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Redefine Blockchain Mixes with Safe to Enhance Transaction Security

Blockchain security firm Redefine has joined hands with digital currency management platform Safe. The goal is to integrate the former’s platform De Fire Wall software into Safe’s infrastructure to ensure Safe can properly check each transaction and prevent any sort of illicit activity or fraud. Redefine and Safe: A Perfect Match? Safe has been garnering a lot of traction lately amongst web3 startups. The company has become the official asset holder for several of...

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SoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters

[unable to retrieve full-text content]CoinspeakerSoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters The SoftBank loss surprised analysts who were expecting the company to report a gain, even though the company's investment arm is up. SoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters

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Here is How Much Curve Finance Has Recovered From Its $70M+ Hack 

The hackers behind the recent exploit of several pools on the decentralized exchange Curve Finance have returned approximately 73% of the stolen crypto assets, accounting for about $52.3 million. Blockchain security firm PeckShield revealed Monday that Curve Finance lost $73.5 million in the hack. With the amount recovered so far, the exchange is looking to recoup the remaining $19.7 million. Curve Finance Recovers $52M of Stolen Assets Eight days ago, Curve Finance suffered...

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Short Bitcoin Outflows Halt for the First Time in 14 Weeks: CoinShares Report

The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to the year-to-date average, according to the latest edition of CoinShares’ weekly report on...

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Cardano Records Impressive 49% QoQ Growth in Dapp Transactions; 10% Rise in TVL: Report

Cardano (ADA) has shown promising indications of growth in Q2 despite lackluster market activity. Emerging infrastructure such as stablecoins, programming languages, and wallets are helping Cardano developers to craft advanced applications enriched with enhanced user experiences, according to a new report by Messari. The blockchain intelligence platform reported that the Cardano ecosystem has managed to diversify with newer protocols that have contributed significantly to...

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MakerDAO’s Spark Protocol Blocks VPN Use; Privacy Advocates Cry Foul

MakerDAO’s recently launched lending platform, Spark Protocol, has courted significant backlash over its decision to ban VPN users on the front end. The initial motive was to prevent US-based users from accessing the platform. But it prohibits anyone from using a VPN regardless of whether or not they are situated within the US. This has sparked strong reactions from privacy advocates. War on Privacy MakerDAO ramped up the yield on the DAI stablecoin from 3% to 8% as part of...

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