Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Experts: $160M Stolen from Wintermute Are Linked to Profanity
Reading Time: < 1 minuteThe unknown attacker who stole $160 million from market maker Wintermute exploited a vulnerability in the Profanity tool.
DTCP Launches a Web3-centered $300M Fund
Reading Time: < 1 minuteVenture capital firm Digital Transformation Capital Partners (DTCP) has recently announced it has created its third fund with $300 million in assets.
Sweat Economy’s Release on NEAR Breaks Records in Crypto Industry
Reading Time: < 1 minuteSweat Economy last week successfully launched on NEAR
18% of Blocks in Updated Ethereum Are Created Using MEV
Reading Time: < 1 minute18% of the blocks on the Ethereum network were generated using MEV, providing additional staking rewards to validators.
Miner Bitdeer Acquires Jihan Wu’s Le Freeport Vault for $28M
Reading Time: < 1 minuteMining service provider Bitdeer has recently acquired physical asset storage Le Freeport in Singapore for reportedly $28.4 million.
Australian Senator: “The Digital Yuan is a Threat to National Security”
Reading Time: < 1 minuteSenator Andrew Bragg of the Australian state of New South Wales has announced a new digital asset bill.
WhiteBIT Becomes Netflix’s Crypto Partner
Reading Time: < 1 minuteThe CEO of crypto exchange WhiteBIT has said the platform has entered into a partnership with the European branch of Netflix.
Ankr Joins Forces with Polygon to Enhance Web3 Building Experience
Reading Time: < 1 minuteAnkr, a company that has built out the largest global node network in the industry, has just teamed up with decentralized Ethereum scaling platform Polygon.
Animoca Brands Intends to Buy Blockchain Game Developer MotoGP Championship Quest
Reading Time: < 1 minuteBlockchain game operator Animoca Brands has recently announced it plans to purchase WePlay Media studio, the developer behind MotoGP Championship Quest.
TrueLayer Will Lay Off 10% of its Employees
Reading Time: < 1 minuteOpen banking startup TrueLayer has announced it intends to cut headcount by 10%.
Infura Team Plans to Launch a Decentralized Infrastructure Network
Reading Time: < 1 minuteInfura has announced that it plans to launch an open source decentralized protocol.
Charles Hoskinson: The Hype Around The Merge is Excessive
Reading Time: < 1 minuteThe transition of the Ethereum network to the Proof-of-Stake consensus algorithm did not affect blockchain performance, transaction costs or liquidity.
Binance Invests in Aptos Labs
Reading Time: < 1 minuteThe venture capital arm of Binance has recently announced it has made a strategic investment in Aptos Labs, a startup created by former Meta employees.
Cloudflare Will Support Gateways for The Merge
Reading Time: < 1 minuteCloudflare, a Network service provider, has announced gateways support for the transition of the Ethereum network to the Proof-of-Stake (PoS) consensus algorithm.
Huobi Signs Agreement with Busan to Develop Blockchain Industry
Reading Time: < 1 minuteHuobi Global and its local subsidiary Huobi Korea have recently signed a memorandum of understanding (MoU) with the government of the Korean city of Busan.
Joseph Lubin: Ethereum’s The Merge is 3rd Major Event in Industry
Reading Time: < 1 minuteJoseph Lubin has said that the transition of the Ethereum network from PoW to the Proof-of-Stake (PoS) consensus algorithm will be “extremely efficient.”
Ankr Teams Up with ssv.network for More Secure Form of ETH Liquid Staking
Reading Time: < 1 minuteAnkr has recently joined forces with sv.network, a decentralized staking infrastructure that enables the distributed operation of an ETH validator.
Filecoin Project RRMine to Move to Singapore
Reading Time: < 1 minuteThe largest Chinese service provider on the Filecoin network is moving its business to Singapore.
Russia Plans to Introduce Cryptos into the Country’s Civil Code
Reading Time: < 1 minuteRussia has recently proposed to legalize cross-border crypto transactions in 2023, however, this will require changes in the Civil Code.
Northzone Attracts €1 Billion for an Investment Fund Focused on Web3
Reading Time: < 1 minuteNorthzone, a British venture capital firm, has recently raised €1 billion for a fund focused on investments in crypto and fintech startups.
South Korea Resident is Sentenced to Prison for Metaverse Harassment
Reading Time: < 1 minuteA 30-year-old resident in South Korea has been sentenced to four years in prison for sexually harassing minors in an unnamed “popular” metaverse.
Wyre and Bolt Withdraw from $1.5B Deal
Reading Time: < 1 minuteFintech company Bolt Financial Inc. and blockchain startup Wyre Payments have recently terminated an agreement.
Fireblocks Annual Revenue Hits $100M
Reading Time: < 1 minuteCrypto company Fireblocks has announced it has reached $100 million in annual revenues.
Huobi Receives Green Light to Operate in the Virgin Islands
Reading Time: < 1 minuteThe British Virgin Islands Financial Services Commission has granted Huobi Group a license to operate a virtual asset trading platform.
Japanese Government Releases NFTs to Reward its Officials
Reading Time: < 1 minuteThe Japanese government has just issued non-fungible tokens (NFTs) as a reward for local officials who excel in the use of digital technologies.
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