix deposits quintupled to almost $130M from less than $25M on Feb. 27, when the protocol launched. The surge pushed Yearn to raise its Dai vault limit to 300M from 100M. The move shows …
Yearn Raises Dai Vault Limit as Alchemix Deposits Surge Read More »
An anonymous hacker has exploited transaction batching protocol Furucombo and walked away with $15M in stolen crypto over the weekend. The team is pledging to compensate victims. The attacker used a contract which tricked Furuсombo into thinking that their contract was a new version of Aave, and was able to transfer funds of every user …
ArmorFi CTO Robert Forster has awarded the Dedaub Team $250k $ARMOR tokens following the successful disclosure of a critical vulnerability in Primitive Finance to Immunefi. The award is part of the R Bounty program, now renamed the Founders Bounty, where Foster, working together with Immunefi, pledged that amount to anyone who discovered a flaw in …
Dedaub Claims $250k in Bounty for Primitive Finance Bug Read More »
An unknown developer has deployed a smart contract called “Tinenanmen_Square” (mis-spelling Tiananmen Square), a censored topic in China, on Binance Smart Chain (BSC), with the implied intention of testing just how decentralized the chain really is. The smart contract is a game where users can mint TANK tokens starting at 1,000 TANKs, and going down …
“Tiananmen” Contract on BSC Seeking to Provoke CZ Read More »
As high-profile NFT sales gain unprecedented mainstream visibility, the crypto space seems to be primed for an influx of newcomers. Just two days into March, and it’s clear this is going to be another record-setting month with major NFT auctions already making waves. Beeple The first is Beeple’s “Everydays: The First 5000 Days” NFT which …
Beeple & Grimes are Latest in High-Profile NFT Auctions Read More »
3LAU smashed the single NFT auction record on Saturday night after selling $11.6M of NFTs by tokenizing his debut album Ultraviolet in partnership with Origin Protocol. The bespoke auction portal – nft.3lau.com – allowed the top 33 bidders to earn exclusive Ultraviolet album NFTs of varying rarities. These tiers ranged from “Platinum” for the top …
3LAU Breaks NFT Auction Record with $11.6M in Sales Read More »
Music is part of my monthly budget. Pre-pandemic this included live music, some vinyls on the side, not to mention subscriptions to the streaming platforms. During the pandemic it’s been Bandcamp Fridays, NFTs, and monthly donations through Patreon to support the venues and communities that are the soul of New York City — that comprise …
NFTs Have the Potential to Crack Royalties and Give More Value to Artists Read More »
