Latest DeFi bridge exploit results in $4.4M losses for Meter
8.2.2022
Another token bridge suffered a malicious attack where tokens were minted by a hacker through a smart contract exploit, eventually leading to a cascade effect across other DeFi networks
A quarter of people will spend time in the Metaverse by 2026: Research
8.2.2022
The report also estimated that 30% of the organizations in the world will have products and services in the Metaverse by 2026, with brands already gearing up to stake their claims in the digital world
KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury
8.2.2022
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional adoption of crypto assets and blockchain technology will continue to grow...
China’s Winter Olympic Digital Yuan Gets Frosty Reception from Some ‘Foreigners’
8.2.2022
China is continuing in its efforts to wow the world with its digital yuan at the Winter Olympic Games, which got underway on Friday last week. But it appears that not all attendees – both Chinese and overseas visitors – have been blown away by the token’s usability....
Read More: China’s Winter...
Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash
8.2.2022
Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December. The company sees crypto as both an investment and liquid alternative to cash....
Moon: The Lunar Metaverse Launches Revenue Generating NFT Land Sale
7.2.2022
Moon is a brand new economic, and social Metaverse inspired by lunar exploration. Players have the opportunity to acquire NFT land plots, develop a new world, drive its economy and uncover the mysteries of the Moon’s dark side. The limited collection at the best possible value of 1000 land...
ENS dumps director of operations in condemnation of homophobic tweets
7.2.2022
Twitter deleted the tweets in question and suspended Brantly Millegan’s account, preventing him from responding to critics and supporters on the social media platform
Hashstack launches Open protocol testnet, offering under-collateralized loans
7.2.2022
Harmony's Ecosystem Fund financed Hashstack's solution to improving DeFi lending
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
7.2.2022
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3...
Crypto Exchanges are Top Consumers of Bitcoin Block Space, Binance No 1
7.2.2022
Crypto exchanges are now the largest consumers of Bitcoin (BTC) block space – with transactions related to them taking some 40% of that space, found the on-chain analytics firm Glassnode.
The share of block space used by crypto exchanges shows “a general upward trend,” which further...
Bitcoin bulls look to push price above $45K to validate bullish trend reversal
7.2.2022
Bitcoin reclaims support at $44,000, prompting some analysts to suggest closing out longs while looking for a close above $45,000 to signal a bullish trend reversal
Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report
7.2.2022
The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future