Alchemy Pay(ACH)

London, UK, 23rd March, 2023, ChainwireMizar, a platform with more than 10,000 users that aims to bring advanced and automated trading to the blockchain, is proud to announce the launch of its native token, MZR, on Camelot DEX, a fully decentralized exchange (DEX) built on Arbitrum.The emergence of Arbitrum and the launch of the $ARB token, along with its recent airdrop, have caused a buzz in the ecosystem, leading to a surge in popularity for DEXs like GMX. The Mizar team anticipates substantial growth in decentralized trading on Arbitrum over the next few years and is dedicated to being one of the first to provide automated trading tools for current and future Abitrum traders.The scalability of Arbitrum, along with its faster transaction processing and lower fees, make it a top technology choice for users engaged in active trading and portfolio management. Mizar believes that these features make Arbitrum a perfect product for traders who prioritize efficiency, self-custody, and asset decentralization in their trading activities. As a result, the DeFi trading experience has been significantly enhanced, opening doors for on-chain automated and advanced trading.Francesco Ciuci, CEO of Mizar, is thrilled to share his excitement about the next steps for Mizar. HeCiuci said, "Our goal is to transform the way individuals participate in DeFi trading. Despite the successful development of sophisticated DEXs like GMX, there still remains a considerable amount of manual effort involved for DeFi traders. Given that most trades in traditional and centralized finance are conducted using advanced artificial intelligence and automation, we must progress and introduce similar tools to DeFi."Referring to the recent launch of the MZR token on Camelot DEX, Ciuci added “For us, launching on Camelot DEX represents progress towards the Arbitrum ecosystem. It will grant us access to a native Arbitrum community that will aid us in developing suitable tools for their needs.”Camelot DEX is a recent Arbitrum native project that is completely decentralized and driven by its community. Mizar is enthusiastic about Camelot DEX due to its innovative strategy for providing liquidity, which distinguishes Camelot DEX from other decentralized exchanges. Its community-driven approach makes it simple for anyone to provide liquidity and earn rewards, resulting in a significant advantage for new and established projects.The launch of MZR on Camelot DEX, on Arbitrum, marks a significant milestone for Mizar, and the team is excited about the opportunities this presents for them. They are committed to pushing the boundaries of what is possible in the world of decentralized finance and are looking forward to what the future brings.About MizarWith over 10,000 active users and millions of volumes traded daily, Mizar is the go-to choice for those who demand the best when trading crypto. Say goodbye to FOMO and missed opportunities, and embrace hands-free trading on your favorite CEX and DEX with advanced bots and smart tools. Share your bots with others on the to-be-largest social trading platform in the crypto world and earn a passive income. And thanks to the MZR token, you can get access to all these features without paying any subscription fee.ContactMizar [email protected]

Gisele Bündchen prays that justice will reach those responsible for the FTX crash.

Blockchain-powered sports game developer Pooky has launched the full play-and-earn version of its football results prediction game following a four-month beta testing program. Pooky aims to combine immersive gameplay with sustainable token rewards, providing a blockchain-based alternative to the traditional betting model. Pooky is built on the Polygon blockchain The game allows holders of Pookyball non-fungible tokens (NFTs) to compete to predict the outcome of football matches, the number of goals and the correct score, earning rewards based on their rank and skill level. Each Pookyball NFT has different attributes. There are four rarities that boost the number of points that players can receive for making correct predictions. The launch coincides with a full football matchday schedule from March 23-28, including several Euro qualifiers. During this period, Pooky’s minimum reward will double from 200 to 500 MATIC per matchday, and players will be eligible to receive rewards in the form of NFTs and Pooky’s in-game currency POK. The first drop of 1,000 Pookyball NFTs required to access the game sold out before the launch. Pooky is now offering an additional mint of 100 regular NFTs to allow players to join the high rewards leagues or optimize their gameplay strategy. There are two play modes: Basic League and Play-and-Earn Leagues. In the Basic League, each new player receives two Rooky Ball when they sign up to start playing the game for free. Rooky Ball earn limited rewards and cannot be traded. In the Play-and-Earn Leagues, players buy Pookyball NFTs, which can earn more points and enter higher reward Leaderboards. During the beta test, 7,000 recurring Pooky users made 700,000 football predictions and competed against each another every week. Popular football influencers such as Fiago, RazzHD, and Sims2 generated interest with content around the project. Founded in 2022, Pooky has raised more than €3 million from pre-seed investors, including Claster Investments VC, and has advisors from the sport, gaming and blockchain industries. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Protocols like Near, Polkadot and Cardano are using new approaches to improving the tradeoff between scalability, decentralization and security, the report said.

