Tag: chain

Bridge attacks will still pose major challenge for DeFi in 2023: Security experts

Security has been a critical challenge for decentralized finance (DeFi) and its evolution. Between 2020 and 2022, hackers stole over $2.5 billion through vulnerabilities on cross-chain bridges, Token Terminal data shows. Compared to other security breaches, this is a substantial amount. Issues with bridges have a root cause: All of them have an “inherent vulnerability,” Theo […]

Serum exchange rendered ‘defunct’ following the collapse of Alameda and FTX

The Solana-based decentralized exchange (DEX) has notified its community that the collapse of its backers — Alameda and FTX — has rendered its program “defunct”.  The team behind the project shared that “there is hope”, in spite of its ongoing challenges, because of the community option available to “fork” Serum.  What’s next for @ProjectSerum With […]

Polkadot incentivizes its community to fight scams through an “anti-scam bounty”

Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams.  According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding its ecosystem. To incentivize the members of its community to continue to do the work, […]

Casper Association launches $25M grant to support developers on its blockchain

Scalable blockchain network Casper announced the launch of its new Casper Accelerate Grant Program on Nov. 23, created to support developers and innovators who are building apps to support infrastructure, end-user applications, and research innovation on its blockchain. JUST IN from @nextblockexpo: We’re glad to announce the launch of a $25M Casper Accelerate Grant Program. This […]

Steph Curry files trademark for the ‘Curryverse’ where players earn NFTs

National Basketball League (NBA) megastar Steph Curry looks set to introduce his own version of the Metaverse to NBA’s 650 million fans — filing a “Curryverse” trademark application on Oct. 26.  If approved, the United States-based trademark application, filed by SC30 Inc. will grant the four-time NBA champion exclusive rights for “entertainment services, namely, personal and virtual […]