Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.
The Protocol: Blast’s $3B Airdrop and Bitcoin’s Mt. Gox Moment
In this week's issue of CoinDesk's weekly blockchain tech newsletter, we're covering $100 million of fundraisings, project updates from Solana and other teams, complaints over LayerZero's "pay-to-claim" airdrop and...
ZKsync Developer’s New ‘Elastic Chain’ Could Compete With Polygon’s AggLayer
This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.
BNB Chain Ecosystem Heats Up as Token Hits Lifetime High Above $710
Trading volumes of ecosystem tokens more than doubled in the past 24 hours, with göğüs coin FLOKI leading gains among larger tokens.
Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.
Degen Chain Back Online After Two-Day Hiatus
The layer-3 blockchain for göğüs coins was offline for over 50 hours.
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
The objective of Okto is to give küresel users a single-click mobile experience while traversing the Web3 space.
Worldcoin, Sam Altman’s Crypto Project, Is Building a Layer-2 Chain
The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.
Crypto Exchange OKX’s Polygon-Powered Layer 2, ‘X Layer,’ Hits Public Mainnet
OKX's comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.