Solana Users Urged to Revoke App Permissions Amid Drain Attack
Solana is allegedly facing large-scale drain attacks tied to meme coins, with developers urging users to secure assets by revoking app permissions. They advise users to protect their assets by removing permissions from their apps. There have been multiple claims of financial losses due to illegal access, purportedly stemming from a wave of drain attacks […]
Arbitrum Foundation Opens Third Phase of Grants Program
Applications for the third phase of the Arbitrum Foundation’s funding plan, which runs from April 15 to the end of June, are now officially open. This phase aims to support dApp projects in various industries, such as gaming, NFTs, social media, DAOs, and defi applications. Through the introduction of grant tracks, the foundation is taking […]
Arrow Markets Launches Crypto Options Trading Platform
Arrow Markets has introduced a new platform to make trading crypto options easier for customers worldwide. Similar to Robinhood’s function in the US stock options trading market, the project aims to close a gap in the market by concentrating on the defi industry. The Avalanche Ecosystem Fund, Framework Ventures, and Delphi Ventures, Arrow Markets hopes […]
Circle USDC Set to Transform zkSync Transactions
Circle integrates USDC with zkSync to boost liquidity usability and streamline cryptocurrency transactions across networks. With the integration, zkSync—a layer 2 scaling solution for Ethereum (ETH) that uses zero-knowledge proofs to boost efficiency and cut costs—has taken a step closer to improving liquidity and usefulness. According to a blog post from Circle: “The forthcoming native […]
OKX Realigns US Compliance Team as Top Priority
The offshore exchange OKX has elevated its U.S. compliance staff to the highest echelon of the company. A strategic change brought about by growing regulatory monitoring of Bitcoin exchanges for their anti-money laundering policies is that the department now commands priority over all other divisions. The restructuring of OKX is in line with a larger […]