Joined the Silvergate Exchange Network back in 2019, Kraken is now looking for new ACH funding options.

Kraken has announced that it will suspend the Automated Clearing House (ACH) deposits and withdrawals as early as 27th March 2023. ACH Deposits And Withdrawals Suspended The cryptocurrency exchange also stated while announcing the news that it was looking for a new banking partner following the collapse of its previous banking partner, Silvergate Bank. The exchange stated in an email, “As of 27th March 2023, Kraken clients will no longer be able to use ACH deposits and withdrawals through Silvergate. We are working to make ACH funding options available through alternative funding providers as soon as possible and will communicate details with clients as soon as we can.” However, the company stressed that the developments would impact no other services. Additionally, Kraken has stated that it plans to resume ACH deposits and withdrawals as soon as it finds alternative partners. What Are Automated Clearing House (ACH) Transfers? Automated Clearing House (ACH) is a dedicated electronic network for financial transactions carried out in the United States. Deposits via ACH are available to users via Plaid, while ACH withdrawals are also available. Additionally, users can also make online banking purchases using the “Buy Crypto Widget” on the Kraken app and website. In its help section, Kraken stated that ACH transfers sent to the exchange using funding options apart from Plaid would be returned to users after five business days. Additionally, the exchange stated that it has little control of this process as it is mainly automated and up to the bank when it returns the funds to your account. Kraken To Continue Banking Foray Despite facing numerous challenges apart from the shuttering of Silvergate Bank, Kraken is set to continue its foray into banking. After paying a fine of $30 million and settling with the Securities and Exchange Commission, stopping its staking operations, the exchange is set to create its own banking institution. Called Kraken Bank, the crypto bank is the first to be awarded a US state banking charter. Additionally, it will be based on the Wyoming SPDI (Special Purpose Depository Institution) Framework. The crypto bank was slated for launch last year before being delayed for several reasons. However, Kraken has since confirmed that it is progressing with the launch. In a recent podcast, Marco Santori, Kraken’s Chief Legal Officer, revealed the details around the launch. Santori also discussed the implications of increased regulatory scrutiny of crypto firms in the United States. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

