Ethereum layer-2 networks need “responsive pricing” to scale to billions of users and reduce the fee swings that still accompany congestion, Offchain Labs co-founder...
The company that built decentralized finance (DeFi) powerhouse Balancer is closing.Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated...
Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with...
Resolv Labs’ USR stablecoin plummeted after a private key exploit.The attacker minted 80 million USR tokens using less than $200,000 in collateral.Vault curators on...
An attacker has successfully exploited the Resolv USR stablecoin protocol, minting 80 million tokens and withdrawing at least $25 million before the depeg.An attacker...
In brief
Story Protocol developer PIP Labs has let go of several employees and contractors.
The reductions come as the firm explores opportunities associated with AI.
The...
A startup focused on expanding Bitcoin’s financial capabilities has raised fresh capital as interest grows in building more complex financial tools on...
OP Labs, the main developer firm supporting the Optimism ecosystem, has laid off 20 employees as part of an internal restructuring aimed at sharpening...
Tether’s investment arm has invested in Ark Labs, the developer of the programmable Bitcoin infrastructure Arkade, as part of a $5.2 million funding round...
The strategic investment is the latest in a string of Bitcoin infrastructure bets by the stablecoin giant.USDT issuer Tether has made a strategic investment...
