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Poly Network hack exposes DeFi flaws, but community comes to the rescue
16.8.2021
The DeFi hacker’s initial intentions remain unclear, but they refused to accept a $500,000 bounty after returning all funds
An In Depth Look at Bitcoin’s First Chain Split: Satoshi Helps Reverse the Creation of 184 Billion BTC
15.8.2021
Since January 3, 2009, the Bitcoin network has been functional for 99.98662952015% of the time. However, the protocol has had a few hiccups along the way and on a few occasions, the chain split into two. Most people are well aware of the Bitcoin Cash split that took place on August 1, 2017, but...
Cardano’s Alonzo Upgrade Date Revealed — ADA Gains Over 16% After Announcement
14.8.2021
On Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from a video announcement stemming from Cardano’s Nigel Hemsley when he explained the Cardano network would...
It’s Like A Nintendo Direct, But For 3D Platformers
13.8.2021
I love a good 3D platformer, but they aren’t as common as they were back in the ‘90s and 2000s. However, indie developers are here to save the day for folks craving colorful and fun jumping simulators. Hubworld is an indie-focused digital event happening later this month that is entirely dedicated...
Polygon acquires Hermez Network for $250M, will merge native tokens
13.8.2021
“We believe this is in a way a historical moment since this will be (to the best of our knowledge) the first full-blown merger of two blockchain networks,” said Polygon
Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDT
13.8.2021
On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether that was blacklisted by Tether Limited. The Poly Network team said they are in control of the funds along with “Mr....
Nintendo's Parent Guide To Securing Credit Cards From Kids
13.8.2021
If you’re a parent, you know. Children can rack up in-game charges if you’re not careful. Not every mom or dad is, or even knows to be, so Nintendo is here to help.Read more
'Shall We Play a Game', Asks Poly Network Hacker Upon Returning the Funds
13.8.2021
As nearly all stolen funds from the massive hack of the decentralized finance (DeFi) interoperability protocol Poly Network have been returned, the hacker continued their Q&A session, consciously providing some clues about their identity - as well as saying they have been offered half a million...
Reef Finance Incorporates Jax.Network Into Its Marketplace
13.8.2021
The Decentralized Finance (DeFi) blockchain, Reef Finance, has built an alliance with the Bitcoin blockchain Jax.Network. The teaming up of these two eminent blockchain networks will offer clients a reliant, profitable, and decentralized blockchain conformity system. This association with...
Shanghai Man: Hack of little-known Poly Network highlights East-West crypto divide
13.8.2021
Poly Network hacker returns nearly all funds, refuses $500K white hat bounty
12.8.2021
"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker
Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens
12.8.2021
Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning...
Dvision Network to Host “Live Debate” on Cryptocurrency Legislation Organized by Korean National Assembly
12.8.2021
PRESS RELEASE. The blockchain-based metaverse Dvision Network is set to become part of history in what promises to be an action-packed event. The NFT metaverse will be hosting the ‘’Live debate’’ on the Cryptocurrency Legislation and Improvement Measures organized by...
Poly Network Hacker Keeps Sending Funds Back, Returns USD 342M
12.8.2021
The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network has returned more than half (in USD terms) of the stolen funds so far.
Per the latest data provided by Poly Network, as of August 12, almost USD 342m of assets has been returned. This includes:
On Binance Smart...
Ethereum network congestion temporarily shuts down crypto gaming casino
12.8.2021
FunFair Technologies-owned KingTiger Casino is now on the lookout for new solutions for hosting “a new range of features and games” for its participants
Chilean Peso stablecoin goes live on Stellar Network
12.8.2021
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...
Poly Network hacker returns $258M, conducts AMA on how it went down
12.8.2021
$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
11.8.2021
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution...
Bitmex Agrees to Pay $100 Million to Resolve Charges With FinCEN and CFTC
11.8.2021
Global cryptocurrency derivatives exchange Bitmex has settled charges with the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN). The exchange has agreed to pay as much as $100 million to end investigations by the two agencies. Bitmex Settles...