PALO ALTO, California, 23rd March, 2023, ChainwireUpland, the metaverse super app mapped to the real world, is partnering with the EOS Network Foundation, a community-led, not-for-profit organization that coordinates public-goods funding and support to encourage the growth of the EOS Network, to launch Upland’s second hackathon where web2 and web3 developers are invited to bring new games and experiences leveraging Upland assets. As the only metaverse mapped to the real world, developers are able to create experiences that leverage unique characteristics of the Upland ecosystem, which include geo-specific context and assets like FIFA Women’s World Cup Australia and New Zealand 2023™ Legits, to the largest growing web3 community.Web3 gaming coupled with metaverse experiences, will transform the way people play, interact and socialize. This year’s Upland Hackathon is designed to empower developers to create unique, immersive, and community-driven experiences that drive increased engagement in the metaverse. Developers are invited to participate in one of three tracks: 1. Metaverse Innovation Track; 2. FIFA Women World Cup 2023 (FWWC23) Track, and 3. Design Track. with the best ideas earning financial prizes and the chance to enter Upland’s post-hackathon incubator.Upland is one of the most popular and fastest-growing metaverses utilizing blockchain technology. Upland is the Earth’s metaverse, spread across dozens of global cities that have been mapped to the real world and are accessible via the Web, iOS, and Android. “After a successful first round in 2022, we are thrilled to be hosting our 2nd hackathon for web2 and web3 developers alike to leverage our tools to create new experiences in the Upland metaverse,” says Idan Zuckerman, Co-Founder and Co-CEO of Upland. “As part of our mission to build the first Metaverse Super App, the main topics of this hackathon will have developer teams leverage web3 concepts by integrating games and experiences with the Upland platform to drive engagement and adoption in new innovative ways”This year’s Hackathon event will encompass three unique tracks, each contextual to the Upland ecosystem, community and economy. Developers, designers, artists, gamers, and blockchain enthusiasts will be provided with the tools, support, and inspiration to bring their Web3 game ideas to life. Utilizing Upland’s simple Rest APIs, participants will have a chance to put themselves on its virtual map.The Upland 2023 Metaverse Super App Hackathon’s panel will consist of four judges, including representatives from Upland, FIFA, and the EOS Network Foundation. Each project submission will be rated for the quality of each pitch and its prototype, its use of Upland’s 3rd-party development tools, its team’s composition and diversity, business feasibility, and fulfillment of the Hackathon’s mission statement. "We are very excited about this opportunity to meet and collaborate with some of the brightest metaverse developers today," said Yves La Rose, Founder and CEO of the EOS Network Foundation. "EOS has made GameFi a cornerstone of its ecosystem development, and Upland is one of its biggest success stories so far. Upland chose to build on EOS because it's one of the most robust and scalable networks of all, with an extremely diverse and talented pool of developers. Now we'll get the chance to see what those developers can do, and we're extremely enthusiastic about helping them bring their ideas to life."The FIFA Women’s World Cup Track builds on Upland’s status as FIFA’s official metaverse partner and provides a unique opportunity for developers to build games and experiences that utilize Upland’s third-party SDK alongside FIFA NFTs in Upland. Developers are tasked with creating unique games or gamified experiences leveraging FIFA Legits