Industry News & Insights
Tokenized RWAs: Security, The Key To Mass Adoption
Ask anyone in the Web3 space what the ultimate goal is, and chances are you’ll hear: mass adoption. Bridging the gap between DeFi and TradFi remains perhaps the most elusive goal that could unlock trillions in value. One good approach is to tokenize real-world assets (RWAs)—i.e., link physical assets to the blockchain. The potential is […]
Introducing The Lossless Cyber Cell Initiative
In the ever-evolving landscape of digital security, Lossless is proud to announce a first-of-its-kind initiative, aimed at bolstering the community’s defenses against cyber threats: the Lossless Cyber Cell. This initiative is a commitment to the well-being of our community and underscores the critical importance of keeping everyone informed and vigilant in the dynamic Web3 environment. […]
Script Network relaunches with Lossless Protocol
Lossless Protocol is excited to announce our partnership with Script Network in their token relaunch. This partnership emerges in the wake of a sophisticated attack on Script Network, which highlighted the need for reinforced security measures. Background of the Attack On December 28th, 2023, Script Network was targeted by a state-level cyber attack, compromising one […]
Lossless Protocol Recovers 24 Million $RING Tokens Locked in the Multichain Bridge Exploit
Following our recent success in recovering 119,000 PYR tokens for Vulcan Forged, we are proud to announce another significant achievement: the recovery of approximately 25% of the total RING tokens in circulation from the Multichain bridge exploit. This operation was initiated in response to the devastating Multichain bridge hack, which led to over $130 million […]
2023 in Review: Biggest Lossless News of the Year
What a year… 2023 has been nothing short of extraordinary for Lossless and our community of Web3 security enthusiasts. Despite adverse market conditions, we have managed to make great strides in product development, community building, business reach, and ecosystem expansion. Since the launch of AegisV2 we have managed to more than double our user base. […]
November Development Update
As we step into November, our team at Lossless is excited to share a series of significant advancements and features, with the Aegis dApp taking center stage. The Aegis dApp, a standout addition, is redefining how we monitor wallet activities, offering users a more intuitive and effective way to stay informed about their blockchain transactions. […]