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NFTs unlock physical biodegradable vinyl records

Hype around nonfungible tokens (NFTs) has cooled down, however innovative use cases for these digital assets continue to appear on the scene. Particularly in the music industry, which has been fertile soil for use cases of emerging Web3 tools in recent years. On April 5th the DJ, producer and eco-w…

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…

ApeCoin (APE) Tanks 10% Following $40M Token Unlock

The latest crypto project to unlock a batch of tokens is ApeCoin. As predicted, its native coin APE has seen prices plummet in response.On Feb. 16, the nonfungible token (NFT) Bored Ape Yacht Club (BAYC) platform ApeCoin released 7.3 million APE coins on the market.At the time of the unlock, the co…

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.

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The year 2022 is coming to an end. Looking back on the ups and downs of the industry this year has become a historical footnote to the development of the industry, whether it is technological breakthrough, application innovation or ecological rise and fall. After two years of technology iteration and application innovation in 2020 and 2021, the development of the blockchain industry in 2022 also presents a different picture. This article will answer for you.