and Upland assets, with the winning project set to be showcased in the FIFA World Cup Village in Upland.In the competitive Design Track, Upland is inviting creators to design a 3D asset that will serve as the trophy for the World of Football eSports tournament. In World of Football players compete in live football matches taking place in the Upland metaverse.Finally, the Innovation Track invites developers to submit community-focused Web3 games or experiences that bring people together to play, socialize and share value. This is a flexible track where developers can leverage Upland’s developer tools, to create almost any kind of game or experience they believe has the potential to become an Upland metaverse hit.Participants of the FIFA Women’s World Cup and Innovation Tracks will compete for Grand Prizes worth $10,000, with $5,000 going to the runners-up of each track. Meanwhile, the winner of the Design Track will be awarded 2 million Upland UPX tokens. Both the Grand Prize and Runner-up Prize winners will also be invited to join Upland’s post-hackathon incubator.The Hackathon will begin with a kick-off party with OnePiece Labs followed by its official launch at GDC on March 22. Teams have until May 12 to register for the Hackathon, with May 26 being the deadline for submissions. Finalist selection will occur on May 28, with the final presentation and awards show taking place during Upland’s annual Genesis Week Conference at the Sahara Casino and Resort in Las Vegas on June 9.About UplandUpland is an open web3 platform for the metaverse mapped to the real world. The company’s mission is to build one of the leading and most dynamic maker-communities through a strong entrepreneur economy that allows players, creators, developers, and brands to manufacture goods and experiences, monetize assets, and provide utility and fun to other players. Headquartered in Silicon Valley with hubs in Las Vegas, Ukraine, and Brazil, Upland was named among Fast Company’s “Next Big Things in Tech” in 2021 and one of “22 San Francisco Startups To Watch in 2022” by Built In SF. Upland is committed to becoming carbon negative and is a proud partner of Carbonfuture. For more information about our sustainability commitment visit https://www.upland.me/sustainability. Upland is available on iOS, Android and the Web, and can be played from anywhere in the world.About EOS Network FoundationThe EOS Network Foundation (ENF) is a not-for-profit organization that coordinates financial and non-financial support to encourage the growth and development of the EOS Network. EOS is the native token of the EOS Network, which launched in 2018. The EOS Network provides a world-class, robust, smart contract functionality that enables developers to build the best-in-class decentralized applications (dApps) easily, facilitating the open web of the future and, in so doing, powering the Web3 economy. The ENF is the hub of the EOS Network, uniquely suited for NFT, GameFi, DeFi, and enterprise applications. The organization is committed to unlocking the full potential of the EOS blockchain to drive innovation, create new possibilities, and empower individuals and communities.About EOSThe EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine. Purpose-built for enabling optimal Web3 user and developer experiences, EOS is a go-to Layer-1 network for developers looking to build blockchain-based games (GameFi), deploy decentralized applications (dApps), and create digital assets such as NFTs. EOS benefits from a multi-chain collaboration of blockchains built upon the Antelope framework using Antelope Inter-Blockchain Communication (IBC). EOS drives public goods funding for free and open source tools and infrastructure through the EOS Network Foundation (ENF).ContactLindsay Anne [email protected]

