“Businesses need to know the commitments behind payments and credit will be honored,” Joey Krug, a partner at Founders Fund, said in the announcement. “Anvil lets them secure those commitments with verifiable digital asset collateral, and the new SDK makes it easier to integrate into… Read More
A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.
Layer-1 blockchain Near’s forthcoming upgrade will allow the network to scale dynamically without human intervention. The market is giving it a thumbs-up, sending the native token’s price sharply higher. NEAR has gained more than 27% in the last 24 hours to trade at $2.25. “Dynamic… Read More
At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1. Attacks aimed at crypto protocols or companies since the start of April include CoW Swap, Hyperbridge, Bybit, Dango, Silo… Read More
Since the emergence of ChatGPT and chatbots, the artificial intelligence (AI) hype has evolved into “agentic payments,” billed as the next wave of internet commerce in which humans won’t be transacting. It will be AI agents paying each other: The idea is simple: build automated… Read More
Uniswap Labs’ and Uniswap Foundation’s “UNIfication” proposal to activate protocol fees for the largest decentralized exchange in crypto and burn millions of UNI received overwhelming support from voters, transforming the token from a purely governance mechanism into a value-accruing asset. The proposal received more than… Read More
