News

A recent hack on the Merlin DEX, a decentralized exchange operating on the zkSync layer 2 solutions, has resulted in a staggering loss of $1.82 million and drained liquidity provider funds. This unfortunate event was a result of hackers exploiting a vulnerability in the platform’s smart contract, allowing them to manipulate LP tokens and drain

Optimus AI, a decentralized cryptocurrency, is generating buzz as a promising and largest memecoin. Its rapidly growing community and ambitious development plans have garnered attention from investors, despite the inherent risks that come with meme coins. The token has managed to weather the storm in a volatile market, boasting a trading value of $0.39 and

Romania’s National Institute for Research and Development in Informatics (ICI Bucharest) is taking a bold step towards Web3 adoption with its latest project – an institutional NFT trading platform. The platform is set to bridge the gap between the public and private sectors by leveraging the power of Web3. With this launch, Romania is set

Visa is making a big move in the cryptocurrency world as it explores the potential of stablecoin payments.  Cuy Sheffield, Visa’s head of crypto, stated on Twitter on April 24 that the global payments technology corporation has been working on a new initiative. Sheffield described the upcoming crypto product as a tool to encourage the

Ordinals Finance, a DeFi protocol that enables inscription lending and borrowing on Ethereum, has come under fire for allegedly performing an exit scam. According to a press release by CertiK, a blockchain security company, the developer of the protocol reportedly withdrew 269 million OFI tokens from the smart contracts using the safuToken and ownerRewithdraw functions. 

TransUnion, one of the major credit agencies in the U.S, made an exciting announcement on April 20, revealing its plans to provide credit scoring to public blockchain networks. This will mark a significant development for Web3 and decentralized finance (DeFi) applications, which have previously been unable to access off-chain credit data. Through this new service,

Societe Generale, a French multinational bank, through its regulated subsidiary Societe Generale-FORGE, has taken a giant leap towards innovation with the launch of EUR CoinVertible, an Ethereum-based stablecoin designed to maintain a stable value in the Euro denomination. This marks a significant milestone in the company’s pursuit of transparent and secure initiatives in the digital

The world of decentralized wireless networks is evolving, and Helium Network is leading the race. After meticulous planning and development, Helium has finally migrated to the Solana blockchain, marking a major milestone in the company’s history. This upgrade will undoubtedly fuel Helium’s expansion and growth, as this move positions Helium as pushing the boundaries of

In an interesting development for the world of blockchain cybersecurity, the OpenZeppelin Defender smart contract security platform has joined forces with Coinbase’s Base network. “Base” is an Ethereum Layer 2 solution that offers a cost-effective and highly secure platform for building decentralized applications in the blockchain industry. This collaboration will therefore bring a range of

The National Commission of Value (CNV), the country’s securities regulator, has given the green light for the launch of Argentina’s very first regulated Bitcoin futures index. Set to make its debut on the prestigious Matba Rofex exchange, the Bitcoin (BTC) futures contract is scheduled to start trading in May. This groundbreaking development marks a major