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Decentralized exchange (DEX) PancakeSwap has announced it will share trading fee revenue with users holding CAKE tokens. PancakeSwap to Share Trading Fee Revenue - CAKE Surges According to the official announcement, participants staking CAKE tokens will receive a portion of the trading fee revenue from PancakeSwap starting August 09. 🥞Introducing
NFT & GameFi
the security firm Peckshield reported that JPEG’d, an NFT lending project, suffered a significant hack resulting in losses of 6,106 WETH, valued at over $11 million. Initial analyses suggested the attack was executed via a read-only reentrancy vulnerability. This method involves repeatedly executing withdrawal commands before the oracle
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Despite being created less than 24 hours ago, liquidity pouring into the BALD memecoin on Coinbase's Layer-2 Base has surpassed $36 million. FOMO in BALD Memecoin on Coinbase’s Layer-2 Base Ends in Rug Pull Update on the evening of 31/07/2023: On the evening of 31/
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In a bid to help recover from a recent exploit, Curve Finance founder Michael Egorov has invested $1 million into Conic Finance. Curve Finance Founder Invests $1 Million in Conic to Aid Post-Exploit Recovery The team at Conic Finance announced the financial support from Michael Egorov on their Twitter account:
Big Cap
The weekly trading volume of AI tokens has hit its lowest since the beginning of the year, according to Kaiko Research. AI Token Sector Cools to Year's Lowest Levels Interest in AI tokens appears to be waning. According to Kaiko Research, trading activity in this sector is sharply
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Kannagi Finance, a liquidity aggregator on the zkSync Era platform, has reportedly executed a rug pull, absconding with $2.13 million in total value locked (TVL). Kannagi Finance on zkSync Rug Pulls Users, Steals $2.13 Million According to Wu Blockchain, Kannagi Finance has deleted its website and social media
NFT & GameFi
CyberKongz has recently unveiled its Genkai NFT collection on the Ronin Network and announced the development of a new game for this sidechain. There are also rumors suggesting that Sky Mavis is negotiating with Midway Games, the publisher of Mortal Kombat, to bring the fighting game to Ronin. Ronin Network’
Daily transactions on the Optimism layer-2 network have surpassed Arbitrum for the first time in six months, fueled by Worldcoin's influence. Thanks to Worldcoin, daily transactions on Optimism surpass Arbitrum According to data from Blockworks Research's Dune Analytics dashboard, daily transactions on the OP Mainnet (Optimism)
Big Cap
Less than a week remains until Litecoin (LTC) undergoes its halving event, reducing mining rewards by half. Litecoin (LTC) Prepares for Halving on August 3. Image: Bloomberg Litecoin's third-ever halving event is set to occur next week on August 3, 2023. Litecoin halving events occur every four years,
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Overview of the Proposal The new proposal, named "Enhanced DSR," was introduced by MakerDAO founder Rune Christensen in the forum. Here are the key points to avoid confusion and controversy: * Interest Rate Structure: The proposal does not fix the DAI interest rate at 8%. Instead, as users deposit
defi
After a unanimous vote in favor of the proposal to buy back PRT tokens from the market to transform into a "token-less" project, Parrot Protocol has begun the process of repurchasing PRT tokens over the next 8 weeks. Parrot Protocol to Start PRT Token Buyback Plan Next Week
Big Cap
In an interview with Decrypt, MetaMask's product manager revealed intriguing insights into the upcoming plans of the most popular crypto wallet application. MetaMask Aims to Support Multi-Blockchain, No Plans for Token Issuance During the EthCC 2023 event recently held in Paris, France, Lex Jupiter, MetaMask's product