defi
Compound has officially integrated with layer-2 network Base, using ETH and cbETH as collateral assets. Integration Details: * Lending Platform: Compound, a leading DeFi lending platform, is now available on Base, a layer-2 network developed by Coinbase. * Collateral Assets: Users can use Ethereum (ETH) and Coinbase's staked ETH (cbETH)
defi
On August 13, Wintermute announced a proposal to borrow YFI from Yearn Finance’s reserve fund. This proposal quickly garnered attention and sparked a debate within the DeFi community. Wintermute's Proposal Details: * Proposal: Titled "YFI Loan and CRV Plan by Wintermute," the proposal includes: * A loan
NFT & GameFi
Zynga, the renowned mobile game developer, is gearing up to launch its new Web3 game project, Sugartown. Zynga Prepares to Launch Web3 Game Sugartown Sugartown is a Web3 game that will allow players to use Ethereum tokens to access the game. To participate, players will need to stake tokens to
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The Federal Reserve's instant payment system, FedNow, has recently integrated Dropp, a micro-payment platform operating on the Hedera network. According to the announcement, Dropp serves as an alternative payment solution, facilitating transactions of small values at affordable fees. Currently, Dropp supports payments in HBAR, USD, and USDC. Today,
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The price volatility of the largest cryptocurrency by market cap, BTC, has tightened around $29,000, reaching its lowest levels in history over the past 30 days. Bitcoin Price Volatility Hits Record Lows According to data from The Block, BTC has exhibited notably subdued movement, with a volatility measure of
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Binance has decided to delist the final trading pair SRM/BUSD, marking the end of an era for the once-prominent project within the Solana ecosystem. Serum, once a celebrated DEX platform, had already admitted to being "inactive" since late November 2022, leaving the community deeply nostalgic. The project
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After a period of anticipation and self-reflection, Sei Network has finally announced the tokenomics for its project. Sei Network (SEI) Unveils Tokenomics, Boosts Airdrop Allocation Amid the spotlight on two projects set to list on Binance tonight (15/08), Sei has just released its tokenomics. Token Utility of SEI Transaction
defi
Following the LeetSwap incident, RocketSwap on Base has now fallen victim to a hack, with the extent of the damage still unknown. Incident Details: * Attack Confirmation: This morning (15/8), it was confirmed that the token swapping platform RocketSwap was hacked on Base. The hacker used a Brute Force method,
NFT & GameFi
The world-renowned beverage brand Coca-Cola has chosen Base as its next blockchain platform for a limited-edition NFT series. Coca-Cola Releases NFTs on Layer-2 Base Continuing the “Onchain Summer” events celebrating the launch of Base’s mainnet, this layer-2 blockchain has partnered with Coca-Cola to unveil a limited-edition NFT collection. Named
NFT & GameFi
DeGods has announced it will streamline its NFT collection to its most basic and essential form, removing unnecessary details and embellishments. DeGods Simplifies NFT Collection in Season III According to a release posted on August 14, the renowned NFT collection DeGods has unveiled Season III of its project, featuring an
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The amount of ETH burned through the EIP-1559 mechanism has dropped to its lowest point in 2023, indicating a significant slowdown in Ethereum network activities. According to data from The Block, on August 12th, the amount of ETH burned was 570.54 ETH, the lowest since 2023 began. The closest
defi
The zStables pool (ZUSD, ZETH) of Zunami Protocol has been attacked on Curve, with estimated losses of around $2.1 million. Attack Details: * Confirmation: Zunami Protocol confirmed that its zStables pool on Curve Finance was compromised. Security firm PeckShield first reported the attack, estimating that over $2.1 million was