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Ethereum-Based DeFi Protocol BeanStalk Loses Over $180 Million in Latest Exploit

The latest decentralized finance (DeFi) exploit has seen stablecoin protocol Beanstalk crash to zero while losing over $182 million in reserves. According to blockchain security firm PeckShield, a hacker was able to execute a flash loan attack through Aave to buy an artificial amount of BEAN tokens. After creating a fake BIP-18 to mint an […]

Multi-chain Swap the Future of DeFi?

Rubic.exchange has built a ready-to-use multichain swap protocol to save cryptocurrency users time, money, and anxiety for DeFi transactions. In doing so, Rubic hopes to further the adoption of decentralised finance on an industry-wide scale; they have already integrated eleven of the top DeFi networks into their own solution to perhaps the sector’s most pressing […]

Safe Crypto Lending Platform? What We Know!!

If you hold crypto, and if I were a betting man, I would bet that you are likely holding your crypto in one of two places. It’s either on the exchange where you bought it (naughty!) or, if you’re someone who likes security, maybe you’ve transferred it to a wallet. Hopefully, a cold storage hardware wallet for […]

Axie’s Ronin Network Suffers Massive $600 Million Hack: Investigation Ongoing

Axie Infinity sidechain Ronin Network has suffered a hack that has so far resulted in the loss of 173,600 Ethereum and 25 million USDC, currently worth about $625 million. Ronin was built specifically to be a scaling solution to enable cheaper fees and faster transactions for Axie Infinity.  “There has been a security breach on […]

Nexo Lending Review: Worth It? What You NEED To Know

Nexo is one of the world’s leading crypto lending and borrowing platforms with a large global user base and a strong presence in Europe. Nexo is considered one of the “big 3” lending platforms alongside BlockFi and Celsius and has a positive reputation within the crypto and FinTech communities. Nexo has evolved into so much […]

Zilliqa Skyrockets 117% On New Metaverse Partnership

Zilliqa (ZIL) has pulled off a remarkable rally, presumably triggered by the project’s partnership with prominent voice and video engagement application Agora. In a press release on the 25th, Metapois, the Zilliqa-powered metaverse, announced the partnership and revealed plans to launch publicly on April 2. According to the company, Metapolis is the world’s first “metaverse […]

Oil Giant Exxon Experimenting With New Crypto Mining Operations: Report

Exxon Mobil, one of the largest publicly-traded oil and gas companies in the world is experimenting with using waste energy for mining crypto. According to a report from Bloomberg, Exxon is running a pilot program in North Dakota to harness excess natural gas that would have otherwise been burnt off, to power crypto mining operations. […]

Is THIS the Metaverse Game Everyone Wants?

Star Atlas is a next-generation metaverse project built on the Solana network and is one of the most ambitious projects in the gaming and metaverse scene that I have ever seen. Star Atlas is more than just a blockchain gaming metaverse; it is an entirely new, fully immersive virtual solar system with multi-dimensional play to earn […]

Bank for International Settlements Partners With Four Central Banks to Develop CBDC

The Bank for International Settlements (BIS) is partnering with central banks from Australia, Malaysia, South Africa, and Singapore to lay down the blueprints for a new global settlement system. According to an executive summary from the BIS, the initiative called “Project Dunbar,” aims to explore how a common platform for multiple central bank digital currencies […]

GameStop Launches NFT Marketplace on Loopring (LRC)

GameStop has launched a beta version of its highly anticipated non-fungible token (NFT) marketplace on the Loopring (LRC) blockchain, sending LRC parabolic in the process. First announced last year, GameStop aims to bring fast, cheap, and secure NFT trading to the masses, addressing the issue of most regular developers and gamers being priced out of […]