Largest crypto bug bounty to date, surpassing Uniswap’s $15.5 million. Usual has undergone 20 security audits, all finding no major flaws. Other protocols lag behind, with max bounties at $2 million so far. Stablecoin protocol […]
Key Takeaways Polkadot has launched XCM, a “Cross-Consensus Messaging” format allowing communication between the network’s various parachains. With XCM’s integration, Polkadot is finally delivering on its promise of becoming a fully interoperable multi-chain ecosystem. The […]
Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST losing its peg to the dollar, LUNA has entered a death spiral. It broke below […]
Key Takeaways Aave Companies has launched its social media tech stack, Lens Protocol. Users can now mint a Lens Profile NFT and start interacting with more than 50 applications built on Lens. Decentralized social media […]
Key Takeaways Preston Van Loon has told Permissionless conference attendees that the Ethereum Merge could happen as soon as August. Van Loon said there was a “strong desire” to have the Merge occur before the […]
Key Takeaways The world’s largest video game retailer, GameStop, has launched a non-custodial Ethereum wallet. The wallet will let gamers and other users store, send, receive and use NFTs and other cryptocurrencies. It will also […]
Key Takeaways Uniswap has surpassed $1 trillion in cumulative trading volume. Three and a half years after its launch, Uniswap is still one of the top protocols in DeFi. Impressive volume and total value locked […]
Key Takeaways Avalanche has submitted a proposal to the ApeCoin DAO offering to help it move its Otherside Metaverse on its own custom Subnet. According to Avalanche, moving Otherside to an Avalanche Subnet would allow […]
Key Takeaways Jack Dorsey’s TBD has announced that it will build a decentralized web platform on top of Bitcoin called Web5. Whereas Ethereum and Web3 have focused on tokenization, Web5 will largely focus on identity […]
Shutterstock covers by JLStock and Min C. Chiu (edited by Mariia Kozyr) Key Takeaways Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited […]
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