Wormhole Awards $10M to White-Hat Hacker in Bounty Program

Wormhole has awarded $10 million to a white-hat hacker who reported a bug in its Ethereum core bridge contract. This is part of the bounty program announced in February after losing $323 million to an exploit. Sponsored Sponsored The bug in question “was an upgradeable proxy implementation self-destruct bug that helped prevent a potential lockup … Read more

This Week in DeFi – April 1

To the DeFi community, This week the Fantom Foundation has announced a brand new incentive program, this time allocating 335 million FTM tokens – worth almost $550M – to boost development on the network. The foundation is working in partnership with Gitcoin, using the organization’s Quadratic Funding system to match contributions for participating projects. Launching … Read more

This Week in DeFi – February 4

To the DeFi community, This week, the team behind DeFi Pulse and Index Coop launched Kuiper, a DeFi protocol for index tracking. Kuiper allows participants to variously propose, issue assets into, rebalance and hold tokens that serve as index baskets. The protocol also prioritizes DeFi principles of being permissionless and credibly neutral, with the protocol … Read more

This Week in DeFi – November 12

To the DeFi community, This week, Solana-based DEX Raydium announced a partnership with liquidity aggregator Serum to kickstart cross chain transactions with liquidity mining rewards. ERC20 tokens for popular protocols including dYdX, Uniswap, And Axie Infinity will get new incentivized trading pools over the coming weeks, with assets bridged using Wormhole. https://mobile.twitter.com/RaydiumProtocol/status/1457736264904445955   Wrapped token … Read more

Wormhole 2.0 Mainnet Launch Links Smart Contracts

Wormhole, a Solana Labs-backed multichain connector, launched its mainnet. This new protocol aims to bring the key issue of interoperability to the forefront of the DeFi conversation. Sponsored Sponsored In a world increasingly open to innovation and fast-paced development, communication is of the utmost importance. That’s the ethos of the multichain connector Wormhole. The company … Read more