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Lifi Finance Hit by $8 Million Exploit, Warns Users to Avoid Applications
16.7.2024
According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain...
MoonPay and Christie’s dip into AI-generated art with new ‘Web3 Tools’
16.7.2024
More bridges between Web3 and generative AI are being built as the luxury art auctioneer Christie’s and MoonPay unveil a new art experience at the eighth Art + Tech Summit in a unique gamified event
Sam Altman's Worldcoin Surges 15% as Investor and Team Lockup Extended
16.7.2024
Decentralized identity project Worldcoin has announced that it is extending lock ups for early investors and team members, the project's native token (WLD) rose by 13% after the announcement was published
Twitch Fans Spark $30K Bidding War Over Chance To Game With Pokimane
16.7.2024
How much would you pay to game with your favorite online personality? For Imane “Pokimane” Anys, the answer for multiple people out there is “over $30,000.” Fans, AKA internet strangers, are currently in a low-key bidding war for an exclusive one-on-one gaming session with the Twitch icon as...
What Does It Actually Take to Build a Blockchain?
16.7.2024
Focus on builders, builders and builders. After liquidity, they are key to success, says Azeem Khan, co-founder of MorphL2
Defi Protocol LI.FI Struck by $8M Exploit
16.7.2024
Decentralized finance (DeFi) platform LI.FI protocol has been hit by an exploit worth around $8 million following a series of suspicious withdrawals, on-chain data shows
Pixelverse to put Pudgy Penguin character on Telegram mini game
16.7.2024
A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW
From Microstrategy to Gamestop — Backed Introduces 5 New Tokenized Equities
16.7.2024
Backed, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized...
LiFi Protocol is under attack, $8M drained so far
16.7.2024
LiFi Protocol faces a security breach as hackers exploit a specific contract address, leading to the loss of over $8 million in cryptocurrencies
Meme Coins Outperform BTC, ETH and SOL as Traders Rotate Holdings
16.7.2024
The $53 billion meme coin sector rose by more than 12% on Tuesday with the likes of pepe (PEPE) and dogwifhat (WIF) surging by 22% and 25% respectively, data from CoinGecko shows
Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs
16.7.2024
Institutional investors will be able to buy bitcoin futures at below-market rates from miners using sustainable energy
Proof of funds technology seeks to replace exchanges’ reserves reports
16.7.2024
Data lake provider TRES is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand
Crypto Exchange Kraken Signs Sleeve Sponsorship Deal With Premier League Club Spurs
16.7.2024
Last week, Kraken announced an equivalent deal with Spanish soccer team Atlético Madrid, meaning the company now has a presence in both England's Premier League and Spain's La Liga
Kraken and Tottenham Hotspur score big in crypto partnership
16.7.2024
Kraken is now Tottenham Hotspur’s first official crypto and Web3 partner, with the goal of boosting fan engagement and increasing awareness about cryptocurrency
African blockchain venture funding down 74% in H1 2024: CV Labs
16.7.2024
CV VC noted that Africa’s higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges
Cambodian Firm Receives $150K in Crypto From North Korean Hackers
16.7.2024
A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked...
Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth
16.7.2024
The decentralized GPU network puts unused capacity to work for gaming, AI, smartphones and edge computing
Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution
16.7.2024
According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent...
Tokenized US treasuries could reach $3B by end of year
16.7.2024
Tokenization could be a multi-trillion market opportunity, according to the world's largest management consulting firm
Coinbase publishes a report on corporate blockchain adoption
16.7.2024
Coinbase has published a report on the adoption of blockchain by Fortune 100 and Fortune 500 companies. The report essentially highlights that the majority of surveyed companies are either exploring the concept of crypto and blockchain or are in the final stages. Blockchain is considered...