Platform

DeFi platform Oasis to block wallet addresses deemed at-risk

According to a new community Discord post on Thursday, decentralized finance platform Oasis.app says that sanctioned addresses will no longer be able to access the application. As a result of the change to the terms of service, wallets flagged as high risk are prohibited from using Oasis.app to manage positions or withdraw funds. Instead, such …

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South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover

In the existing version, users interact through avatars, which they can personalize with virtual accessories. A marketplace called Zepeto Studio allows third parties – from small digital artists to global fashion brands like Gucci and Nike – to sell customized virtual accessories. In the four years since Zepeto launched, participants have purchased 2.5 billion of them. Source …

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Blockchain Analytics Platform Merkle Science Raises $19M to Take on Bridge Exploits

“We’re seeing a lot of bridge protocols getting hacked. A large amount of R&D needs to be invested in that area,” Merkle co-founder and CEO Mriganka Pattnaik said in an interview with CoinDesk. “From a market perspective, they are very valuable, but since they are so new and relatively complex, there’s a large number of …

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Crypto lending platform Hodlnaut suspends services due to liquidity crisis

Singapore-based crypto lending platform Hodlnaut has become the latest firm to suspend withdrawals, and deposits blaming market conditions and lack of liquidity. The crypto lending firm made an official announcement on Aug. 8, claiming that market conditions have forced it to suspend its services and that it is actively working on recovery plans.  Dear users, …

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Multi-Blockchain Platform Geeq Receives $25M ‘Capital Commitment’ From Investment Group GEM

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