Tag: Decentralized finance
Dough Finance Flash Loan Attack: A CoinJournal Analysis
A recent flash loan attack on Dough Finance has left many users reeling after approximately $1.8 million was stolen from the platform. The attack, detected by Cyvers on June 12, 2024, highlighted some security...
Bitget Wallet Launches Industry’s First MPC Wallet for TON Mainnet
Bitget Wallet, an innovative Web3 wallet solution in the TON ecosystem, has recently launched the industry's first MPC wallet designed to support the TON mainnet. This new development comes at a time when Telegram...
stUSDT Security Audit Report by ChainSecurity and Whitepaper Analysis
Singapore-based stUSDT recently announced a significant milestone in its security efforts by partnering with ChainSecurity, a reputable security audit firm. ChainSecurity conducted a thorough audit of stUSDT's smart contracts, and the audit report, along...
Gasless Stablecoin Transfers by Tron: Q4 Development Update
Tron founder Justin Sun recently announced plans to develop gasless stablecoin transfers by the fourth quarter of 2024. This new mechanism would allow the cost of the transfer to be covered by the stablecoins...
HOPPY Price Prediction: Tequila (JULIO) Solana Meme Coin Launch – CoinJournal
Meme coins have been gaining popularity in the cryptocurrency space due to their rapid price movements and speculative potential. One such coin that has been grabbing attention is HOPPY, which has seen an impressive...
ZKsync Introduces Elastic Chain Network of ZK Chains for Efficient Transactions
ZKsync recently made an important upgrade that transformed its Ethereum bridge into a shared router to support a network of interoperable ZK chains. This new development, known as ZKsync 3.0, now allows for multichain...
Unlocking New Potential: Curve Finance’s crvUSD Fee Switch
Curve Finance recently made a significant move by implementing a fee switch for its crvUSD stablecoin, aiming to boost adoption and engagement within its ecosystem. The decision came after the stablecoin faced challenges in...
SEC Concludes Investigation into ConsenSys, No Legal Action Taken
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into ConsenSys, a prominent technology incubator company known for products like the MetaMask wallet. The SEC informed ConsenSys' lawyers that it is not...
Osmosis DAO Supports Zero-Fee Bitcoin Bridge to Cosmos Network
Osmosis DAO, a Decentralized Autonomous Organization, has shown its support for a proposal to implement a zero-fee Bitcoin bridge to the Cosmos ecosystem through Nomic. This initiative has garnered a significant amount of community...
Long-Tail Crypto Trends: A Comprehensive Guide for Disruption
The crypto market in 2024 has seen a new cycle of adoption kick off, driven by the approval of Bitcoin ETFs and strong price momentum that propelled bitcoin to a new all-time high. This...
