Blockchain
Hacken to Launch DualDefense Flash Pools, Crowdsourced Audit Rewards
Hacken, a leading blockchain security auditor, announces the upcoming launch of DualDefense Flash Pools, a platform that combines real yield with community-driven security enhancements in decentralized finance (DeFi). Scheduled to go live in the coming weeks, this product aims to address existing shortcomings in the sector by offering sustainable financial models and robust security measures.
In the DualDefense model, clients request an audit from Hacken, which conducts a thorough security assessment of their project’s code. After completing its own audit, Hacken opens a 30-day smart contract-based DualDefense Flash Pool. The Hacken team contributes USDC into the Flash Pool, and $HAI token holders can stake their tokens as well. Independent security researchers from the HackenProof platform are then invited to review the code. If they discover any critical vulnerabilities, they earn rewards from the Flash Pool.
Clients benefit from enhanced security and comprehensive protection at no extra cost, while $HAI stakers can earn up to 180% APY from the Flash Pool. This model ensures that returns are not generated from inflationary token emissions that often lead to unsustainable growth and diminished value over time. Users benefit from real market activity, marking a significant shift toward more sustainable financial models in DeFi.
Hacken also introduces the first-ever prediction market tied to audit verification. Unlike traditional prediction markets associated with speculative activities, this tool provides real-world utility for decentralized security practices. Users who stake in the Flash Pool essentially bet that Hacken has performed a thorough audit of the project. As the crypto community stakes $HAI, increasing the size of each Flash Pool, white hat hackers are motivated to join the code audit verification — this approach offers competitive profitability while improving the code security.
“We’re open to feedback in the Web3 world,” says Hacken’s CEO, Dyma Budorin. “We put our skin in the game, bold enough to reveal the results of our work. We’re committed to transparency and trust, striving to improve the industry by making bug bounties accessible to all, even the smallest projects that previously couldn’t afford it. A win-win-win situation for all parties involved.”
Allowing the community to double-check Hacken’s audits is a bold move that puts the company’s reputation on the line for the sake of security. The industry faces significant challenges with projects using poorly secured code. According to industry reports, over $1 billion was lost in 2023 due to hacks and security breaches in DeFi protocols. It continues to remain a critical issue this year, as over $171 million was stolen from DeFi projects in Q2 2024. To address this issue, Hacken adds an extra security check performed by independent security researchers. The project incentivizes them with rewards from the Flash Pool while keeping this completely free for clients.
The company believes that aligning the interests of users, investors, and developers can create a positive feedback loop that promotes sustainable growth and enhances the overall health of the DeFi market. In the upcoming release, Hacken will open bug bounties within Dual Defense Flash Pools even for the smallest and budget-constrained projects — and welcomes other market participants to join this venture. This approach protects every crypto user by raising security standards across the entire industry, while giving participants the chance to earn significant returns.
The post Hacken to Launch DualDefense Flash Pools, Crowdsourced Audit Rewards appeared first on HIPTHER Alerts.
Blockchain
Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)
Introduction
The blockchain and cryptocurrency industry continues to evolve, with major advancements in institutional adoption, regulatory modernization, and innovative applications. Today’s roundup covers Dogecoin’s new blockchain strategy, the U.S. Army’s use of blockchain for tracking aid, notable blockchain startups, domain challenges for Web3 companies, the first AI blockchain agent, and Luxembourg’s legal updates for custody chains. Let’s break down the biggest headlines shaping the future of blockchain technology and decentralized finance.
Dogecoin Unveils Strategic Blockchain Movement
Expanding Beyond a Meme Coin
Dogecoin, often viewed as a lighthearted cryptocurrency, is making serious strides toward blockchain utility with a new strategic initiative aimed at expanding its use case beyond simple transactions. The Dogecoin Foundation has announced plans to integrate layer-2 solutions, smart contracts, and interoperability features, potentially positioning DOGE as a serious competitor in the decentralized finance (DeFi) space.
