The Terra blockchain was officially halted at a block height of 7603700. lcd.terra.dev/blocks/latest Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.

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The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

Mike Dudas of 6th Man Ventures has amassed the bulk of $145 million for his second venture fund.

Today, we became aware of errant price behavior for LUNA on Venus Protocol. Upon investigation, it was learned that the price feed had been…

The Terra blockchain has officially halted at block 7607789.

Terra Validators have halted the network to come up with a plan to reconstitute it.

More updates to come.

In a race to remove all bad debt from the Terra ecosystem, Terraform Labs is pulling out all the steps with three emergency actions.

⚠️ twitter.com/Spirit_Swap/st…

It seems a lot of sites compromised: Spiritswap, Etherscan, Coingecko. Be extra careful when approving transactions, and always double-check that you are interacting with the proper smart contract.

How DeFi goes mainstream

A quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between May 8th and May 15th, 2022

Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy efficient for everyone.

Luna Foundation Guard said it spent almost all of the bitcoin in its reserve last week in a futile attempt to save UST.

Web3 claims to be the only way to save us from commercial entities defining what we can see and what not. Yet, it does exactly this: It results in commercialized entities defining what we can see and what not.







More on the blockchain ecosystem in this…

The DeFi platform Scream has racked up a significant amount of bad debt after hardcoding the price of depegged stablecoins to $1.

Use popular Ethereum dapps with Coinbase’s new dapp wallet and browser

Prologue

It feels awfully terrible that we end up here announcing the shutdown of Mushrooms Finance. This final decision is made out of careful…

The 2022 State of Crypto report is a16z crypto's first-ever data-driven overview and analysis of web3 and crypto.