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Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...
Blockchain forensics firm finds millions in sanctioned crypto wallet
15.3.2022
Elliptic has discovered a dubious crypto wallet with “significant crypto-asset holdings” in the millions of dollars
Crypto quant firm Gauntlet valued at $1B following Series B
14.3.2022
The company has found a strong niche in the DeFi sector, with projects like Aave and Compound among its biggest clients
Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders
12.3.2022
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full...
Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
11.3.2022
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors...
Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries
11.3.2022
Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order...
Warner Bros. to Launch Hybrid Physical and Digital DC Comics-Themed NFT Trading Cards
10.3.2022
The multinational mass media and entertainment conglomerate Warner Bros. has announced the firm is working with Cartamundi Group in order to launch DC Comics-themed hybrid trading cards. DC multiverse fans can leverage the Hro application in order to gain access to their favorite DC superheroes...
Romanian central bank approves blockchain firm Elrond to buy Twispay
10.3.2022
Elrond's main goal is to implement Twispay's e-money license for issuing stablecoins that can be used in the European Union
Elrond Network Acquires Payments Firm Twispay, Wins E-Money License
10.3.2022
Elrond said the approval to issue regulated e-money across Europe was granted by the National Bank of Romania
Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas
9.3.2022
On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive...
Griffin Gaming Partners Launches $750 Million Gaming and Web3 Fund
9.3.2022
Griffin Gaming Partners, a venture capital firm specializing in gaming-related investments, has revealed the launch of its second gaming-related fund. The fund, which was reportedly oversubscribed, managed to raise $750 million to support gaming initiatives, including Web3-based and blockchain...
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
7.3.2022
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming...
Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities
7.3.2022
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital role in promoting national security” and the acts can help deter...
Global council adds DeFi banking firm Scallop to help secure payment data
7.3.2022
Scallop will help create awareness and drive the adoption of the PCI Security Standards
NFT Infrastructure Provider Rarify Gets $10 Million Investment in Series A Funding Round Led by Pantera Capital
5.3.2022
Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The round was led by Pantera Capital, a leading cryptocurrency-based venture capital firm. The company has now reached a reported valuation of $100 billion...
Citadel Plans to Start Making Markets in Crypto in Coming Months, CEO Ken Griffin Says
5.3.2022
Citadel CEO Ken Griffin, a bitcoin skeptic, admits he has not been right on his crypto call. He now says: “It’s fair to assume that over the months to come, you will see us engage in making markets in cryptocurrencies.” Citadel Getting Into Crypto The CEO and founder...
Attacker Hacks Arbitrum’s Treasure DAO for Over 100 NFTs by Leveraging Marketplace Exploit
4.3.2022
A non-fungible token market platform built on top of Arbitrum called Treasure DAO was hacked on March 3 at 7:33 a.m. (EST), according to a post mortem analysis authored by the security-focused firm Certik. The company’s report notes that “over 100 NFTs were stolen in...
Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles
4.3.2022
On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music...
Lemniscap, Jump Crypto Lead $4M Bet on GameFi Firm metaENGINE
4.3.2022
The metaverse publishing platform is looking to attract developers with a slate of Web 3 gaming tools
Crypto Payments Firm CoinGate Partners with Ukraine Central Bank and IBS to Enable More Crypto Donations
3.3.2022
The Lithuania-based crypto payments processor CoinGate has teamed up with the National Bank of Ukraine (NBU) – the country’s central bank – and the international payments firm International Business Settlement (IBS) to allow crypto users to donate money to Ukraine’s Armed Forces using more than...