https://www.theblock.co/post/266735/jito-token-witnesses-1-1-billion-of-trading-volume-in-first-day
The governance token of the Solana-based liquid staking protocol Jito crossed a trading volume of $1.1 billion within a day of going live.
Author: Vishal Chawla
Starknet Foundation plans to distribute 1.8 billion tokens as rewards, transaction rebates
The Starknet Foundation plans to distribute 1.8 billion tokens as user rewards and network rebates, with precise details still to come.
Coinbase-backed Xion rolls out testnet based on ‘generalized abstraction’
https://www.theblock.co/post/266522/xion-testnet-rollout
The Xion testnet focuses on “generalized abstraction,” an infrastructure solution aimed at removing complexities.
Zero-knowledge platform Sindri closes $5 million seed round led by CoinFund
https://www.theblock.co/post/266492/sindri-seed-round-coinfund?utm_source=rss&utm_medium=rss
Sindri, a zero-knowledge infrastructure platform, secured $5 million in a seed round led by CoinFund.
Binance to compensate traders who mistakenly bought a rally in AEUR stablecoin
Binance announced a compensation plan for traders that bought the AEUR stablecoin’s unexpected price surge.
Cosmos project Neutron acquires 25% stake in CosmWasm developer Confio
https://www.theblock.co/post/266031/cosmos-neutron-cosmwasm-confio?utm_source=rss&utm_medium=rss
The deal aims to increase the adoption of CosmWasm, and align Neutron and Confio’s development strategies.
Coinbase NFT and OpenSea respond after Thirdweb vulnerability disclosure
The vulnerability specifically targets pre-built smart contracts provided by Thirdweb, affecting multiple NFT collections.
Mantle rolls out liquid staking protocol on Ethereum mainnet
DAO-led blockchain developer Mantle has launched a liquid staking protocol on the Ethereum mainnet.
Osmosis and UX Chain propose merger within Cosmos ecosystem
https://www.theblock.co/post/265824/osmosis-ux-chain-merger-cosmos?utm_source=rss&utm_medium=rss
The merger proposal includes integrating UX Chain’s lending logic with Osmosis’ decentralized exchange to form a comprehensive DeFi hub.
Reddit’s r/cryptocurrency subreddit relinquishes control of Moons token contract
The moderators of Reddit’s r/cryptocurrency gave up administrative ownership of the contract powering its cryptocurrency called Moons.
Starknet Foundation confirms screenshots showing draft airdrop plans, says snapshot already taken
The foundation said the screenshots show draft plans still under development and that it will share the final critera when it is ready.
Sei blockchain to add Ethereum Virtual Machine support in V2 upgrade
The planned V2 upgrade will allow developers to port over Ethereum-based contracts to the Sei network and use them on it.
Velodrome, Aerodrome hit by attack on front-end websites
https://www.theblock.co/post/265104/velodrome-aerodrome-hit-by-attack-on-front-end-websites
Decentralized exchanges Velodrome and Aerodrome warned users that their websites have been compromised.
KyberSwap recovers $4.7 million after exploit
https://www.theblock.co/post/264756/kyberswap-recovers-4-7-million-after-exploit
Decentralized exchange protocol KyberSwap has recovered approximately $4.67 million in funds following a recent security attack.
Cosmos founder to airdrop forked ATOM1 tokens to voters against reducing Hub inflation
Jae Kwon, co-founder of Cosmos, is initiating a fork of the Cosmos Hub after a proposal was passed to place a 10% cap on Atom’s inflation.
KyberSwap offers 10% bounty to hacker following $47 million exploit
Decentralized exchange protocol KyberSwap offered a 10% bounty to the hacker who executed an exploit leading to the $47 million loss.
Lido node operator InfStones agrees to rotate validator keys after vulnerability disclosure
Lido operator InfStones is expected to take precautionary measures after disclosing a vulnerability that could have impacted its staked ETH.
Vega Protocol unveils decentralized perpetuals on Layer 1 blockchain
Vega Protocol aims to position itself as a competitor against popular decentralized perpetual projects like dYdX, Synthetix and GMX.
Evmos plans to use native Cosmos assets as ERC-20 tokens via EVM Extension software
Evmos will utilize its EVM Extensions software module to introduce ERC-20 compatibility for Cosmos tokens, focusing on EVM support.
EigenLayer to enable staking with operators of data availability layer in H1 2024
Ethereum re-staking protocol EigenLayer outlined its schedule to initiate the second phase of its mainnet in the first half of 2024.
Jupiter unveils airdrop to over 950,000 wallets on Solana
https://www.theblock.co/post/263283/jupiter-airdrop-solana-wallets?utm_source=rss&utm_medium=rss
The first phase of the airdrop will give one billion tokens to eligible Jupiter users with a minimum of $1,000 swap volume.
Minting of Ordinals-like tokens causes big surge in Polygon transaction fees
Transaction fees on the Polygon network temporarily surged to record highs before settling down earlier today.
Union Labs raises $4 million to develop cross-chain bridge enabled by ZK proofs
Union Labs raised $4 million in seed funding to build a bridge connecting different Layer 1 and Layer 2 networks with zero-knowledge proofs.
Ondo unveils bridge to move treasuries-backed USDY stablecoin across chains
The Ondo bridge has been designed to support the issuance of native tokens, including USDY, on networks that Axelar supports.
Aave v3 markets resume normal operations after security scare
https://www.theblock.co/post/262757/aave-v3-markets-resume-normal-operations-after-security-scare
Aave v3 markets have returned to normal operations after they were paused due to a security vulnerability.
Uniswap’s cumulative front-end fees exceed $1 million within a month
Uniswap Labs introduced a 0.15% fee in mid-October that applies to web interface and wallet app transactions.
Flashbots co-founder unveils Telegram trading bot ‘Alfred’
Stephane Gosselin, who formerly co-founded Flashbots, has released a Telegram bot for executing tokens swaps on Ethereum.
Justin Sun’s crypto exchange Poloniex seemingly hit by hack for over $100 million
Centralized crypto exchange Poloniex appears to have suffered a security hack on one of its wallets, tagged as Poloniex 4 on Etherscan.
MakerDAO unveils token airdrop for Spark lending protocol
https://www.theblock.co/post/244074/makerdao-token-airdrop-spark
MakerDAO’s founder announced an airdrop for Spark Protocol’s governance token — outlining the distribution of two billion SPK over 10 years.
Coinbase’s Base mainnet officially opens to the general public
https://www.theblock.co/post/243899/base-mainnet-onchain-summer
Base’s wider network launch follows its testnet debut in February and the subsequent developer-only release in July