Tag: Protocol

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Balancer Labs Shuts Down, Protocol to Continue

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 Pauses Protocol After $23M Exploit Triggers USR Stablecoin Depeg

Resolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of...

NEAR Protocol (NEAR) drops 3.3%, leading index lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading...

Tempo Goes Live on Mainnet, Unveils Machine Payments Protocol with Stripe

The payments-focused L1 launches with a slew of fintech and TradFi partners, while MPP is aimed at enabling agentic commerce.Payments-focused blockchain Tempo, developed by...

Stripe-led payments blockchain Tempo goes live with AI agent protocol

Tempo, the payments-focused blockchain developed by payments giant Stripe and crypto investment firm Paradigm, launched its mainnet on Wednesday, bringing its stablecoin payment system...

Venus Protocol exploited for $3.7M through supply cap manipulation: On-chain analysis

A threat actor bypassed Venus Protocol's supply caps using Thena tokens to borrow multiple assets in what analysts suspect was a flash loan or...

Venus Protocol Hit by Code Exploit, Causing Over $3.7 Million In Losses

Venus Protocol, a decentralized lending and borrowing platform, said on Sunday it had detected suspicious trading activity in the liquidity pool for the Thena...

Suspected $3.7M Exploit Hits Venus Protocol After Attacker Uses Illiquid Token as Collateral

Venus Protocol, a decentralized finance ( DeFi) lending platform on BNB Chain, is investigating unusual activity after an address allegedly used the illiquid $THE...

PIP Labs Sheds Staff as Story Protocol Leans Into AI

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...

Analysts Say the Next Altcoin Cycle Could Be Led by This New Crypto Protocol

Share Share Share Share Email The next crypto chapter of the digital asset market is beginning to take shape. While the previous bull runs were defined by social media...

Crypto Trader Loses Nearly $50M in Aave Trade, Protocol Offers $600K Fee Refund

In brief A trader swapping $50 million in USDT for AAVE received only 324 tokens after confirming a slippage warning. At AAVE’s current price of $111.52,...

Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet

Since the emergence of ChatGPT and chatbots, the artificial intelligence (AI) hype has evolved into "agentic payments," billed as the next wave of internet...