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Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin

8.11.2023
Image Source: Wintermute Crypto market maker Wintermute is considering legal action after the NEAR Foundation and Aurora allegedly failed to honor an agreement to convert $11.2 million worth of USN stablecoins. In a recent post on X (formerly Twitter), Wintermute CEO Evgeny Gaevoy accused NEAR...

Wintermute claims NEAR backed out of $11M stablecoin redemption deal

8.11.2023
Wintermute founder and CEO Evgeny Gaevoy says the Near Foundation reneged on an offer to convert $11m million worth of its stablecoin

Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding

7.11.2023
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies

Render Network Moves From Ethereum to Solana Blockchain in Major Win – Where Next for SOL?

2.11.2023
3D content rendering platform Render Network has relocated from the Ethereum blockchain to Solana in order to benefit from the latter’s high throughput and lower transaction costs. As per an update in a blog posted to Medium, the Render Foundation said that it had successfully implemented...

Abu Dhabi Global Market Unveils New Regulations for Web3 Firms

2.11.2023
Abu Dhabi seeks to beef up its web3 landscape with new guidelines for blockchain-based firms as its crypto hub is projected to grow in the coming months. The Abu Dhabi Global Market (ADGM) announced new rules that create numerous blockchain foundations and how they operate within the jurisdiction...

Prosecution Eviscerates SBF during Closing Arguments: “He Built a Pyramid of Deceit”

1.11.2023
Assistant U.S. Attorney Nicolas Roos, began closing arguments in the case against Sam Bankman-Fried this morning by claiming the FTX founder built a crypto exchange based on fraud. “He built a pyramid of deceit on a foundation of lies and false promises,” Roos said. “And when...

Near Token Rallies Amid Nym Partnership, Ahead of Nearcon Conference

1.11.2023
The Near Foundation announced a partnership with Nym Technologies, a privacy layer-0 infrastructure startup

Celebrating 15 Years of Bitcoin: Unraveling Satoshi Nakamoto’s Seminal White Paper

31.10.2023
Fifteen years ago, on a memorable Halloween night, Satoshi Nakamoto introduced the world to Bitcoin through a white paper that laid the foundation for decentralized digital currencies. Published on a cryptography mailing list, this seminal document provided a comprehensive solution to...

Starknet Foundation Rewards Early Contributors with STRK Tokens before Trading Unlock

31.10.2023
The Starknet Foundation has taken a step to acknowledge the early contributors to its network by allocating 50 million STRK tokens. This gesture comes even though these tokens are locked and not yet tradable until April 2024. Starknet, a Layer-2 blockchain network built atop Ethereum, aims...

Starknet Foundation Showers STRK Tokens on Contributors, Though They're Not Trading Yet

30.10.2023
The foundation, formed in November 2022 after the initial developer StarkWare minted 10 billion STRK tokens, is now awarding early contributors to the Ethereum layer-2 network – even though they're locked for trading at least until next April

Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet

26.10.2023
Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain

This Cybersecurity Pro Gets Paid to Hack Ethereum – for the Good of the Network

25.10.2023
One technique that these Ethereum Foundation security researchers use to protect the blockchain is “fuzzing,” a term borrowed from the software-development industry that’s become a common way of checking to make sure a system is secure and resilient

TopHash: Your Gateway to Cloud Mining

25.10.2023
This sponsored post was written by the TopHash team. Read disclaimer below. Undeniably, the endeavor to amplify secondary sources of income has become more pertinent in today’s economic landscape. The conventional job market often falls short of providing a stable financial foundation...

Sui Foundation Faces Probe: Token Price Hits All-Time Low

19.10.2023
The small-cap crypto token Sui is facing turbulent times as its price hits all-time lows. As of press time on Thursday, the price of SUI was down close to 1% for the day and down 9.4% for the past seven days, hitting its lowest levels ever. The cause of the decline is tied to reports in local...

Sui token struggles to regain despite denial of 'unfounded' allegations

19.10.2023
The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea

Stellar, Early Blockchain Built for Payments, Adds Smart Contracts to Take on Ethereum

18.10.2023
The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate "smart contracts," that theoretically could attract new applications and users – and potentially more demand for the XLM token

Fantom Foundation Faces Major Security Breach – $6.7 Million Lost

18.10.2023
The Fantom Foundation, the team dedicated to building the Fantom network, has reportedly fallen victim to a hack that led to a significant loss of approximately $6.7 million worth of digital assets. On October 17, the Fantom Foundation encountered a hacking incident, as reported by on-chain...