The “intel-to-earn” model will allow on-chain sleuths to monetize their skills and create a liquid market for blockchain information, Arkham said on Monday. Arkham said intel seeks can post bounties for wanted info and sleuths can...
Summary: BarnBridge DAO was advised to cease all work related to the protocol and halt compensation to individual contributors. Legal counsel Douglas Park also told the team to close existing liquidity pools due to an ongoing...
Summary: A proposal on Aave DAO to move $3 million in ETH from the treasury into wrapped staked ETH and rocket pool ETH is active in the project’s governance forum. The proposal with 252,152 votes in...
Summary: The Chibi Finance team disappeared overnight in what seems like a rug pull, PeckShield noted. 555 Ether (ETH) worth around $1 million was drained from the project’s liquidity pools and deposited into the crypto mixer...
MakerDAO has purchased a second batch of U.S. Treasury Bonds worth a whopping $700 million. The purchase of part of the DeFi lending protocol's attempts to diversify the assets backing its DAI stablecoin.
Summary: Data from Blockchain Intelligence startup Nansen shows a steady increase in the number of staked ETH. So far, users and entities have locked over 22 million coins which amount to about 18% of the token’s...
The CFTC has won a lawsuit filed against OokiDAO, setting a critical precedent for lawsuits involving decentralized autonomous organizations. OokiDAO has been ordered to pay a penalty of $643,000 and shut down its operations in the U.S.
Summary: On-chain data showed that multichain transactions on Polygon, Avalanche, zkSync Era, and Kava networks resumed on Monday. Cross-chain services across 11 chains remain suspended as the team announced last month. Users first reported abnormal activity...
Summary: Tron (TRX) is now fully accessible on crypto’s largest altcoin network Ethereum, founder Justin Sun tweeted on Friday. The Tron blockchain is DeFi’s second biggest ecosystem with over $5.6 billion in total value locked and...
The community behind MakerDAO has voted in favor of a proposal that will see the DeFi protocol purchase $1.28 billion worth of short-dated U.S. Treasuries.
Summary: A proposal to launch Uniswap’s third generation DEX or V3 on Fantom’s blockchain is currently undergoing a “temperature check” governance vote. The proposal highlighted a market opportunity that could pull in $30-40 million in weekly...
A recent court filing made by FTX's bankruptcy estate revealed that current CEO John Ray III spent several hours last month working on a revival plot for the bankrupt crypto exchange. The news led to a 16% surge in FTT's price.