Tap Protocol delays TAP token distribution event
Tap Protocol has delayed its TAP token launch date from October 21, 2024 to October 23, 2024. TAP, with a total supply of 21 million, will go live on Bitcoin…
Mountain Protocol integrates Chainlink’s CCIP for USDM transfers
Mountain Protocol has integrated Chainlink’s cross-chain transfers technology. The cross-chain interoperability protocol, CCIP, will help USDM users transfer yield-bearing stablecoin across Ethereum, Base and other chains. Mountain Protocol has announced…
Binance-backed Solv Protocol introduces Bitcoin staking on Base with cbBTC token
Solv Protocol has launched Bitcoin staking for cbBTC holders on the Base network. cbBTC holders on the Solv protocol can mint SolvBTC and convert it to SolvBTC.BBN for Bitcoin staking…
Maker Protocol rebrands to Sky, Dai stablecoin rebranded to USDS
Maker Protocol rebrands to Sky, renaming Dai stablecoin as Sky Dollar (USDS). MKR governance token upgraded to Sky (SKY) with a 1:24,000 conversion rate. Maker SubDAOs rebranded as Sky Stars,…
What Is Solv Protocol and How to Earn Solv Points
How to Earn Solv Points Solv is a decentralized platform that enables bitcoin holders to put their BTC to work and earn yield through the Decentralized Bitcoin Reserve. Users can…
Self-custodial Bitcoin staking protocol Babylon announces mainnet
Babylon, the self-custodial Bitcoin staking protocol, will launch its mainnet on August 22, 2024. The launch brings a “third native use-case of Bitcoin” to users, adding staking to its store…
Investors get another shot at an L1 protocol as DTX’s presale approaches $1.5m
Key takeaways DTX Exchange is set to join a host of other layer-1 protocols in the Web3 ecosystem. The project raised nearly $1.5 million in its presale and will use…
DeFi Protocol Convergence hit by major hack, CVG token collapses
Decentralized governance hedge fund platform Convergence exploited. 58M CVG tokens minted and swapped. CVG token value plunged 99% from $0.12 to $0.0004 following the hack. On Thursday, the decentralized finance…
Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps
Hong Kong, Hong Kong, 25th July 2024, Chainwire The post Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community…
LiFi Protocol loses over $8M in a cyberattack
LiFi Protocol has been breached and $8M have been drained so far. Cyvers Alerts advises revoking approvals for 0x1231deb6f5749ef6ce6943a275a1d3e7486f4eae. Attackers are converting USDC and USDT to ETH, emphasizing DeFi security…