Balancer’s $70 million breach exposes DeFi’s fragile foundation
The moved assets included StakeWise Staked Ether (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH). In September 2023, Balancer suffered a phishing attack that resulted in a loss of about…
Jiuzi Holdings taps SOLV Foundation for its $1B Bitcoin investment plan
Jiuzi commits up to $1B and 10,000 BTC to SOLV’s DeFi yield platform. The partnership bridges TradFi compliance with DeFi Bitcoin finance. JZXN shares have surged over 17% following the…
Ethereum Foundation launches institutional portal to boost enterprise adoption
“Ethereum for Institutions” helps businesses integrate with the Ether ecosystem. The new platform showcases Ethereum’s role in DeFi, L2 scaling, and RWAs. ETH eyes rebounds as whales accumulate. The Ethereum…
Uniswap Foundation (UNI) awards Brevis $9M grant to accelerate V4 adoption
Brevis will develop a trustless rebate system for routers that integrate v4 hooked pools. The initiative will verify rebates automatically without centralized supervision. The program aims to supercharge Uniswap v4…
SIGN price soars 11% as Sign Foundation completes $12M token buyback
Sign Foundation has wrapped its first buyback of SIGN coins. It acquired $8M via the open market and $4M through private settlements. SIGN has gained 11% in the past day…
POL price surges as Sandeep Nailwal assumes Polygon Foundation CEO role
Polygon token POL (formerly MATIC) price rose to highs of $0.24 on Wednesday. Gains came as Polygon co-founder Nailwal Sandeep announced he had taken control as the new Polygon Foundation…
Libre and the TON Foundation to launch a $500M Telegram Bond Fund
Libre and TON Foundation will launch a $500M Telegram Bond Fund on the TON blockchain The tokenised bond fund offers accredited investors on-chain access to Telegram’s institutional-grade bond yields. Tokenised…
TON Foundation plans US expansion
TON Foundation seeks US expansion amid growing crypto-friendly environment. In the crypto market, Telegram-related blockchain project is powered by the Toncoin (TON) token. Telegram related blockchain platform The Open Network…
Avalanche Foundation launches Avalanche Card, a Visa crypto spending card
The Avalanche Foundation has launched the Avalanche Card, a Visa crypto card. The Visa card links to a self-custody wallet and supports various cryptocurrencies. Initially available in Latin America and…
Ethereum Foundation sells 300 ETH as price hits $2.5k
The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On September 20, the non-profit sold 300 ETH for over $760,000…