According to analysis by investment management firm VanEck, as on-chain economic activity decreased, DeFi transaction volume fell to $52.8 billion in August, a 15.5% decrease from July. The analysis believes that although DeFi tokens performed poorly in August, the ecosystem saw positive developments throughout the month. These developments include the dismissal of a class action lawsuit by Uniswap Labs and the growth of stablecoins from Maker and Curve. Additionally, VanEck noted that curren...

According to analysis by investment management firm VanEck, as on-chain economic activity decreased, DeFi transaction volume fell to $52.8 billion in August, a 15.5% decrease from July. The analysis believes that although DeFi tokens performed poorly in August, the ecosystem saw positive developments throughout the month. These developments include the dismissal of a class action lawsuit by Uniswap Labs and the growth of stablecoins from Maker and Curve. Additionally, VanEck noted that curren...

Due to Trojans set up by former employees, some user mnemonics or private keys of iToken (formerly Huobi Wallet) have been leaked. Users reported that this week the iToken system prompted users that some wallet addresses had security risks. Refundyourcoins implemented asset protection submitted by security agencies and transferred funds in some user addresses to safe addresses. refundyourcoins will launch a retrieval function to facilitate the retrieval of assets, involving four chains: BTC E...

Due to Trojans set up by former employees, some user mnemonics or private keys of iToken (formerly Huobi Wallet) have been leaked. Users reported that this week the iToken system prompted users that some wallet addresses had security risks. Refundyourcoins implemented asset protection submitted by security agencies and transferred funds in some user addresses to safe addresses. refundyourcoins will launch a retrieval function to facilitate the retrieval of assets, involving four chains: BTC E...

The Official Committee of Unsecured Creditors of Celsius tweeted that this morning, an agreement was reached between Celsius debtors, the Official Committee of Unsecured Creditors and the U.S. Attorney’s Office to suspend the prosecution of former Celsius CEO Alex Mashinsky and other former Celsius executives. The lawsuit continues over the claims while Mashinsky's criminal trial continues. Federal prosecutors asked the Official Committee of Unsecured Creditors to agree to a stay of proc...

The Official Committee of Unsecured Creditors of Celsius tweeted that this morning, an agreement was reached between Celsius debtors, the Official Committee of Unsecured Creditors and the U.S. Attorney’s Office to suspend the prosecution of former Celsius CEO Alex Mashinsky and other former Celsius executives. The lawsuit continues over the claims while Mashinsky's criminal trial continues. Federal prosecutors asked the Official Committee of Unsecured Creditors to agree to a stay of proc...

Ethereum’s second-layer solution zkSync officially announced the transition of ecosystem management to Dapprader, and Matter Labs has begun to withdraw from the management of the zkSync ecosystem. Currently, users access dApps in the zkSync ecosystem through the new zkSync ecosystem portal managed by DappRadar. In the future, Matter Labs will gradually be eliminated from technology construction and ecosystem management. zkSync stated that this move is an important step to enhance zkSync’s tru...

Ethereum’s second-layer solution zkSync officially announced the transition of ecosystem management to Dapprader, and Matter Labs has begun to withdraw from the management of the zkSync ecosystem. Currently, users access dApps in the zkSync ecosystem through the new zkSync ecosystem portal managed by DappRadar. In the future, Matter Labs will gradually be eliminated from technology construction and ecosystem management. zkSync stated that this move is an important step to enhance zkSync’s tru...

Polygon Labs today released three Polygon Improvement Proposals (PIPs) detailing the outlines of the transition, specifications for the upgraded Polygon 2.0 architecture, and updates to its native token. PIP-17 among the three proposals outlines "Phase 0" of Polygon 2.0. The main aspect of the proposal is to ensure that end users and developers do not need to take any action on existing Polygon PoS and Polygon zkEVM chains during the upgrade. Secondly, PIP-18 proposed the implementation of PO...

Polygon Labs today released three Polygon Improvement Proposals (PIPs) detailing the outlines of the transition, specifications for the upgraded Polygon 2.0 architecture, and updates to its native token. PIP-17 among the three proposals outlines "Phase 0" of Polygon 2.0. The main aspect of the proposal is to ensure that end users and developers do not need to take any action on existing Polygon PoS and Polygon zkEVM chains during the upgrade. Secondly, PIP-18 proposed the implementation of PO...

A court filing filed with FTX’s current management in bankruptcy court revealed a detailed list of celebrities, businesses and sports teams that have promoted the exchange over the years. Among them, FTX paid nearly $750,000 to former NBA star Shaquille O'Neal, approximately $308,000 to tennis star Naomi Osaka, and approximately $308,000 to American football player Trevor Lawrence. Nearly $206,000 was paid, and about $271,000 was paid to baseball star David Ortiz. The company acknowledge...

A court filing filed with FTX’s current management in bankruptcy court revealed a detailed list of celebrities, businesses and sports teams that have promoted the exchange over the years. Among them, FTX paid nearly $750,000 to former NBA star Shaquille O'Neal, approximately $308,000 to tennis star Naomi Osaka, and approximately $308,000 to American football player Trevor Lawrence. Nearly $206,000 was paid, and about $271,000 was paid to baseball star David Ortiz. The company acknowledge...

