Dubai’s Future Blockchain Summit 2024
Dubai is once again taking center stage in the blockchain world with the Future Blockchain Summit 2024, scheduled to take place from October 13 to 16 at the iconic Dubai Harbour. This annual event, now recognized as the premier blockchain gathering in the MENA region, promises to bring together over 1,200 investors, 120 exhibitors, and 150+ speakers from more than 50 countries.
PancakeSwap Announces V4 Update Following $836 Billion Trading Volume Milestone
PancakeSwap, a leading decentralized exchange (DEX) on Binance Smart Chain (BSC), has officially announced its V4 update, which is set to enhance liquidity provision, scalability, and interoperability. This announcement comes after the platform reached an impressive $836 billion in cumulative trading volume, a major milestone in its four years of operation
NFT Projects Boost Community Engagement with Airdrops and Exclusive Content for Holders
Pudgy Penguins has introduced eligibility for the zkSync Airdrop, a strategic move designed to reward holders of the project’s NFTs. Airdrops like this have become a staple in the blockchain space, giving users additional tokens or NFTs simply for owning a specific asset. In Pudgy Penguins’ case, the airdrop aims to strengthen user loyalty by providing direct, valuable rewards to those who remain committed to the community
Ripple Co-founder Chris Larsen Leads $10 Million Investment in DeFi Protocol
In a major boost for decentralized finance (DeFi), Chris Larsen, co-founder of Ripple, has led a $10 million seed funding round for Yellow Network, a DeFi protocol designed to improve liquidity aggregation and reduce slippage in decentralized trading. This investment signals growing institutional interest in DeFi technologies as the space continues to evolve.
Major Security Breach on Delta Prime: Hacker Drains $6 Million in Assets
In a significant attack on the decentralized finance (DeFi) platform Delta Prime, a hacker managed to exploit a vulnerability in the system’s token minting process, draining over $6 million in assets. Operating on the Arbitrum network, Delta Prime was compromised after the attacker gained control of the platform’s admin account, reportedly by stealing the developer's private key.
USDT on TON Chain Surpasses $1 Billion in Circulating Supply
Tether’s USDT stablecoin has reached a new milestone, surpassing $1 billion in circulating supply on The Open Network (TON), according to data from Token Terminal. This significant achievement underscores USDT's dominance as the leading USD-backed stablecoin, outpacing its rivals like Circle’s U.S. Dollar Coin (USDC).
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