Wednesday, May 31, 2023

Ethereum Blockchain

Lazarus Group’s Sneaky Tactics: Attempts to Steal from Euler Finance Hackers

On March 15th, 2023, Euler Finance, a decentralised finance (DeFi) protocol built on the Ethereum network, suffered a flash loan attack resulting in the loss of $199 million worth of digital assets. However, on March 21st, 2023, new developments emerged as North Korea's Lazarus Group, the same group responsible for the $540 million Ronin Bridge attack last year, attempted to steal from the Euler Finance hacker responsible for the recent attack.

Cardano Blockchain

Cardano Vasil hard fork will take place on September 22

The fifth upgrade to the blockchain, the Cardano Vasil hard fork enhances the Plutus programming language and reduces fees by increasing scalability.

Stanford University’s $4.5 million blockchain research hub by Input Output Global

A blockchain research partnership has been announced between Input Output Global and Stanford University

Bitcoin News & BTC Price

Binance Smart Chain

Beyond Borders: Binance’s Strategic Pivot Towards UK Amid US Crypto Clampdown

As it grapples with the ever-tightening leash of American crypto enforcement, Binance sets its sights on UK regulation, a significant pivot in its strategic blueprint. In a candid admission of the trying circumstances in the US market, Binance's top strategy executive concedes to the mounting difficulties that the crypto giant is facing.

Stay Connected


DeFi News

NFT News

Meta to pull NFT sales on Instagram: What it means for the NFT industry

When Meta announced its initiative allowing artists to sell NFTs on Instagram, it was seen as a positive development for the struggling NFT industry. Now that the tech giant has terminated the project, web3 enthusiasts have mixed reactions to the sudden move.

Avalanche Blockchain

A number of lawsuits filed by Kyle Roche have been withdrawn after Ava Labs controversy

Attorney Kyle Roche has withdrawn from cases against Bitfinex and Tether. The CEO of Ava Labs denied there was anything unusual about the company's relationship with Roche, despite a video that was leaked.

Avalanche Bridge adds Bitcoin Support to allow BTC use in its DeFi protocols

Avalanche, a popular Layer 1 blockchain, has announced new support for native Bitcoin (BTC) through its bridge solution built on its cryptocurrency wallet Core. As a result, in the past 24 hours, AVAX has outperformed major digital assets such as Bitcoin and Ethereum.

Ava Labs in New Funding Round at $5 Billion Valuation

According to sources familiar with the matter, Ava Labs Inc., the lead developer of the Avalanche blockchain, is in the process of raising a second round of funding. According to the new valuation, it would rank among the world's most highly valued crypto startups.

Charles Hoskinson Reacts to Criticism Over Cardano’s DeFi Ecosystem Growth

Charles Hoskinson, founder and CEO of Cadano, has once again responded to critics -- this time around Emin Gün Sirer, the founder and CEO of Avalanche's Avalabs. Cardano's DeFi ecosystem has been criticized for its slow pace of growth, as reflected in its TVL.

Terraform Labs & LUNA Foundation buy $200 million in AVAX tokens

UST stablecoins were used to buy $100 million in AVAX by the Luna Foundation Guard. Terraform Labs exchanged an additional $100 million in LUNA for the AVAX equivalent.


Blockchain technology and artificial intelligence (AI) are two disruptive technologies that are changing the business landscape. The two technologies that have matured and gained market traction since the Bitcoin white paper was published in 2008. The rise of ChatGPT has been spectacular, the tool amassed a million users in only five days, setting a new record for the fastest-growing user base in the history of consumer applications. However, behind the scenes, a more robust data infrastructure is required to enable the meaningful rise of AI.
AdvertismentGoogle search engine