MEXC Lists Initia (INIT) with 115,000 INIT & 50,000 USDT Pool

MEXC, a leading global cryptocurrency exchange, announced the listing of Initia (INIT) on April 24, 2025 (UTC), accompanied by a celebratory event featuring a 115,000 INIT and 50,000 USDT prize pool for new and existing users. Initia is the first interwoven optimistic–rollup network, reconstructing multichain architecture with native interoperability and shared liquidity. As a full–stack Layer 1+2 platform, Initia supports both EVM & Move VM, enabling seamless cross–ecosystem collaboration. Developed by veterans from top DeFi and blockchain security teams and backed by YZi Labs(Binance Labs),...

Nextrope Secures Funding to Build an AI Model for Web3 Security

Blockchain security is evolving, and Nextrope is leading the way with an AI-driven platform designed to audit and enhance smart contract security. With a project value of $1 million, this initiative is set to raise the standards of Web3 security. The development is co-financed by the Polish Agency for Enterprise Development (PARP) under the European Funds for a Modern Economy program. AI-Powered Protection for Smart Contracts As DeFi, DAOs, and Web3 applications continue to grow, smart contracts remain vulnerable to...

ARMswap Launches its DeFi Platform

The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this fundamental inefficiency in the current blockchain architecture and introduces a more optimized version of the multi-directional cross-chain swaps and bridges. Simplifying Cross-Chain Transactions “The fragmentation...

CertiK Releases Hack3d: The Web3 Security Report for Q2 and H1 2024

CertiK, the industry leader in blockchain security, announced the release of its latest publication. Hack3d: The Web3 Security Report for Q2 and H1 2024 reports on the state of onchain security over the eventful second quarter and the first half of the year. Hack3d reports are the most detailed and authoritative security reports in the industry, providing the Web3 community with the most comprehensive statistics on onchain hacks, scams, and exploits. In Q2 2024, $688...

Quantstamp launches Novel Economic Exploit Analysis Service

Quantstamp, a global leader in blockchain security, is pleased to announce the launch of its novel service called Economic Exploit Analysis. This exclusive, first-of-its-kind offering allows Quantstamp to uncover flash loan attack vectors in smart contracts through automated tooling before protocols get hacked. The Economic Exploit Analysis service is powered by research from the University of Toronto that Quantstamp advanced and turned into a production-level tool. In the first half of 2023 alone, an estimated $207M was stolen through flash...

CertiK Doubles Its Valuation to $2 Billion in Just 3 Months

Insight Partners, Tiger Global, and Advent International lead an $88 Million investment round for blockchain security company CertiK, bringing the company’s valuation to $2 Billion Interest in the company is as a result of increased crypto losses, with over $1 billion USD lost so far in 2022, while 2021 saw $1.3 billion of crypto assets lost over the entire year. Additionally, events such as blockchain attacks, rug pulls and more have demonstrated the need for...

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