SushiSwap (SUSHI) Explodes 30% Higher Amid Protocol Upgrades
After a rally in long-standing DeFi blue chips, newer tokens have begun to surge. SushiSwap’s SUSHI token is
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Protocol
Binance Introduces Unifi Protocol DAO (UNFI) as 8th Project on Binance Launchpool
Binance has highlighted that its users can stake their Ethereum, BNB, and BUSD in different pools of choice to earn new Unifi tokens.Cryptocurrency exchange Binance has today announced that it has introduced Unifi Protocol DAO (UNFI) on its Binance LaunchPool as its eighth project.According to Unifi Protocol’s white paper, the
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Akropolis DeFi protocol ‘paused’ as hackers get away with $2M in DAI
Hackers were reportedly able to exploit savings pools at Gibraltar-based decentralized finance protocol Akropolis, getting away with more than $2 million in stablecoins. The firm stated on Twitter on April 12 that it had identified a hack “executed across a body of smart contracts in the savings pools.” Akropolis said the
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Hard Protocol Introduced on Binance Launchpool as Its 7th Project
Hard/BTC, Hard/BUSD, Hard/BNB, Hard/USDT trading pair will soon be opened after the token will be listed into the innovation zone on November 6, 2020, at 6 AM (UTC). Binance has announced the introduction of Hard Protocol as the 7th project on the Binance Launchpool. The Launchpool platform was created by Binance
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‘Flash Loans’ Now Being Used to Manipulate Protocol Votes
Flash loans can be used for more than just siphoning funds out of poorly put-together decentralized finance (DeFi) protocols.That’s one lesson investors can learn from Israel-based startup BProtocol’s manipulation of flash loans to sway election results on DeFi legacy project MakerDAO earlier this week.According to the MakerDAO community forum, on
Read MoreBinance VC arm leads $1.3M raise for decentralized streaming protocol
Binance, the world’s largest cryptocurrency exchange, is funding a major decentralized audio streaming service through its investment and incubation arm.According to an Oct. 23 announcement, Binance Labs led a $1.25 million extension round for Audius, a blockchain-enabled streaming service that connects music fans with artists.The latest investment round follows a
Read MoreTelecoms protocol from 1975 exploited to target 20 crypto executives
Hackers compromised the Telegram messenger and email accounts of multiple cryptocurrency executives last month by exploiting a vulnerability in a decades old protocol. The fraudsters are believed to have been trying to intercept two-factor authentication codes of victims in an attack on Israel-based telecommunications provider Partner Communications Company, formerly known as
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Travel Rule Protocol (TRP) Working Group Unveils Crypto AML Tools
The Travel Rule Protocol working group’s solution uses two simple RESTful APIs designed for querying address ownership and sending required originator and beneficiary information about digital asset transfers.The Travel Rule Protocol (TRP), a working group backed by Standard Chartered, Fidelity, ING, and about 22 other firms involved in cryptocurrency transactions
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Introducing UNI: The Uniswap Protocol token
Since its inception, the Uniswap Protocol (”Uniswap”) has served as trustless and highly decentralized financial infrastructure.Inspired by Ethereum’s vision, we have long committed to the ideals of permissionless access, security, and immutability, all indespensable components for a future where anyone in the world can access financial services without fear of
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Ocean Protocol Hard Fork Freezes Funds From KuCoin Hack
Artificial intelligence and data service Ocean Protocol has suspended its old contract on the Ethereum blockchain and hard-forked its project, following the $150 million KuCoin hack.On Sunday at 22:00 UTC, Ocean Protocol announced it had migrated from its old token address to a new one to thwart the KuCoin hacker’s
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