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The recent attack on Compound's decentralized autonomous organization (DAO) has shed light on the fragility of governance systems in many cryptocurrency projects. On July 28, a group called the Golden Boys exploited Compound's voting mechanism, successfully passing a proposal that siphoned $24 million worth of COMP
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Los Angeles, United States, July 30th, 2024, Chainwire DSCVR, the largest web3 social media and community-building platform, announces the launch of Canvas, a groundbreaking framework that enables developers to effortlessly build and integrate custom applications directly into DSCVR’s social feeds. With just a few tweaks any web application can
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OpenSocial Protocol, a platform for building social applications on blockchain technology, has secured $6 million in strategic funding. The investment round was led by Framework Ventures and North Island Ventures, with participation from several other venture capital firms and angel investors in the Web3 space. This brings OpenSocial Protocol'
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Tequila, Canada, July 29th, 2024, Chainwire Tequila Token ($TEQ) is set to launch on the Solana blockchain, introducing a new community-focused experience inspired by the culture and spirit of tequila. Tequila Token aims to provide an engaging and rewarding environment for its participants. Key Features of Tequila Token * Influencer Collaborations:
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Elastos, the SmartWeb ecosystem provider, today announced innovations that enable native Bitcoin staking on the Bitcoin network. Partners can use the Elastos BeL2 Software Development Kit (SDK) to build Native Bitcoin decentralized apps (dApps) to encourage staking of the estimated more than 1 Trillion dormant Bitcoins. The BeL2 SDK will
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MoonTaurus, a new cryptocurrency in the memecoin category, has launched its presale on July 24, 2024, raising $100,000 within the first two hours. The project, based in London, England, is structured with a multi-tiered presale system and aims to position itself as a significant player in the cryptocurrency market.
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London, England, July 24th, 2024, Chainwire MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as
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San Francisco, California, July 24th, 2024, Chainwire ETZ is transforming retirement planning by making digital assets available to retirees ETZ, a premier service designed to simplify and enhance digital asset investing in retirement accounts, announced that it would offer SUI, the utility token powering Sui, a high-performance Layer 1 blockchain
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Zircuit, a company developing an EVM-compatible ZK rollup with AI-enabled security features, has announced a successful Mainnet funding round. The investment saw participation from several prominent entities in the cryptocurrency space, including Binance Labs, Mirana Ventures, Amber Group, and others. Additionally, founders of notable blockchain projects such as Renzo, Etherfi,
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Singapore, Singapore, July 23rd, 2024, Chainwire A groundbreaking moment in decentralized finance (DeFi) is here as Magnify Cash unveils its state-of-the-art DeFi protocol and announces the upcoming Fair Launch of its native token, $MAG. As a pioneer in financial technology, Magnify Cash is set to reshape the financial services landscape
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Grand Cayman, Cayman Islands, July 23rd, 2024, Chainwire Sui joins an exclusive list of AWS-integrated blockchains Sui Foundation, the organization dedicated to the advancement and adoption of the layer 1 blockchain of the same name, today announced the integration of Amazon Web Service’s (AWS) Blockchain Node Runners on Sui,
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Press Release: Sportsbet.io have signed 3 new ambassadors for their growing Crypto Experience program. July 22, 2024 — Leading crypto sportsbook Sportsbet.io has announced its first business of the summer transfer window, signing three new ambassadors including the hugely popular tipster BossOlamilekan. BossOlamilekan runs one of the most respected
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The U.S. Securities and Exchange Commission (SEC) has granted final approval for spot exchange-traded funds (ETFs) that hold Ethereum's ether (ETH), marking a significant milestone in the cryptocurrency industry. This decision comes after years of regulatory deliberation and follows the SEC's approval of bitcoin ETFs
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George Town, Cayman Islands, July 22nd, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level security, today announced it raised a Mainnet funding round with participation from Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and prominent angel investors including the founders
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Mexico City, Mexico, July 22nd, 2024, Chainwire Etherfuse, a pioneering platform for the issuance of tokenized real-world assets, announced today that it has successfully raised $3 million in a seed funding round. The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of
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Miami, United States, July 22nd, 2024, Chainwire The pseudonymous artist Mr. Black, is about to reveal an Epic 21,000-Piece Ordinal Collection on Bitcoin, proclaiming Divine Inspiration and Potential to Usher in Messianic Age Mr. Black, the elusive and mysterious artist, is set to release a revolutionary 21,000-piece ordinal