Industry News & Insights
Core Protocol: The Launch Process
Yes, it’s that time. Finally, we reached the significant moment in Q1 of our roadmap, which marks the incoming launch of our most anticipated tool — Core Protocol. A quick reminder of what it will bring into DeFi. Our code detects fraud, freezes, and returns stolen funds. Token creators insert Lossless Core Protocol into their token’s smart […]
DeFi 101: Security is Not a Default Setting
Global blockchain adoption and its inherent evolution into many other popular forms were quite anticipated. And surely, the disruptive technology seems to be living up to expectations on many notes. Some of these include newly evolved forms like decentralized finance (DeFi), Non-Fungible tokens (NFTs), SocialFi, as well as the recently ignited Web3 — a collection of which […]
Understanding the OpenSea NFT Hack
OpenSea, the biggest NFT platform in the crypto industry by number of users and volumes, suffered from a hack. OpenSea has had a total volume of $21.8 billion since the inception of the company. The second-largest platform — Looksrare — has about $5 billion less than that. Among the NFTs stolen are some of the most well-known, including ones […]
Token Minter Brings In Partners: 1Sol x Lossless
A quick reminder of what our Token Minter’s mission is — it’s a secure and intuitive tool for projects to deploy their tokens with an immediate Core Protocol integration. No coding experience is required and tokens are launched in seconds which comes with a combination of a Hacken report. Our team is always excited to see more […]
Down the Rabbit Hole of the Wormhole Hack
$323 million was stolen by hackers. This is the fourth-biggest crypto theft ever. What is Wormhole and how did this happen? Wormhole is an infrastructure protocol on the Solana blockchain. On top of it Portal is built, a bridge that allows its users to wrap tokens and issue the same token on a different layer-1 […]
New Lossless Team Member: Meet Arūnas!
Lossless team is further expanding and acquiring new talents. We have a fresh addition to our team in the tech division. Meet our new Developer — Arūnas! Welcome to the team! Growing our team is inevitable with the goals Lossless has in store. We asked Arūnas a few questions to better introduce him to the community. Here’s […]