This move signals a shift in the perception of Dogecoin, which has long relied on community-driven momentum. With the new strategy, DOGE could become an integral part of the growing Web3 ecosystem.
Source: Crypto Briefing
U.S. Army Utilizes Blockchain for Aid Tracking in Ukraine
Military Adopts Emerging Tech for Transparency
The U.S. Army is leveraging blockchain, big data, and generative AI to track billions of dollars in aid sent to Ukraine. This marks a significant step in blockchain’s adoption by governments and defense agencies to enhance transparency and prevent fraud.
By using blockchain for immutable record-keeping, military officials aim to improve logistics tracking, reduce inefficiencies, and ensure secure auditing of aid distribution. This could set a precedent for future government adoption of blockchain-based verification systems.
Source: Breaking Defense
10 Blockchain Startups to Watch in 2025
Innovation Driving the Next Wave of Web3
A new report highlights ten emerging blockchain startups poised to disrupt industries from finance to supply chain management. These companies are working on scalable smart contracts, decentralized identity solutions, and improved cross-chain interoperability.
Among the standout names are startups focusing on privacy-preserving transactions, institutional DeFi tools, and real-world asset tokenization, reinforcing blockchain’s growing role in mainstream finance and enterprise adoption.
Source: Yahoo Finance
Web3 Companies Struggle with Domain Name Challenges
Decentralization vs. Traditional Domain Ownership
As blockchain companies push forward with Web3 adoption, many are encountering significant hurdles in securing relevant domain names. Unlike traditional domains governed by ICANN, blockchain-native domains such as .crypto and .eth exist outside standard regulatory frameworks, leading to disputes and accessibility issues.
Industry experts are calling for greater collaboration between blockchain projects and domain registrars to ensure seamless Web3 adoption while maintaining online accessibility for users.
Source: Domain Name Wire
Klaus Agent Becomes the First Blockchain AI to Use Custom DeepSeek Model
AI and Blockchain Converge
The Klaus Agent, an AI-powered blockchain agent, has integrated the DeepSeek AI model to enhance decision-making, smart contract automation, and decentralized application (dApp) intelligence. This innovation represents a major step in merging artificial intelligence with blockchain networks, allowing for more sophisticated automation in DeFi, NFT trading, and DAO governance.
As AI and blockchain continue to converge, the potential for autonomous smart contract execution and predictive analytics is expected to grow, leading to more efficient decentralized systems.
Source: GlobeNewswire
Luxembourg Modernizes Custody Chain Laws for Blockchain
A Legal Framework for Tokenized Assets
Luxembourg, a key financial hub in Europe, has updated its custody chain regulations to accommodate blockchain-based assets. These changes are designed to facilitate institutional adoption of tokenized securities and digital asset custody solutions.
By providing a clear regulatory framework, Luxembourg aims to attract fintech firms, investment funds, and digital asset custodians, further strengthening its position as a leader in blockchain finance.
Source: National Law Review
Conclusion
The latest blockchain developments underscore the rapid evolution of the industry, from Dogecoin’s strategic shift to military adoption of blockchain for transparency. As AI and blockchain begin to merge, and governments refine regulations, we are witnessing a pivotal moment in decentralized technology.
With institutional interest growing and regulatory frameworks taking shape, blockchain and Web3 technologies are moving closer to mainstream acceptance. Stay tuned for the next Blocks & Headlines briefing as we continue to track the most significant trends shaping the future of decentralized finance and digital assets.
The post Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3) appeared first on News, Events, Advertising Options.
Blockchain
Fintech as a Service Business Research Report 2025: Global Market to Reach $1.1 Trillion by 2030 from $387 Billion in 2024 – SMB Adoption of Fintech Services Spurs Market Expansion Opportunities
Fintech as a Service (FaaS) Market
Blockchain
From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity
The post From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity appeared first on News, Events, Advertising Options.
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