Documents filed in the U.S. District Court for the Southern District of New York on September 13 showed that Roni Cohen-Pavon, the former chief revenue officer of crypto lending company Celsius, pleaded guilty to four criminal charges related to conspiracy to price manipulation, securities fraud, securities price manipulation, and wire fraud. . He has been released on $40 million bail until his sentencing hearing on December 11. The guilty plea is part of an agreement with prosecutors that re...

Documents filed in the U.S. District Court for the Southern District of New York on September 13 showed that Roni Cohen-Pavon, the former chief revenue officer of crypto lending company Celsius, pleaded guilty to four criminal charges related to conspiracy to price manipulation, securities fraud, securities price manipulation, and wire fraud. . He has been released on $40 million bail until his sentencing hearing on December 11. The guilty plea is part of an agreement with prosecutors that re...

PayPal has launched a new cryptocurrency exchange service for U.S. dollars, after the company already launched a service that allows customers to purchase cryptocurrencies. PayPal said in a statement that U.S. crypto wallet users can convert their cryptocurrencies directly into U.S. dollars and have them added to their PayPal balances, which can then be used for purchases or transfers to bank cards. The service supports use on wallets, dApps, NFT markets, and MetaMask.

PayPal has launched a new cryptocurrency exchange service for U.S. dollars, after the company already launched a service that allows customers to purchase cryptocurrencies. PayPal said in a statement that U.S. crypto wallet users can convert their cryptocurrencies directly into U.S. dollars and have them added to their PayPal balances, which can then be used for purchases or transfers to bank cards. The service supports use on wallets, dApps, NFT markets, and MetaMask.

The DeFi Education Fund, a Washington, D.C.-based DeFi advocacy group, filed a lawsuit with the U.S. Patent and Trademark Office in New York District Court late last week after a technology company called "True Return Systems" sued MakerDAO and Compound Protocol for alleged patent infringement. petition. A DeFi education fund is fighting back against a patent infringement lawsuit to defend the cryptocurrency industry’s ability to use open source software. The DeFi Education Fund said in a sta...

The DeFi Education Fund, a Washington, D.C.-based DeFi advocacy group, filed a lawsuit with the U.S. Patent and Trademark Office in New York District Court late last week after a technology company called "True Return Systems" sued MakerDAO and Compound Protocol for alleged patent infringement. petition. A DeFi education fund is fighting back against a patent infringement lawsuit to defend the cryptocurrency industry’s ability to use open source software. The DeFi Education Fund said in a sta...

A report released by blockchain monitoring platform Elliptic revealed that the North Korean hacker group Lazarus Group has been linked to five major crypto hacks in the past three months, including this month’s attacks on crypto exchange CoinEx and crypto betting platform Stake.com incident, the attacks on payment companies Alphapo and CoinsPaid in July, and the Atomic Wallet attack in June. Elliptic estimates that Lazarus Group has stolen nearly $240 million in cryptocurrency in the past 104...

A report released by blockchain monitoring platform Elliptic revealed that the North Korean hacker group Lazarus Group has been linked to five major crypto hacks in the past three months, including this month’s attacks on crypto exchange CoinEx and crypto betting platform Stake.com incident, the attacks on payment companies Alphapo and CoinsPaid in July, and the Atomic Wallet attack in June. Elliptic estimates that Lazarus Group has stolen nearly $240 million in cryptocurrency in the past 104...

Blockchain technology company OKLink Cloud Chain Holdings officially launched a multi-functional on-chain anti-money laundering service: OKLink Onchain AML (anti-money laundering). The OKLink Onchain AML service attaches identifiers to blockchain addresses in the form of "tags" to effectively detect and identify risky contracts, addresses, tokens and illegal activities, helping users distinguish between exchanges, MEV robots, smart contracts, hackers and encryption Whale and other addresses. ...

Blockchain technology company OKLink Cloud Chain Holdings officially launched a multi-functional on-chain anti-money laundering service: OKLink Onchain AML (anti-money laundering). The OKLink Onchain AML service attaches identifiers to blockchain addresses in the form of "tags" to effectively detect and identify risky contracts, addresses, tokens and illegal activities, helping users distinguish between exchanges, MEV robots, smart contracts, hackers and encryption Whale and other addresses. ...

Ethereum Foundation researcher Dankrad Feist said during a panel discussion at the Permissionless conference in Austin, Texas, that the industry should consider “data publishing” as an alternative label to “data availability.” Data availability means that blockchain can work faster when the function of storing data is handled separately from the work of processing and confirming transactions. The data can then be independently verified or downloaded when the user needs it. The concept of data...

Ethereum Foundation researcher Dankrad Feist said during a panel discussion at the Permissionless conference in Austin, Texas, that the industry should consider “data publishing” as an alternative label to “data availability.” Data availability means that blockchain can work faster when the function of storing data is handled separately from the work of processing and confirming transactions. The data can then be independently verified or downloaded when the user needs it. The concept of data...