Posted 1 minute ago In ~ The KyberSwap team announced that it will provide grants from the protocol treasury to victims of recent attacks, with the goal of providing financial relief.“As stated in our Terms of Use, we plan to issue subsidies to users from the KyberSwap Treasury to mitigate losses resulting from exploits,” KyberSwap said. X.Victims who lost funds due to the exploit will be provided with a grant from KyberSwap “up to the USD value of those funds at the time those funds were depleted from their respective liquidity pools,” the team added.KyberSwap is still working out the…
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AltLayer announced that it has added support for the DA layer of the NEAR protocol to its rollup product. AltLayer chose the NEAR integration because it facilitates transaction commitments on Ethereum L2. This allows users to securely send batch transaction commitments to smart contracts. NEAR’s DA layer also has a reputation for being economical and having a strong validator network. L2 solutions can be deployed in the most decentralized and cost-effective manner through the DA layer of the NEAR protocol. This development strengthens the case for the effectiveness and value of the NEAR protocol. The native token, NEAR, is heavily…
Governance members agreed that launching Goldfinch’s DeFi lending service on Coinbase’s decentralized network would be beneficial and help onboard more users. We’ve reached the community behind DeFi lender Goldfinch. quorum We deploy our protocol on Base, a layer 2 blockchain launched and supported by Coinbase, a major cryptocurrency exchange. Next, the project governance council will hold a soft vote before developers draft and audit the actual code for this update. Finally, the Council activates Goldfinch on Base by shipping the deployment smart contract code through a multi-signature wallet. The protocol’s native token, GFI, soared 14% on December 1 following the…
Crypto whales are attracting attention after going on a massive buying spree, purchasing more than $180 million worth of digital assets in a matter of days. According to blockchain tracking service Lookonchain, deep-pocketed investors scoop with a spoon Approximately $187 million worth of cryptocurrencies were traded in three days, including Bitcoin (BTC), Binance Coin (BNB), the native token of the Binance ecosystem, and Ethereum (ETH). “Whales appear to have accumulated approximately $187 million in assets on Binance, including 2380 BTC ($90.64 million) over the past three days. 172,000 BNB ($39.19 million) 16,300 ETH ($33.61 million) 200,000 SOL (USD 12.2 million)…
Who can participate? Whether you’re new to cryptocurrency or a seasoned veteran, this competition is open to anyone who qualifies. Kraken selects the winner of each competition round. Eligibility requirements for access to each tier are set forth below. To qualify you will need: Must be a resident of the United States, Latin America, Africa, Asia (excluding Japan), or Oceania². follow us Kraken, Kraken Pro and Kraken NFT X (Twitter) account — Note: Your X(Twitter) account must be at least 3 months old. Please repost this post. Agree to the Terms of Use. Take part in one or more of…
U.S. District Judge Robert Shelby has ruled against the Securities and Exchange Commission (SEC), hinting that sanctions could be imposed for allegedly deceptive statements in a legal action against Digital Licensing Inc., also known as cryptocurrency company DEBT Box. ) warned the lawyers.The SEC’s legal complaint, filed in federal court in Utah, alleged that DEBT Box defrauded investors of about $50 million through the sale of unregistered securities known as “node licenses.”Judge Shelby’s decision revealed notable inconsistencies in the SEC case. Initially, the SEC, led by attorney Michael Welsh, persuaded the court to freeze DEBT Box’s assets, arguing that the…
As the conflict between Gaza and Israel continues, the Israel Defense Forces (IDF) unveiled an AI-based target management system that was activated around the clock following Hamas’ surprise terrorist attack on Israel on October 7.The AI-enhanced system, whose name translates to “gospel,” quickly processes the latest information and generates recommendations for human analysts to review.“This is a plan to ensure that brigade and division echelons have full access to information and to immediately close the right of fire with the help of artificial intelligence systems,” an IDF spokesperson said in an interview published by Google.The IDF said the targeting system…
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Bitcoin (BTC) maintained momentum at $38,000 on November 29 as analysis warned of a market correction.BTC/USD 1-hour chart. Source: TradingViewBitcoin Meets Macro Data, Fed Powell at Key Price RangesData from Cointelegraph Markets Pro and TradingView shows that the BTC price trajectory continues to aim for a new 18-month high.The largest cryptocurrency surprised by holding higher as futures markets touched $39,000 after hitting current highs the previous day.Excitement over derivatives, which has already become the subject of controversy, has led some to warn that large traders could still hold on to late long positions.in Commentary Overnight, Keith Alan, co-founder of monitoring…
Amazon Web Services (AWS) announced a partnership with blockchain platform provider Avalanche (AWS) to expand blockchain solutions for enterprises and governments. This partnership will enable AWS customers to leverage Avalanche’s blockchain platform to build and deploy decentralized applications (dApps) capable of processing high-throughput transactions at scale. Exciting news for developers AWS and Avalanche will work together to create a fully managed, easy-to-use service that allows customers to build and deploy their own dApps without having to worry about the underlying infrastructure. This will make it easier for organizations to adopt blockchain technology, which can help increase transparency, security, and efficiency…