Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
? On July 19, 2024, @RhoMarkets detected a $7.6M breach caused by unauthorized oracle access on the Scroll chain. Affected pools: $USDT, $USDC. Confirmed to be an MEV-bot misconfiguration, not a hack. Operations paused, funds to be returned. #CryptoSecurity
Telegram CEO @durov announces a mini app store to boost blockchain use in 2024, featuring an in-app browser with Web3 support and tools to combat crypto scams. $TON gaining traction with tap-to-earn games. #Update
RhoMarketsHQ on Scroll’s Ethereum Layer 2 suffered a $7.6M breach due to an oracle misconfiguration, affecting USDC and USDT pools. Operations were paused for investigation. The attacker offered to return funds if the issue was acknowledged as a system flaw. #DeFi #Update
LI FI cross-chain aggregator faced a $9.7M security breach, losing stablecoins like $USDC and $USDT. Users advised to revoke approvals. #DeFi security remains a critical concern.
Ukraine explores blockchain in government sector for land registry, customs, and real estate. Key projects include State Land Cadastre, Customs Service, and the e-hryvnia by @NBUkraine. Blockchain aims to prevent data manipulation and boost cybersecurity. #Blockchain #Update
Zeebit launches the first Web3 microgaming platform on @Solana’s Sonic SVM Layer 2, featuring provably fair casino and PVP games. Users can earn Zeebit points and Sonic rings during the testnet phase. #Web3Gaming
ZetaChain launches Gateway and Localnet to enhance cross-chain interactions, allowing seamless token transfers and smart contract calls across multiple networks, including Bitcoin. The update simplifies operations and improves scalability for developers and users. #BlockchainInteroperability #Update
Tencent leads $15M Series A for Chainbase, the largest omnichain data network for web3. Funds to enhance blockchain data intelligence, AI capabilities, and support 8,000+ projects. Mainnet launch planned with 4-layer dual consensus system. #Web3 #Blockchain #Update
Valour, a subsidiary of @DeFiTech_, has launched the world’s first ETP for NEAR Protocol ($NEAR), available on Spotlight Stock Market. This move highlights the growing interest in #crypto assets. #Update
Grayscale Investments launched the Grayscale Decentralized AI Fund, focusing on blockchain-based AI projects. The fund holds NEAR and RNDR tokens, making up over 57% of its assets. It’s rebalanced quarterly and targets AI solutions like chatbots and neural networks. #Update #Blockchain #AI
BlackRock and tradfi giants drive blockchain innovation with asset tokenization. BlackRock’s $BUIDL on Ethereum surpasses $500M, marking a key milestone. Tokenization could hit $5 trillion by 2028, boosting liquidity and investment access. #Update #Blockchain
Cardano’s Node 9.0.0 launched, setting the stage for the Chang hard fork and on-chain governance via CIP-1694. This upgrade is crucial for decentralization and includes Delegate Representatives and on-chain voting. Exchanges and stake pools must update for the transition. #Cardano #Update
A Degen Chain user lost 90% of his assets, worth 785,000 DEGEN, due to slippage from low liquidity during a cross-chain transaction to Base. Full refunds and service improvements announced. #CryptoSafety #DEGEN
Le Poisson Rouge (@lprnyc) partners with KYD Labs to integrate Aptos blockchain, becoming the first major U.S. venue for on-chain ticketing. This 4-year deal enhances transparency, fan experience, and artist engagement. #Blockchain #Update
