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Solana-Based ARB Protocol Jumps 882%, Here's Why Its Growth Is Superficial

ARB Protocol, a Solana-based automated decentralized Arbitrage protocol, has charted a massive growth leap of 882% over the week-to-date (WTD) period. At the time of writing, the token is changing hands on exchanges at a price of $0.004165.Despite its impressive outlook, there are many indications…

This Is How A Hacker Stole Roughly $200 Million From Euler Finance, A DeFi Protocol

Euler Finance, a decentralized finance (DeFi) lending protocol on Ethereum, has lost approximately $200 million through a flash loan hack. This loss makes it the biggest DeFi hack in 2023.Euler Finance’s $200 Million ExploitOn Mar. 13, 2023, Euler Finance confirmed that it had suffered an attack, r…

Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol

A team of former Jane Street and PIMCO traders have raised $15 million to produce a proof-of-solvency protocol for centralized exchanges, stablecoin issuers and other asset managers in the crypto space, according to a press release from the team shown to Cointelegraph. Called “Proven,” the new prot…

Near Protocol Shifts To Become 'Blockchain Operating System'

Near Protocol, a sharded, proof-of-stake, layer-one blockchain, has announced that it is shifting to become what it calls a "Blockchain Operating System" or BOS. According to Near, this shift marks a significant turn to its focus on building user-centric experiences in the Web3 space.The change was…

Ordinals protocol will bring opportunities and hazards to Bitcoin network

The bull market from 2020 to 2021 can be said to be the bull market of smart contracts, and a large number of DAPPs are widely used. Although BTC is the largest asset in the cryptocurrency market, people pay more attention to its price. Outsiders only know BTC, not other encrypted assets. Most of the circle only focus on other encrypted assets, and there is less and less discussion compared with special currency. This article will answer for you.

NYU to launch Web3 learning workshop in partnership with Near Protocol

Education is a well-known barrier to entry for many when it comes to crypto and Web3 space. This is particularly true when understanding the underlying technology that powers these innovations. Joining in on the effort to spread crypto awareness, on Feb. 8, the New York University School of Profess…

How does DeFi survive blockchain protocols in a bear market?

The current bear market has hindered the growth of encrypted space, including DeFi. Many DeFi projects were eliminated in the financial downturn; However, some people with effective agreements are still in the game and may be more prosperous in the future. This article will answer for you.

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