🦎🚀 Couldn't Curve this one 💻

Monday, July 31, 2023

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Caught Off Guard

Curve Finance (CRV), a decentralized finance (DeFi) protocol, faced an attack exploiting a reentrancy vulnerability in its factory pools, leading to over $26 million in outflows.

The attackers took advantage of interrupted contract calls, allowing them to drain funds and cause significant losses for the protocol.

In today's news, we have degens bridging to BASE, people using Arkham Intel Exchange for good, and Wintermute relocating 4% of their staff to Singapore.

Read on!

Most Profitable NFT Projects on Ethereum

Yuga Labs is the most profitable NFT project on Ethereum, having made over $178.8 million across its various collections. How profitable are other NFT projects?

Read more to find out

24h Hot Searches Worldwide

Unibot (-14.1%)
Curve DAO (-12.4%)
Worldcoin (-6.0%)
Optimism (+7.2%)
Velodrome (+3.0%)
JPEG'd (-21.6%)
Ethereum (-0.3%)

Stake NYM tokens and contribute to privacy in the age of AI

Join the Nym mission of privacy in the age of AI! Who controls data is more impactful than ever. Nym is a powerful privacy mixnet providing layer 0 privacy for any app, wallet or chain. The NYM token incentivises mix node operators. Simply download the Nym wallet to stake NYM tokens, earn a share of rewards and contribute to global privacy!

Learn more

Another hyped Layer 1, Sei Network, seems to be close to launching. Find out how it differentiates itself from others in this video!

Let's find out here!

Bad Publicity is Good Publicity

Arkham Intel Exchange, a new platform that incentivizes the unmasking of anonymous crypto users, is gaining traction despite previous controversy.

Users are now employing its services to identify bad actors involved in rug pulls and other crypto exploits. For instance, a bounty was placed on the meme-coin project called TOWELIE, which was accused of being a rug pull.

CoinDesk

Charting New Territory

Wintermute, a cryptocurrency market-making firm, is expanding its operations to Asia by relocating 4% of its staff to Singapore.

This move follows similar announcements from Circle, Gemini, and FalconX, indicating a growing interest in the Asian market. Singapore has been taking significant steps to establish itself as a crypto-friendly hub, with recent developments such as the recognition of crypto as property capable of being held in a trust by the Singapore High Court and the release of a whitepaper outlining industry standards for digital assets by the Monetary Authority of Singapore in June.

The Block

Power of BALD

Meme coins such as BALD, COIN, and BASED have driven increased activity on Base, Coinbase's new Ethereum layer-2 network.

In just one day, a significant amount of $54 million worth of Ethereum was bridged to Base, in contrast to the previous day's relatively lower amount of less than $750,000.

Decrypt

GensoKishi Online is a web3 MMORPG based on the classic game Elemental Knights. Learn more about Genso and how to enter a raffle to win an exclusive in-game NFT!

Read on here.