Decentralized autonomous organization BadgerDAO recently suffered a major exploit, and according to the current speculation the attack was executed via the DeFi protocol’s front-end.Without revealing any details related to the attack, the team confirmed receiving reports of unauthorized withdrawals of user funds on Twitter, announcing it paused all smart contracts in order to … [Read more...] about Bitcoin DeFi tool BadgerDAO hit by estimated $120 million hack
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Indian venture fund pours $12.5 million in NFT ‘commerce’ tool Guardian
A NFT technology startup, GuardianLink.io, has disclosed on Tuesday that it raised $12 million in its Series A funding round led by Kalaari Capital and other private investors.GuardianLink raises $12 millionGuardianLink is expected to channel the new funds towards expanding its design labs in Singapore and Japan. Furthermore, the proceeds would also be utilized in improving the … [Read more...] about Indian venture fund pours $12.5 million in NFT ‘commerce’ tool Guardian
Ethereum-based payroll tool Sablier expands to Polygon and Binance Smart Chain
Sablier, the protocol for real-time finance on Ethereum, yesterday announced the launch of its infrastructure on Polygon and Binance Smart Chain to offer upgraded efficiency and reduced usage fees. The deployments across these chains make it possible for an expanded user base to leverage Sablier for streaming payroll, payments, and subscriptions.Gas fees reduced by several … [Read more...] about Ethereum-based payroll tool Sablier expands to Polygon and Binance Smart Chain
ConsenSys Tool Infura User Numbers Grow 250% in Under a Year
Infura, a blockchain development tool from ConsenSys, now has over 350,000 users for its service to connect to Ethereum and build decentralized apps (dapps).The product has seen the number grow from 100,000 less than a year ago, an increase of 250%, Consensys announced Tuesday.Infura allows developers to connect to the Ethereum blockchain using an API without having to run a … [Read more...] about ConsenSys Tool Infura User Numbers Grow 250% in Under a Year
Ripple deploys its first on-demand liquidity tool in the Middle East
As digital payments transactions rapidly continue to grow in the Middle East and North Africa (MENA) region, Ripple partners up with an international blockchain-based financial services company Pyypl in a bid to bring instant, low-cost remittances to the area.According to the official announcement, the United Arab Emirates (UAE) will be the first country in the region to … [Read more...] about Ripple deploys its first on-demand liquidity tool in the Middle East