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DeltaPrime exploited, BounceBit launches, Arbitrum TVL grows, and other Web3 news

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  • The DeltaPrime protocol was exploited for $4.8 million in digital assets, contributing to a rise in crypto hacks in 2024, which have already seen nearly $2 billion stolen this year.
    🔗Cointelegraph
  • BounceBit is a new Layer 1 blockchain platform that features cross-chain compatibility, a dual-token system, premium yield generation, and regulated custody, aiming to bridge decentralized and centralized finance.
    🔗Binance
  • Arbitrum, a leading Layer 2 solution on Ethereum, has a total value locked (TVL) of $2.73 billion, with significant contributions from lending platforms like AAVE and derivatives exchanges like GMX.
    🔗Blockchain Reporter
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