The exchange says no other services will be affected by this change.

XRP, Ripple XRPLedger’s native token, saw a substantial overnight run attempting to hit its bullish target of $0.50 but ultimately fell short, reaching a high of $0.49. XRP broke away from the general crypto market, recording massive gains and reaching its highest levels since November 2022. XRP, the native token of cross-border payment settlement firm Ripple’s XRPLedger, witnessed an incredible surge on Tuesday, breaking into a solo rally which yielded overnight gains of over 20%. XRP Rides the Wave of Fed Hikes and Banking Failures In response to the voluntary liquidation of Silvergate Bank and Silicon Valley Bank’s (SVB) collapse, crypto investors have become bullish on Bitcoin and altcoins. As one of the most prominent altcoins by market cap, XRP’s price surged on the back of the recent U.S. banking crisis and the anticipation of an interest rate hike by the U.S. Federal Reserve. The Fed’s consequent decision to inject liquidity into the economy and protect banks from collapse has been the catalyst to drive investors toward decentralization and cryptocurrencies. XRP is currently trading at $0.44, representing gains of over 20% in the past 24 hours and 16% on the weekly chart. Bullish Sentiment Surrounding SEC Case XRP has also responded to recent developments in its case involving the United States Securities and Exchange Commission (SEC). Analysts claim that investors have become more confident in the case’s outcome after a Letter Notice of Supplemental Authority was filed by the defendants in the case. Attorney James Filian revealed in a tweet on March 20 that the defendants in the case sought to support their fair notice defense by referencing a separate legal case where Judge Michael Wiles of the U.S. Bankruptcy Court for the Southern District of New York rejected the SEC’s argument, ruling that it was too vague. The SEC objected to Binance.US’s bid to acquire Voyager Digital’s assets which included an asset known as VGX. The agency claimed that Voyager was an unregistered securities exchange and VGX has “aspects of a security”, to which it gave no further explanation. Judge Wiles stated in his ruling: I reject the contention that the Court, and the Debtors, somehow were supposed to figure out for themselves just what ‘aspects’ of the VGX token might be considered to be aspects of a ‘security,’ or just what particular activities of Binance.US allegedly could raise registration issues, and then somehow to offer evidence and legal argument on those points. Ripple has continually asserted that the lack of clear guidance from the SEC regarding securities laws for digital assets has caused great confusion and uncertainty in the market and made it increasingly difficult for participants to understand how to comply with regulations. A lot hinges on the outcome of the lawsuit, which is expected to have a far-reaching impact on the entire crypto asset industry, which has been stuck in confusion amid the lack of regulatory clarity. Ripple CEO Brad Garlinghouse has also managed to settle investor’s concerns after it was revealed that Ripple Labs had “some exposure” to SVB. Garlinghouse assured investors that the company “remains in a strong financial position despite its exposure to the failed bank.” Obviously a lot is still unknown about what happens with SVB, and as is the case with many others, we hope to have more details soon – but rest assured, Ripple remains in a strong financial position. — Brad Garlinghouse (@bgarlinghouse) March 12, 2023 Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Depositphotos Crypto protocol Fluidity Money said today it’s partnering with the enterprise crypto payments app Request Finance to give its users a shot at landing some very significant rewards whenever they send a payment. Fluidity Money bills itself as a “spend-to-earn” DeFi protocol that works very differently to the traditional crypto cashback schemes offered in the digital payments industry. Most cashback programs are offered in partnership with credit card providers and financed through high interchange fees that are passed onto consumers, as well as extortionate overdraft fees ranging from 15% to 27%. Fluidity Money does things quite differently. It works by minting its own stablecoins, known as “Fluid Assets”, which are essentially wrapped versions of tokens like USDC and USDT. Users can mint new Fluid Assets within the Fluidity Webapp on a one-to-one basis (so they get 1 fUSDC for 1 USDC, for example) to generate potentially massive rewards each time they use those tokens to pay for something. The way it works is very clever. The USDC or USDT that’s used to mint Fluid stablecoins is immediately deposited into a third-party DeFi protocol such as Compound, with 80% of the yield generated there being used to fund Fluidity’s cashback rewards. Those rewards are then paid out randomly, with each transaction standing a 40% to 70% chance of earning yield that could be significantly higher than the amount sent. Each transaction reward is split 80%-20% between the sender and the receiver. By partnering with Request Finance, Fluidity is bringing its cashback rewards to hundreds of businesses and merchants that use the popular crypto payments app. Request Finance serves thousands of businesses with its invoice, payroll, expense and payment request features. Each time someone uses the app to send a payment using a Fluid stablecoin instead of a regular cryptocurrency, both them and their client stand a chance to earn a reward ranging from a few cents to possibly hundreds of dollars. What’s more, Fluidity Money said it plans to expand its rewards offering to other loyalty programs and possibly enable users to earn non-fungible tokens (NFTs) as rewards, instead of crypto. Those NFTs could potentially represent anything from tickets to physical events, merchant credits like air miles, digital collectibles and more. Fluidity Money Chief Executive Shahmeer Chaudhry said Request Finance has grown to become one of the most widely used crypto payment apps, helping thousands of enterprises and decentralized autonomous organizations use stablecoins more easily. “We wanted to work with them to introduce this cashback program as a fun way of rewarding people for using stablecoins for payments,” Chaudhry said. Vijay Garg, founder of MapleBlock Capital, one of the chief backers of Fluidity Money, points out that cashback and loyalty reward programs have shown themselves to be hugely effective at driving adoption of digital payments in Web2. “Google Pay’s 2019 #StampwaliDiwali campaign in India, and the 2022 Huat Pals campaign in Singapore are great examples of this,” Garg said. “We believe that a similar strategy can help to drive the adoption of crypto payments.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

"Any links to offers are scams. We are investigating the situation and taking action accordingly," wrote USDC issuer Circle.

