Lending protocol Echelon launches debt-driven Move appchain
Echelon, a decentralized lending protocol on Aptos, has launched Echelon Chain, a debt-driven Move appchain. The appchain, built on Initia’s Interwoven Stack, leverages Celestia’s modular blockchain technology, the Echelon team announced on Nov. 28. Echelon Chain’s debut follows the release of the Echelon Roadmap, highlighting over $100 million in total value locked and $132 million […]
Thala protocol resumes operations after $25.5m exploit
Decentralized finance firm Thala has restarted operations a day after the protocol’s liquidity pools were exploited for roughly $25.5 million. In a Nov. 17 X post, Thala notified users that all its offerings have been restored, except its staking service, which is being “patched and audited.” The announcement comes a day after the protocol disclosed […]
Unexplained transfers on LENX protocol spark rug pull concerns
The community speculates about a slow rug pul after mysterious withdrawals from LENX’s treasury. Source link
This omnichain protocol seeks to offer better interoperability for blockchain space
The growth of blockchain space makes interoperability a crucial requirement for decentralized apps to perform efficiently. This omnichain network aims to deliver Source link
SingularityNet, Fetch.AI, Ocean Protocol merger will drive decentralized AI development: ChainGPT CEO
The token merger will drive new resources and create new collaborations to bolster decentralized AI development, ChainGPT’s CEO told Cointelegraph. Source link
