Band Protocol Becomes First Blockchain Project to Join OpenAPI Initiative
Band Protocol will help create a common standard enabling blockchain applications to easily leverage APIs and data. Source
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Protocol
Multicoin Capital Leads $1.15M Seed Round for DeFi Protocol Swivel Finance
The decentralized protocol says its offerings of fixed-rate lending and interest-rate derivatives will place it in a unique position in Defi Source
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Protocol Hosting Google reCAPTCHA Competitor Expands to Polkadot
Human Protocol, the backbone for anti-bot system hCaptcha, announced Thursday it will be expanding beyond Ethereum to a future Polkadot parachain, Moonbeam. The move also prepares for the addition of a new distributed job marketplace on Intel’s open-source Computer Vision Annotation Tool (CVAT) for data labeling that better serves machine learning.hCaptcha
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Researchers say Ripple’s protocol ‘may fail badly’
Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.”In a blog posted yesterday from the university’s Cryptology and Data Security Research Group, researchers Christian Cachin, Amores-Sesar, and Jovana Mićić released an analysis alleging the payment firm’s consensus protocol could allow
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Bison Trails launches QT protocol to help developers build on Libra
Blockchain technology and staking service provider Bison Trail has announced the launch of its Query and Transactions Clusters, or QT, protocol to help developers build on Facebook’s forthcoming Libra network.Libra QT offers a bridge between Libra’s pre-mainnet and off-chain systems, allowing dedicated off-chain infrastructure to read and write data to
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DeFi protocol 1inch set to be the first to expand to the NEAR blockchain
The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform.As part of a collaboration announced on Tuesday, the 1inch team pledged to port its automated market maker protocol to NEAR. Sergej Kunz, CEO of
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DeFi Protocol Pickle Finance Token Loses Almost Half Its Value After $19.7M Hack
Popular decentralized finance protocol Pickle Finance was hacked on Saturday, draining $19.7 million in DAI, a decentralized stablecoin pegged to the U.S. dollar, from a Pickle wallet.Pickle came on the scene Sept. 11 as one of many food-themed DeFi projects. The fully automated system rewards users with interest payments and
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Mintbase Raises $1M Seed Round to Bring NFTs to NEAR Protocol
Lisbon-based non-fungible token (NFT) platform Mintbase has closed a $1 million seed funding round.The round, led by Chinese venture capital firm Sino Global and with participation from D1 Ventures, Block Oracle Capital, Arweave and angel investors, is meant to help Mintbase stand out from a growing pack of NFT platforms.“Being
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Origin Protocol Loses $7M in Latest Flash Loan Attack
Blockchain project Origin Dollar (OUSD) said it sustained an attack that caused a loss of funds worth $7 million, including over $1 million deposited by Origin and its founders and employees, and has disabled deposits as a result. The project’s native token is down 36% on the day, according to
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Value DeFi protocol hacker flooded with sob stories after returning $95K Dai
On Nov. 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million. A number of individuals have received a portion of their stolen funds back, however, after pleading with the hacker using input data on the Ethereum blockchain.According to data
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