DeFi Protocol
LayerZero and Immunefi launch largest crypto bug bounty program with up to $15M in rewards
LayerZero Labs, the team behind cross-chain messaging protocol LayerZero, has partnered with bug bounty and security services platform Immunefi to launch a $15 million bug bounty for its protocol, Bry
Why education is key to halting hacks like the $190M Nomad exploit
Following the loss of almost $200 million on crypto protocol Nomad, security experts insisted that more education and security protocols are necessary for protecting against hacks.
Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto
Cross-chain messaging protocol Nomad has become the target of crypto’s latest nine-figure attack after hackers abused a “chaotic” security exploit to steal almost $200 million in digital
Mastercard exec is bullish on crypto, sees mass adoption ‘sooner rather than later’
Mass adoption of blockchain technology and digital assets is going to happen sooner rather than later, according to Mastercard’s VP of new product development and innovation, Harold Bossé.
Republic’s venture arm reportedly raising $700 million for crypto-focused funds
Private investment platform Republic’s ~$1 billion venture arm is reportedly in talks to raise $700 million for two new crypto-focused funds, according to Axios. The funds include a $200 million
DeFi giant Uniswap launches venture arm to invest in other crypto companies
Uniswap Labs, the company behind the popular decentralized finance (DeFi) protocol, has launched a venture capital arm to invest in web3 projects. Uniswap Labs Ventures, the new division, will invest
Q1 crypto losses spike 695% on year following massive hacks
Experts say that as more people and capital flood into crypto, there will subsequently be more losses.