London, United Kingdom, 22nd March, 2023, ChainwireBattle of Olympus, an arcade street fighting game, is set to launch the first phase of its presale for its in-game currency $GODLY on Arbitrum on Monday, March 27.Battle of Olympus stands alone as one of the few Web3 games with a fully working demo, with an update due in Q2 2023, and an upcoming collection of in-game digital collectibles. Set in the cyberpunk city of Olympus, fight against other players and several Greek gods. Battle your way to the top of Olympus to conquer the metropolis! Play the demo here.Battle of Olympus is the first flagship game developed by Revenant, a decentralized gaming ecosystem founded in 2022.The earliest investors will benefit from getting the $GODLY token at its lowest price. The first stage of the presale is available for $0.0221, with the price increasing through four rounds.Battle of Olympus to focus on gameplayWith a team full of hardcore gamers, Battle of Olympus' developers understand that long-term success requires engaging gameplay that keeps players hooked for hours on end. Therefore, Battle of Olympus provides gameplay unlike any other, based on roguelike and RPG elements.Although players earn rewards as they progress, it will not come at the expense of their enjoyment or project sustainability. Battle of Olympus prioritizes gameplay rather than earning potential to provide an experience reminiscent of classic games, like Street Fighter, Tekken, Mortal Kombat, and many other classic fighting titles.Battle of Olympus employs a rewards model to balance financial incentives and player enjoyment to attract and retain players, leading to a more sustainable in-game economy. Simply put, rewards are a bonus rather than the primary reason for playing.Battle of Olympus will also have in-game items and fighters that are mintable as NFTs. Players can own their character, providing the option to trade or sell them on the Revenant Marketplace.What is the $GODLY token?$GODLY is the primary ERC-20 token within Battle of Olympus with several uses to benefit players and investors. It can be used to purchase various items, including loot boxes, consumable items, and boosters, but also for wagering in PVP matches.Play the Battle of Olympus DemoWhat makes Battle of Olympus stand apart from most Web3 games is its demo, released in 2022, where players can battle as either Zeus or Hades for bragging rights over Olympus.Whereas many crypto games prioritize unsustainable tokenomics or overpromise without delivering, Battle of Olympus team puts game development to produce an enjoyable experience first. A new PVP demo will be released in Q2 2023 for you to test your fighting skills against friends in the cyberpunk metropolis.Battle of Olympus GameplayBattle of Olympus includes two types of gameplay: PVE, where players and their faction will capture god territories during a season on the Olympus Map, and PVP, where players use their weapons and armor to battle against others.RewardsPlayers will earn several rewards while playing Battle of Olympus.As players progress, they become eligible for weapon and armor drops to upgrade their character or trade on the Revenant Marketplace. Gamers will also receive tokens for their achievements, such as winning tournaments, seasons or climbing the leaderboards.Battle of Olympus presale and tokenomicsBattle of Olympus will launch the first stage of its presale on March 27, with the $GODLY token on sale for $0.0221.Through three presale rounds, $GODLY will increase to a launch price of $0.05.$GODLY has a total supply of 100 million tokens, with 16% of these allocated to three presale rounds (OG Whitelist, Public Whitelist, Public Sale) and 4% to seed investors.The $GODLY presale will include four rounds of investment before its public launch:Seed RoundOG Whitelist - March 27Public Whitelist - March 29Public Sale - March 31For an in-depth breakdown of the tokenomics, including fundings rounds, vesting periods, and more, click here.How to buy $GODLY during the presale$GODLY tokens will go on sale on March 27 on the dedicated presale platform.For the first 2 rounds of the presale, players will need to be on the OG Whitelist or Public Whitelist. However, once those rounds have been completed, the final Public Sale round will be open to the public on Friday, March 31. Anybody will be able to buy $GODLY at a huge discount compared to its exchange price.Keep an eye on the Battle of Olympus Twitter and Discord for a full step-by-step guide on how to buy $GODLY during the presale.About Battle of OlympusBattle of Olympus is an arcade street fighting game and the first flagship game developed by Revenant, a decentralized gaming ecosystem for gamers, game developers, and investors. Set in the cyberpunk city of Olympus, fight against other players as one of several Greek gods. Join the community: Twitter | Discord | Telegram | Play the demo | Website | WhitepaperContactCMOAlejandro PCBattle of [email protected]

