Breaking News: PROTOCOLS – Market Insights, Analysis & Latest Updates

Uniswap Labs' cumulative front-end revenue surpasses $50 million

Uniswap Labs' cumulative front-end fees have surpassed $50 million, indicating significant growth and maintaining its position as the largest DEX by on-chain swap volume.

theblock.co • 13/08/2024 - 05:41 AM

Ion Protocol raises $4.8 million to unlock native yield on rollups and appchains

Ion Protocol raised $4.8 million, totaling $7 million, to develop Nucleus, a yield platform for rollups, addressing monetization challenges in decentralized applications.

theblock.co • 12/08/2024 - 14:05 PM

EigenLayer competitor Symbiotic launches devnet, plans full mainnet in Q3

Symbiotic's devnet is live on Ethereum, enabling broader ERC-20 token restaking and implementing slashing for honest behavior, aiming for mainnet release later in Q3.

theblock.co • 12/08/2024 - 13:05 PM

The Funding: Crypto liquid funds bet big on Solana

The crypto market faced sharp declines, with investors focusing on Solana and DeFi while maintaining bullish outlooks despite uncertainties.

theblock.co • 11/08/2024 - 14:08 PM

Security firm Fuzzland finds a way to reverse exploits

Fuzzland has recovered over $15 million in stolen crypto using hijacking and backrunning strategies, focusing on smart contract auditing and security in the DeFi space.

theblock.co • 07/08/2024 - 18:56 PM

Security firm Fuzzland finds a way to reverse exploits

Fuzzland prevented $15 million in crypto theft through strategies like hijacking and backrunning, employing advanced techniques and raising $3 million in funding.

theblock.co • 07/08/2024 - 18:56 PM

Solana-based DePIN project Andrena raises $18 million to offer decentralized internet services

Andrena raised $18 million in funding for its decentralized internet services project, DAWN, built on Solana, aiming to connect millions of households while ensuring user rewards.

theblock.co • 07/08/2024 - 12:00 PM

Ethena's USDe sees nearly $100 million in redemptions this week in 'stress test' for synthetic dollar

Ethena's USDe stablecoin saw nearly $100 million in redemptions amid market turbulence, maintaining its dollar peg through derivative strategies and an increased token supply amid crypto sell-off.

theblock.co • 06/08/2024 - 09:20 AM

PROTOCOLS

ZKX investors, market makers say they were blindsided by sudden shutdown

Investors and market makers involved with the recently-shuttered ZKX decentralized exchange say they were blindsided by the shutdown announcement, having received no advance warning. ZKX’s founder has defended himself against rug pull allegations from investors, arguing that advance notice could have crippled the protocol.

theblock.co • 03/08/2024 - 22:56 PM

Polymarket crosses $1 billion in cumulative volume, driven by US political bets

Polymarket, a decentralized prediction market, exceeded $1 billion in trading volume, driven by political event speculation and a growing user base, particularly around the U.S. presidential race.

theblock.co • 02/08/2024 - 08:21 AM

Currency