In brief DeFi platform Resolv Labs’ USR stablecoin depegged and crashed more than 70% following an exploit Sunday. An attacker exploited the USR stablecoin contract using a compromised key, and minted 80 million tokens. …
Tag:
Labs
In brief Story Protocol developer PIP Labs has let go of several employees and contractors. The reductions come as the firm explores opportunities associated with AI. The company unveiled an $80 million Series B …
Taylor Lindman, the deputy general counsel at blockchain firm Chainlink Labs, has joined the Securities and Exchange Commission’s Crypto Task Force as its new chief counsel, filling a role left by now-CFTC chair Michael …
A co-founder of Bitcoin infrastructure company, Babylon Labs, claims to have built a system that allows for native Bitcoin to be used as trustless collateral to borrow on the Ethereum blockchain. In a Wednesday …
The wind-down of defunct crypto lender Celsius coughed up almost $300 million from Tether, according to a Tuesday statement from an entity set up by GXD Labs and VanEck, the Blockchain Recovery Investment Consortium. …
Web3 Technology
Privacy is the Gate to Institutional Blockchain Use: Matter Labs CEO
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Privacy tokens bucked the trend to surge in price and popularity during the recent market slump, but most of the discussion has centered on consumer-facing projects like Zcash. At the same time, banks and …
Blockchain Research
Cake Labs Launches XStocks In Cake Wallet, Enabling Worldwide Crypto Users To Trade Top Equities
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Cake Wallet, a mobile cryptocurrency app with a strong privacy focus, has recently announced the integration of xStocks to its supported tokens, to be released on the next update. The xStocks technology allows users …
