Web3 Milestone Halliday Secures $20M
@Halliday secures $20M in Series A funding led by @a16zcrypto to enhance smart contract development and expand its team. #Update #Crypto (+6) ↗
Protocol
IP Token Launch by Story Protocol
Hodl.Press: @StoryProtocol launches IP token to decentralize intellectual property, with 58.4% of 1 billion tokens for community distribution, following $80M funding led by Andreessen Horowitz. #Update #Crypto $IP (+6) ↗
DeFi Milestone EVAA Raises 2.5M
@EvaaProtocol secures $2.5M to launch its token and expand DeFi services on the TON network with support from Polymorphic, TON Ventures, and Animoca Brands, marking a significant milestone for the ecosystem. #Update #Crypto (+6) ↗
Revenue Strategy: Activating Post-Depeg Protocol
@UsualProtocol introduces a revenue-sharing model to stabilize its ecosystem after USD0++ depegged from $1, aiming to restore confidence among users and investors. #Update #Crypto $USD0++ (+3) →
DeSci Revolution Bio Protocol Arthur Hayes
@BitMEX co-founder Arthur Hayes predicts $BIO will redefine #DeSci, sparking optimism as @Binance and Gate list the token. BIO price rises 11% to $0.8774 amid major exchange support and Hayes’s bullish outlook. • #Update • #Crypto • $BIO • (+6)
Crypto Revolutionizes IP with Story Protocol
@StoryProtocol introduces programmable IP to empower creators against AI disruption, promoting equitable wealth distribution in creative industries. #Update #Crypto @StoryProtocol **↗** (+4)
Crypto Hack: Moonwell Loses $320K
@MoonwellFi suffers a $320,000 exploit through a flash loan attack on its smart contracts linked to lending pools on the Optimism network. This breach highlights vulnerabilities in DeFi and echoes a 21% increase in crypto thefts totaling $2.2 billion in 2024. #Crypto @MoonwellFi ↘ (-3)
Crypto Milestone: KIP Protocol TGE Date
KIP Protocol’s TGE launches December 10, 2024, with a $100M valuation. Backed by Animoca Ventures and Tribe Capital, it partners with Open Campus and others, aiming to decentralize AI monetization. #Update
Finance News: Cega Protocol Shutdown Announced
Cega Finance waves goodbye as a DeFi competitor takes over! ? Funds are safe until 2024, but no new deposits after Nov 27. What’s next for the team? Stay tuned for future DeFi innovations! #DeFi #Humor
Ethena Protocol: Wintermute Proposes Fee Switch
Wintermute proposes a fee switch for $ENA, boosting transparency in Ethena’s revenue distribution. The plan could reshape Ethena’s ecosystem, setting a standard for transparent revenue-sharing in decentralized finance. Community vote results may influence similar protocols.
TRON Protocol Revenue Hits Record High
TRON’s Q3 2024 revenue hits $151.2M, surging 29% from Q2. Market cap up 24%, DeFi TVL rises 4%, and DEX volume skyrockets 150%. USDT on TRON reaches $58.94B, hosting over half of all USDT in circulation.
Crypto Hack: Radiant Capital Loses $50M
Radiant Capital loses $50M in a crypto hack, affecting Binance Chain and Arbitrum. Mishap with a phishing link underscores the need for stronger DeFi security. #Update
Crypto Hack: DeltaPrime Loses $5.9M
DeltaPrime liquidity protocol lost $5.9M in a sophisticated hack, compromising DPUSDC, DPARB, and DPBTCb pools on Arbitrum. Security experts suspect North Korean hackers using forged documents. Estimated losses could reach $7M, highlighting crypto vulnerabilities.
Hacker Lauds $197M Penpie Breach
Penpie protocol loses $27M in Ethereum and stablecoins; $197M Euler Finance hacker praises Penpie hacker for keeping the assets. Stolen funds partially laundered through Tornado Cash, highlighting urgent need for enhanced DeFi security measures.