DeFi


Tech

The Protocol: Blockchains Keep Launching, From Sei to Shibarium

The week in blockchain tech: Two much-hyped networks debut, though the launches weren't quite as smooth as organizers might have hoped. ALSO: What is restaking? (Answer: it's the blockchain security trend you didn't know you needed to know about.)

Shiba Inu Doge dog (Getty Images)

Tech

SHIB Plunges 9% on Apparent Shibarium Bridge Issues

An important tool for the new layer 2 service went live on Wednesday to a turbulent start.

Bridge have recently been vulnerable to exploits. (Unsplash, modified by CoinDesk)

Tech

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

The much-awaited Shibarium network saw over 21 million wallets created during its testnet and is expected to position Shiba Inu as a serious DeFi contender.

(Getty Images)

Tech

De.Fi's Antivirus Tool Releases on zkSync Era Mainnet

The antivirus tool protects users against common malicious crypto exploits, such as phishing, smart contract vulnerabilities, blind signing, and more.

(Getty Images)

Markets

BALD Developer Sends $12M Back to Ethereum After Spectacular Mess Up

The viral token reached an $80 million market capitalization earlier this month before falling 90%.

Developer of the bald token engineered one of the quickest rises in recent months. (Getty Images)

Finance

Coinbase Ventures' Strategic Investment Sends Rocket Pool Token Surging

The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours.

Coinbase CEO Brian Armstrong (CoinDesk)

Videos

Coinbase Exec: Seeing 'Mainstream Users Start to Come in' on Base Blockchain

Base, the new Ethereum layer 2 blockchain built on OP Stack by the U.S. crypto exchange Coinbase, went live on Wednesday. Jesse Pollak, creator of Base and Coinbase's head of protocols, joins "First Mover" to discuss the launch in the latest move that aims to bring mainstream awareness to the the on-chain economy. Plus, Pollak's outlook on DeFi and crypto regulation in the U.S.

Recent Videos

Tech

Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

Nearly $166 million had already flowed to the blockchain ahead of the official launch.

(Smith Collection/Gado/Getty Images)

Tech

The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

We're covering Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

Coinbase CEO Brian Armstrong (Coinbase)

Tech

As Curve Averts DeFi Death Spiral, Fiasco Exposes Serious Risks

Curve, a leading decentralized exchange on Ethereum, was hacked for more than $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk.

It was almost a dead man's Curve. (Unsplash)