Despite a significant phishing attack on Coinbase, Bitcoin demonstrates strength with substantial exchange outflows and Aave reaches a record TVL. This week in DeFi saw resilience and growth.
Tag: Data
Blockchain Gaming: User Activity Dips in April, Ecosystem Shows Signs of Long-Term Health
DappRadar reports a decline in blockchain gaming user activity in April, but highlights infrastructure growth and a shift towards sustainable models as indicators of a maturing and healthier ecosystem.
Coinbase Hit by $20M Extortion Attempt: Insider Phishing Attack and $400M Reimbursement Plan
Coinbase faces a potential $400 million bill after a phishing attack orchestrated by bribed overseas support agents compromised user data. The exchange refused to pay a $20 million ransom and instead offered a reward for the attackers’ capture. Learn about the details of the breach, Coinbase’s response, and the growing threat of social engineering scams in the crypto space.
Solana Co-founder’s Meta Blockchain Proposal: Unifying Data Across Blockchains
Anatoly Yakovenko, Solana Labs co-founder, proposes a ‘meta blockchain’ solution to address blockchain fragmentation and enhance interoperability by aggregating data across various layer-1 chains like Ethereum and Solana.
AI Decentralized Apps (DApps) Surge, Challenging Web3 Dominance: A Detailed Analysis
Explore the rise of AI DApps and their increasing influence in the Web3 ecosystem. Discover how they’re challenging the dominance of gaming and DeFi, driven by innovative use cases and growing user engagement.