Euler announces 29 audit reports after $4M spent to shore up security
Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity.
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Kik Shutting Down Popular Messaging App Due to ICO Legal Battle
Disclaimer: This report previously stated that Kik was only considering shutting down its app and has been updated following new information from Kik.The Canadian social media and messaging app company Kik is considering shutting down its popular Kik messaging app.70 reported layoffs at Kin subsidiary In a Sept. 23 article, Israeli tech publication CTech Calcalistit cites…

First cross-chain governance proposal passes on Aave
"It's a major step forward in multi-chain governance systems," said the team at Aave. 219 Total views 28 Total shares On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As…

Stablecoin bill faces several challenges — former Senator Pat Toomey
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow.

Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals
Bitcoin miner Riot Platforms is buying 66,560 Bitcoin mining rigs from manufacturer MicroBT, in one of its largest orders of hash-rate in the firm’s history — ahead of the Bitcoin halving scheduled for April 2024.The additional purchase agreement totaled $290.5 million, Riot stated in a Dec. 4 statement — meaning it paid an average of

North Korea Allegedly Backed Two Cryptocurrency Scams This Year
According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins.In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoin scams tied to…

Toyota to explore blockchain use cases via DAO hackathon
The automotive giant is exploring DAO tools and blockchain integration to improve company operations. 79 Total views 1 Total shares Own this piece of history Collect this article as an NFTAutomotive giant Toyota is delving deeper into blockchain use cases through its involvement with a Web3 hackathon for decentralized autonomous organization (DAO) developers.On Feb. 1,…

Gemini says no funds at Signature Bank backing GUSD
The company stated that it previously had a relationship with Signature but said it no longer has funds there. 108 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Gemini had no funds at Signature Bank, and its Gemini US Dollar (GUSD) stablecoin was not backed by…

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec
DeFi app Polter became the victim of a “classic” flash loan exploit, and a man was sentenced to 24 years for crashing a bank with a crypto scam.