[PRESS RELEASE – London, United Kingdom, 22nd March 2023] Metacade, fast becoming the most exciting GameFi project in 2023, has reached the final stage of its token presale after raising more than $500k in 24 hours, reaching a total raise of $12.4m. This comes after a wave of positive news, which includes a showcase of […]

This month Silicon Valley Bank stole all the headlines with its untimely collapse, yet the timely rally of Bitcoin to over $26.5k this week and the announcement of the Damex.io IEO on April 19th, 2023 could look to dominate the conversation in crypto next month. Damex.io is a well-established company in the crypto space, with over 750 business clients and over $120 Million USD in transactions each month. Maximize your investment potential with the versatile #Damex native Token

Decentralized finance (DeFi) is increasingly shaping the future of financial transactions, and it's crucial for platforms to maintain their integrity and ethical standing. DeFiLlama, a leading on-chain analytics platform, found itself in a difficult position when news broke of an internal conflict and a potential fork due to a rogue team member. Fortunately, the team has since resolved the conflict and assured users that the platform will continue to operate as usual. The dispute, which centered around a hostile takeover of the on-chain analytics platform, was brought to light by a core contributor using the pseudonym 0xngmi on Twitter. The rogue team member, identified as 0xLLam4, was reportedly attempting to launch a native LLAMA token without the consensus of the DeFiLlama team. 1/3 The DeFiLlama team would like to apologize for the events that unfolded yesterday, as a result of poor communication and a misunderstanding within the team. — DefiLlama.com (@DefiLlama) March 20, 2023 Following the revelation, DeFiLlama took to Twitter to apologize for the chaos, attributing the events to poor communication. The platform assured users and clients that there is no LLAMA token in the pipeline, quelling fears of a potential disruption to the platform's operations. Tendeeno, a contributor to Llama Corp, revealed that 0xLLam4 was, in fact, the founder of the platform. The founder's eagerness to launch the token and generate revenue was the primary cause of the conflict. However, with the situation now resolved, DeFiLlama has managed to safeguard its reputation and maintain the trust of its users and clients. As the DeFi ecosystem continues to evolve, it is essential for platforms like DeFiLlama to uphold the principles of ethical journalism, balanced reporting, and professional news standards. By resolving the internal conflict and demonstrating transparency, DeFiLlama has set a strong example for others in the industry to follow. DeFiLlama is a major multichain decentralized finance (DeFi) analytics platform that has gained recognition for delivering critical data related to the total value locked (TVL) and trading volume on DeFi platforms. As DeFi continues to revolutionize the financial landscape, analytics platforms like DeFiLlama play a crucial role in providing comprehensive insights into the rapidly evolving sector. As a refresher, decentralized finance (DeFi) refers to the decentralized ecosystem built on blockchain technology, which eliminates intermediaries such as banks and other traditional financial institutions. By leveraging smart contracts and decentralized applications (dApps), as such, DeFi allows users to access a wide range of financial services, including lending, borrowing, trading, and investing, in a secure, transparent, and permissionless manner. In this context, DeFi analytics platforms serve as vital tools for users, developers, and investors to make informed decisions based on data-driven insights. DeFiLlama, as a multichain platform, collates information from various blockchain networks, including Ethereum, Binance Smart Chain, Polygon, and more. This comprehensive approach enables users to access a broader perspective on the DeFi market and track relevant metrics across multiple chains. Some of the key data points provided by DeFiLlama include the total value locked in various DeFi protocols, trading volumes, yield farming opportunities, and liquidity pools. These insights help users identify trends, assess the performance of specific DeFi platforms, and make informed decisions about their investments. As the platform moves forward, the team's commitment to addressing internal issues and operating in a more transparent manner will be crucial in maintaining trust within the DeFi community. