WEB3
by BSCN
September 23, 2023
A recap of notable news from the week.
Earlier in the week, Ethereum-based Automated Market Maker (AMM) Balancer grappled with a severe security breach which was attributed to a DNS (Domain Name System) attack. Onchain analyst Zach XBT revealed that approximately $238K was stolen due to the exploit.
Find more information here.
Binance Labs, the venture capital arm of Binance, revealed the 12 projects selected for its Season 6 incubation program. This season, set to commence on September 25, will last for two months, offering support to founders and projects across various ecosystems, regardless of blockchain affiliation.
Discover the 12 projects in this article.
Grayscale Investments has filed for a new Ethereum futures ETF, hinting at growing institutional adoption of cryptocurrencies. This move suggests that spot ether may be held in the future once the SEC gains more confidence, offering direct exposure to the underlying asset.
Learn more.
Binance's French legal director, Marina Parthuisot, announced plans to remove all stablecoins from its European offerings by June 30, 2024. This decision comes in response to impending regulatory changes. In contrast, Binance CEO Changpeng Zhao (CZ) refuted the claims, asserting that the exchange's partners would introduce EUR and other stablecoins in Europe, suggesting the discussion had been misconstrued.
Find more information in the article.
Optimism, an Ethereum Layer 2 blockchain, recently distributed its third $OP airdrop, rewarding community members for their participation in governance. A total of 19 million $OP tokens, valued at over $26 million, were airdropped to 31,870 unique wallet addresses, as announced on Twitter. This move is part of Optimism's efforts to encourage active community engagement.
Learn more here.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
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