The team behind the Harmony protocol has announced a potential reimbursement plan for victims of the Horizon bridge hack that includes minting over 2 billion ONE tokens. The community has presented two reimbursement options: a […]
Decentralized compute power is needed. Currently, major centralized public cloud providers operate an oligopoly, making it a prime target for censorship and surveillance, says Dr. Max Li, CEO of Computecoin, and adjunct professor at Columbia […]
A malicious actor siphoned $6 million from music platform Audius through the platform’s decentralized governance system. The hacker created a malicious proposal requesting the transfer of 18 million AUDIO tokens from the community treasury, an […]
Key Takeaways The Lido development team has announced plans to expand the protocol across various Ethereum Layer 2 scaling solutions. It will initially aim make a wrapped, non-rebasing version of stETH available across the DeFi […]
Key Takeaways Polygon has announced its first fully Ethereum-compatible Layer 2 network, Polygon zkEVM. Polygon zkEVM will use Zero-Knowledge Rollups to offer lower transaction fees than Ethereum mainnet. The Layer 2 network will be compatible […]
BNB Chain’s dApp platform DappBay will help users assess projects before investing in them. BNB Chain on Thursday announced the launch of a new decentralised applications (dApps) platform, designed to offer a scam alert to users […]
Ethereum co-founder Vitalik Buterin lashed out at PoW proponents claiming Ethereum is proof-of-stake because of voters changing the protocol. Buterin challenged a claim by Bitcoiner Nick Payton on Twitter that changes to the Ethereum protocol […]
Crypto miners in Texas shut down their operations ahead of a heat wave many anticipate will test the limits of the state’s power infrastructure. The request to shut down came from the nonprofit Electric Reliability […]
Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The NFTs will have a total supply in the “tens of thousands” and have utility on the Reddit site. Several other major […]
Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers who provide collateral and earn […]
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