Uranium Finance, an automated market maker on Binance Smart Chain, suffered its second hack this month, this time to the tune of $50M. The hack is due to a misstep in code modification which allowed the hacker to exchange one unit of an input token for 98% of the value as output according to Kyle…

As coronavirus cases spiked to over 300K new cases per day in India, the co-founder of Layer 2 solution Polygon, Sandeep Nailwal, tweeted on April 24 that he “can’t take this sitting down anymore,” and started the India Covid Crypto Relief Fund, which has raised over $3M as of April 27. The donated funds span…

ETH is breaking new all-time highs of just under $2,800 on Thursday, and the breathtaking rally from $200 a year ago is coming with a boom in users. MetaMask said it has surpassed the 5M monthly active users milestone, while a popular Dune Analytics dashboard shows DeFi users just recently climbed above 2M for the…

1Inch released 1Inch Wallet, a non-custodial DeFi wallet for IOS yesterday. At launch, 1Inch Wallet’s features primarily revolve around swaps, with plans to introduce staking, governance, and liquidity pools in the future. 1Inch Wallet offers IOS users the same settings and aggregation functionality as the 1Inch dapp for both Ethereum and Binance Smart Chain, and…

Binance is planning to launch an NFT marketplace and trading platform in June, the exchange said in a post. Binance NFT aims to offer high liquidity and low fees for NFT transactions. The two main venues available at launch will be a “Premium Events” category for exclusive artist collaborations and exhibitions, and a “Trading Market”…

Polygon’s token is rising the most among all cryptocurrencies in the past 24 hours, while assets in its networks spike. The activity is a sign an increasing number of users are betting the project will become a leading Ethereum scaling solution.  Polygon’s MATIC token is up more than 30% just in the past day, the…

Yearn Finance said in its second-ever quarterly report, and first using the EBITDA accounting metric, that earnings in Q1 2021 were up 32% of all 2020 earnings, a period which spanned the five months since the protocol’s inception last year. The report offers a glimpse into the business model of a DeFi project that’s not…

European Investment Bank (EIB), the publicly owned lending arm of the European Union, sold a 100M euro bonds registered on the Ethereum blockchain. This marks the EIB’s first blockchain bond sale.  The 2-year digital bonds will be registered in the Ethereum blockchain after pricing on Tuesday, and will have a zero percent coupon, as reported…

Recently multiple images of a pendant featuring NFT art were shared on Instagram and Twitter creating sizable buzz for Eduardo Jaramillo aka the NFT Jeweler. The jewelry piece, an iced out iWatch display on a gold chain, showed a series of images. In one sense it was a simple concept yet it also unofficially launched…