NPM token holders rejoice! veNPM is LIVE on Arbitrum! 🎉

NPM holders can now lock tokens for veNPM & gain:
🔱 Increased voting power on NPM emissions distribution
🔱 Boosted NPM rewards for LPs
🔱 Influence over cover pool growth

Full details ⤵️
https://neptunemutual.com/pressroom/neptune-mutual-launches-venpm/

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https://twitter.com/neptunemutual/status/1778821340465713640

Explore the diverse avenues for earning rewards at Neptune Mutual 🔱🎁

Whether you're providing liquidity, reporting incidents and bugs, or participating in community contests, there's something for everyone in our ecosystem 🫡

Dive into the world of DeFi rewards 👇
https://neptunemutual.com/blog/different-ways-to-yield-rewards-at-neptune-mutual/

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https://twitter.com/neptunemutual/status/1779751856501100870

Weekly Highlights:

🔱 Over $5.26 million was lost in multiple DeFi hacks.
🔱 Animoca Brands Japan is set to launch a new NFT launchpad.
🔱 Samsung joined forces with Polygon, OpenSea, and Ledger for the NFT TV Bundle.

Detailed Report 👇
https://community.neptunemutual.com/t/weekly-report-apr-15/323

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https://twitter.com/neptunemutual/status/1779804713115963818

🚨Sumer Money was exploited on the Base chain due to a lack of reentrancy protection, allowing the manipulation of the underlying assets, which resulted in a loss valued at approximately $310,000.

Discover more about the exploit in this blog👇
https://neptunemutual.com/blog/how-was-sumer-money-exploited/

Like, RT:
https://twitter.com/neptunemutual/status/1779879803962679745

🚨The SQUID Game Coin was exploited on the BNB chain due to a faulty logic design within their swap contract, which resulted in a loss of assets worth approximately $87,000.

Discover more about the exploit in this blog👇
https://neptunemutual.com/blog/analysis-of-the-squid-game-coin-exploit/

Like, RT:
https://twitter.com/neptunemutual/status/1780158680660316498

As DeFi continues to expand its reach, the emergence of security tokens demands robust frameworks for legal adherence. Enter ERC-1404, a game-changer for token compliance 🫡

Discover its purpose, evolution, and significance in our Spotlight Tuesday 👇
https://neptunemutual.com/blog/what-is-the-erc-1404-token-standard/

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https://twitter.com/neptunemutual/status/1780248032618881385

Our weekly tech update has been published. Please click the link below to stay informed about the recent development activities happening in the protocol.

https://community.neptunemutual.com/t/tech-team-update-week-15-2024-neptune-mutual/324

🚨Grand Base was exploited on the Base chain due to the compromise of private keys of their deployer wallet, which resulted in a loss of 808.57 ETH worth of assets, amounting to approximately $2.5 million.

Discover more about the exploit in this blog👇
https://neptunemutual.com/blog/understanding-the-grand-base-exploit/

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https://twitter.com/neptunemutual/status/1780566616943530186

Neptunites 🔱
Get ready to vote! 🗳️

The Governance Proposal for Gauge Controller Epoch #1 is now open for voting for Prime dApps and Popular DeFi Apps on Arbitrum.

Vote on Snapshot now ⤵️
https://snapshot.org/#/npmgov.eth/proposal/0x1ebb473cc4e5d21ff5888c27d0e6ee85eb49f1df1897934bc11fb221be3c628d

⏰ Voting ends April 27th.

Like, RT:
https://twitter.com/neptunemutual/status/1780597046686195751

🚨 Hedgey Finance was exploited due to a lack of input validation leading to unauthorized token approvals, resulting in a loss of $2.1 million on the Ethereum Mainnet and $42.6 million worth of assets on Arbitrum, totaling approximately $44.7 million.

Detailed Report👇
https://neptunemutual.com/blog/analysis-of-the-hedgey-finance-exploit/

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https://twitter.com/neptunemutual/status/1781343812574458161

DeFi insurance protocols are the safety net against the risks in the crypto world.

We, Neptune Mutual stand out in the space with quick and predictable payouts, stablecoin liquidity, community governance, and rewards.

Find out more in the article 👇
https://neptunemutual.com/blog/neptune-mutuals-offerings-for-defi-insurance/

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https://twitter.com/neptunemutual/status/1781693482068799781

Weekly Highlights:

🔱 Over $80.2 million was lost in multiple DeFi hacks.
🔱 Adidas and Stepn joined forces to launch the Solana NFT Sneakers.
🔱 Fansland introduces NFT ticketing for the Bangkok Music Festival.

Detailed Report 👇
https://community.neptunemutual.com/t/weekly-report-apr-22/325

Like, RT:
https://twitter.com/neptunemutual/status/1782352241367580903

DePIN transforms physical infrastructure with blockchain and IoT, guaranteeing autonomy, transparency, and accessible resources like energy and transportation.

Learn more about its concept and benefits in Web3 in our Spotlight Tuesday👇
https://neptunemutual.com/blog/understanding-depin-and-its-benefits-in-web3/

Like, RT:
https://twitter.com/neptunemutual/status/1782777398854816007

Our weekly tech update has been published. Please click the link below to stay informed about the recent development activities happening in the protocol.

https://community.neptunemutual.com/t/tech-team-update-week-16-2024-neptune-mutual/326

🚨 Yiedl was exploited on the BNB chain due to insufficient parameter validation, which resulted in a loss of 260 BNB, worth approximately $160,000.

Discover more about the exploit in this blog👇
https://neptunemutual.com/blog/taking-a-closer-look-at-the-yiedl-exploit/

Like, RT:
https://twitter.com/neptunemutual/status/1783854207642050932

Neptune Mutual enables projects to create Dedicated and Diversified cover pools to protect their communities.

Whether you're an LP or a cover creator, our cover pools offer substantial benefits and opportunities for growth. 🚀

Dive into the details in our latest blog! 👇
https://neptunemutual.com/blog/cover-pool-categories-at-neptune-mutual/

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https://twitter.com/neptunemutual/status/1784610834573905949

🚨XBridge was exploited on the Ethereum Mainnet and the BNB chain due to a faulty smart contract implementation caused by a lack of regulated access control, which collectively resulted in a loss of assets worth approximately $1.44 million.

Detailed Report👇
https://neptunemutual.com/blog/understanding-the-xbridge-exploit/

Like, RT:
https://twitter.com/neptunemutual/status/1784829444466614326

Weekly Highlights:

🔱 Over $2.22 million was lost in multiple DeFi hacks.
🔱 Manchester City partners with OKX to launch an exclusive NFT collection.
🔱 Trust Wallet and GoMining unveil the Trust Box NFT collection.

Detailed Report 👇
https://community.neptunemutual.com/t/weekly-report-apr-29/327

Like, RT:
https://twitter.com/neptunemutual/status/1784870435470905734

Our weekly tech update has been published. Please click the link below to stay informed about the recent development activities happening in the protocol.

https://community.neptunemutual.com/t/tech-team-update-week-17-2024-neptune-mutual/328

EIP-3074 introduces sponsored transactions on Ethereum, enhancing user experience with dApps and gas sponsorship.

But what exactly is EIP-3074? 🤔

Dive into our Spotlight Tuesday to learn more about its benefits, challenges, and how it complements account abstraction 👇
https://neptunemutual.com/blog/understanding-eip-3074-and-its-benefits/

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https://twitter.com/neptunemutual/status/1785325270703972798