“Solv has built a trustless institutional DeFi platform integrating brokers, underwriters, market makers, and custodians to create the first fund infrastructure on the blockchain to bridge DeFi, CeFi and TradFi liquidity,” said Olivier Deng, global chief operating officer for the wholesale digital office at Nomura, in the press release. Source
The OTC wallet where the tokens from Paradigm landed has a history of receiving MKR and transferring to Coinbase, Arkham data shows. Following Paradigm’s $20 million transfer in March, a16z also sent a total of $11.7 million in MKR to the account early July, which then unloaded the tokens to Coinbase. Original Source CryptoX Portal
In this insightful interview, we had the opportunity to engage with Johan Hörmark, the Digital Bonds Platform Project Manager at SEB. Johan provided a comprehensive overview of SEB’s new digital bond platform, which leverages blockchain technology to revolutionize the banking sector. The platform, known as so|bond, is utilized for primary issuances, safe-keeping, and managing events such as dividends/coupons and redemption. The blockchain serves as the ultimate record of bond ownership and employs smart contracts to manage events and corporate actions. This innovative approach introduces a new level of transparency, allowing…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CertiK, a leading blockchain security firm, has issued an urgent Skynet Alert after receiving multiple reports of the defi platform Era Lend falling victim to an exploitation on zkSync. Losses are currently estimated to be around $3.4 million. Another hacking CertiK, a blockchain security technology company that frequently tweets about vulnerabilities, hacks and exploits in the space, identifies the attack as a “read-only reentrancy attack,” strategically targeting the platform’s multi-step processes, allowing the malicious actor to drain the…
The popular social media platform Twitter officially rebranded to X after months of teasing by its former CEO, Elon Musk. The rebranding saw the popular social media app ditch its recognizable bird logo and replace it with a simple X. The rebranding also saw the social media app change its color scheme from blue to black. As part of the rebranding, Twitter’s URL was changed to x.com, a domain name linked to Musk’s 1999 financial services startup, which was sold to PayPal. https://t.co/bOUOek5Cvy now points to https://t.co/AYBszklpkE. Interim X logo…
Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool. Conic Finance has been exploited for $3.26 million in Ether (ETH), the Web3 risk-alert source Beosin Alert reported on July 21. Nearly the entire amount of stolen cryptocurrency was sent to a new Ethereum address in just one transaction, according to data provided by Beosin. Transactions on the address involving a flashloan exploit on Coin ETH Pool. Source: Etherscan Conic Finance was quick to confirm the news on…
Coach McNugget invites players to start the fun by finding four McDonald’s signs, and what gamer doesn’t seek an adventure like this? But off I went to find them. By playing the game, players can earn rewards including a 100,000 SAND shared prize pool (roughly $44,000) and “mystery boxes,” according to a press release. Source
“Blockchain technology has become a necessary utility and infrastructure that is critical and essential to the development of every country, similar to electricity or the internet,” said Chi Nnadi, CEO of Mara, in an email to CoinDesk. “Opportunities abound in Africa that can be harnessed using blockchain as a technology to deliver widespread utility for African people.” Original Source AfricaFocusedDeFiLayerMARAPlatformReleasesTestnetUpcoming CryptoX Portal
Moxy.io, an esports platform, held a triple launch for its Moxy platform, MOXY–its native token, and a battle among top internet influencers on July 15. Moxy.io’s triple launch The launch marked the introduction of Moxy’s platform, a blockchain-powered platform that allows interested participants of the GameFi space, not just esports professionals, to play their favorite games competitively and earn rewards. The event also featured the public sale of the native token, MOXY, allowing gamer enthusiasts and potential investors to join the Moxy ecosystem. Moreover, those participating in esport competitions for…
“I personally bought about a quarter of the new Telegram bonds,” said Pavel Durov, the CEO of the popular but not-yet-profitable platform. Source