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The drama surrounding the Euler Finance exploit refuses to die, as crypto Twitter played spectator to an interesting interaction between the North Korea-linked Lazarus Group and the hacker behind the exploit. Is The Swindler Being Swindled? Euler Finance’s attempts to recover its stolen assets, worth nearly $200 million, hit another roadblock as another player waded into the muddied waters. On Tuesday, a wallet linked to the North Korean hacking group, Lazarus, attempted to phish the hacker that stole the funds from Euler Finance in the first place. The drama played out as the “Ronin Bridge exploiter,” who had stolen a staggering $625 million worth of crypto from the hugely popular Axie Infinity, sent an on-chain note to the exploiter. The note asked the exploiter to decode an encrypted message. However, experts were quick to point out that the message, in all probability, was a phishing scam intending to steal the credentials for the exploiter’s wallet. The Lazarus Group is a notorious hacking group with alleged links to North Korea. The group is often seen as targeting the crypto space, siphoning billions that are used to fund the rogue nation’s nuclear weapons program. Alarm Bells Ring At Euler The exchange between the two hackers sent alarm bells ringing at Euler Finance and saw a wave of confusion go over crypto Twitter. The protocol is in the midst of attempting to recover the stolen fund, and developers were understandably worried about the developments. Minutes after the Ronin hacker reached out to the Euler hacker, developers reached out to the latter with their own messages in an attempt to warn the hacker. They asked their own hacker to be vigilant and warned them against the purported decryption software, stating that the simplest thing to do would be to return the funds. In a separate interaction, they stated, “Do not try to view that message under any circumstance. Do not enter your private key anywhere. Reminder that your machine may be also compromised.” Is The Euler Hacker A Target? The Ronin hackers’ attempts to reach out to the Euler hacker could be a veiled attempt to get access to the latter’s private key and steal the assets contained in the wallet. However, despite the speculation, the true motives of the message still remain unclear. A former developer at the Ethereum Foundation, Hudson Jameson, stated, “In my opinion, it is unknown why they are asking, but it definitely could be an attempt to see if the Euler hacker falls for a phishing attempt.” Others, such as the co-founder of security audit firm Zellic.io, Stephen Tong, speculated that the encrypted message could very well have contained an offer for the Euler hacker. However, he stated that this is something we could never know as the message could only be decrypted with the private key. Meanwhile, Euler Finance continued its efforts to negotiate with the hacker, with the hacker responding that they wished to make it easy on those affected and had no intention of keeping what wasn’t theirs. The hacker concluded their message by stating that they would communicate shortly. Or Was Lazarus Behind The Hack The Entire Time? However, blockchain intelligence firm Chainalysis has stated that a tiny portion of the ETH stolen during the Euler hack was sent to an address that had received funds from the Lazarus Group. These funds were tied to the $625 million hack of the Ronin Bridge. Most of those funds were run through the Tornado Cash mixing service, and some funds used to launch the Euler attack also came from a Tornado Cash account. However, Chainalysis added that it could be possible that the funds could be an attempt to misdirect others by another hacking group. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Balaji Srinivasan says his $2 million bet on Bitcoin reaching $1 million isn’t about money, but about proving a point.

The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”

Software developer Cam Crews compiled data showing almost $102 million being filed with the courts and $42 million estimated to be filed eventually.

Web3 gaming developers will be able to build on a new zero-knowledge Ethereum Virtual Machine that aims to increase ownership rights for players and take on the big gaming corporations.

Goldman Sachs said bitcoin has outperformed IT stocks, Nasdaq 100, S&P 500, gold, and many other investment instruments.

The commitment comes ahead of next month's launch of EOS Ethereum Virtual Machine (EVM).

Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.

The ever-growing and unpredictable crypto market can be intimidating, with numerous tokens vying to make a place in the crypto world. But which ones are gaining more traction among investors and traders? Terra Classic (LUNC), Monero (XMR), and DigiToads (TOADS) have caught the public’s attention. Let’s explore each in detail to understand their potential better. […]