NEW ECONOMY

Balancer, a major DeFi protocol, has suffered a significant exploit, with approximately $116 million drained from protocol vaults. On-chain data shows large, unusual outflows from Balancer’s “0xBA1…BF2C8” address to an external wallet, including 6,587 WETH (~$24.5M), 6,851 osETH (~$26.9M),...

The first-time entrepreneurs are building in public—and, as a result, rapidly expanding their user base. Source link

XRP$2.2533 has dropped 6% in 24 hours, closing in on the lower boundary of its three-week trading range between $2.20 and $2.70. The token is nearing a bearish technical pattern known as the death cross, where the 50-day simple...

Cathie Wood’s ARK Invest increased its position in Bullish crypto exchange on Monday, purchasing about 238,000 shares worth around $12 million across its flagship funds.According to ARK’s daily trade disclosures, the ARK Innovation ETF (ARKK) bought 164,214 shares, the...

Andreessen Horowitz is pausing its Talent x Opportunity (TxO) fund and program, according to four sources familiar with the matter, including more than one founder in the program. The firm announced TxO in 2020 to support founders who do not have access to traditional venture networks. Many...

Entertainment meets blockchain in a seismic leap as a new prediction market lets fans legally participate in federally regulated entertainment event contracts—placing predictions on movies, music, and celebrity moments—merging crypto innovation with mainstream entertainment in a first-of-its-kind experience. Crypto...

The Ethereum Foundation (EF) has overhauled its grants program, shifting from an open application model to a new funding approach under its Ecosystem Support Program.According to a blog post on Monday, grants will now be distributed through two main...

Opinions expressed by Entrepreneur contributors are their own.Key Takeaways Although you’re under pressure to boost conversions during peak season, you must resist the temptation to lower security standards. Thoroughly vet third-party suppliers, as these relationships introduce potential security risks. As the year...