Near Protocol News
03.11 / 01:53
Blockchain
defi
hacks
Exploit
Skyward finance exploit allegedly results in $3 million loss
Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for 1.1M NEAR tokens, worth an estimated $3 million USD at time of publication.
25.10 / 12:45
business
Stablecoin
Altcoin
bail
Near Foundation
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
Near Protocol’s in-house stablecoin, USN, recently became undercollateralized, forcing Near Foundation to recommend winding down USN to prevent a situation similar to the Terra (LUNA) and UST collapse. Supporting this move, the Near Foundation opened up a $40 million fund to protect investors and help them cash out of USN with equal amounts of wrapped Tether (USDT.e).
06.10 / 03:39
Blockchain
Adoption
Google
Cloud Services
Sky Mavis
Google Cloud
Support
Near Protocol partners with Google Cloud to support Web3 devs
Near Foundation has announced a new partnership between Google Cloud and Near Protocol, providing infrastructure for Near’s Web3 startup platform, Pagoda.
23.08 / 15:35
defi
Hackers
Bitcoin
Exploit
Hacker tries to exploit bridge protocol, fails miserably
Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets.
30.05 / 09:43
cryptocurrency
Cronos
CRYPTONEWS
Don’t Miss Out On These Cryptocurrencies To Invest In: Mushe Token (XMU), Near Protocol (NEAR) and Cronos (CRO)
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
12.05 / 19:31
09.05 / 12:23
Blockchain
Adoption
From smart insurance to on-chain document verification: Here’s how NEAR aims to improve Kenya
Kenya-based blockchain community Sankore has partnered with Swiss nonprofit NEAR Foundation to launch a regional hub that aims to develop talent within the region and build projects that aim to improve the local ecosystem.
11.04 / 07:29
Ethereum
Mudrex
stake
Crypto Movement at a Glance: Hawkish Fed spoils mood, Musk's Twitter stake lifts Dogecoin
Ethereum, and other cryptocurrencies fell over the weekend, they regained their winning streak on Sunday. BTC was trading at $46,000 early this week but has dropped to $42,000 after the hawkish comments of the US Federal Reserve. On Friday, BTC traded flat as the market picked up a bit digesting the remarks. While ETH has been performing well since the start of this week, as it is about to unveil its upgrade this year, we can expect the second-largest cryptocurrency to make more significant moves. On Saturday, the global crypto market cap was down by nearly 3 per cent over the past day. BTC, ETH, and other cryptocurrencies are running in red as usual as they dip over weekends.
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