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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
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
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...
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...
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...
AT&T should’ve stored their data on the blockchain, exec argues
16.7.2024
Chirp founder Tim Kravchunovsky argued that with the technology available today, the AT&T breach is "inexcusable."
Consumers find more use cases onchain, devs face challenges: Solana Foundation
15.7.2024
Decentralized finance is becoming more things to more people. That’s not easy to do
FHE and confidential computing will unlock $1T in crypto capital
15.7.2024
Confidential computing could be the fourth layer of blockchain technology, which was the missing element for mass institutional adoption
Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days
14.7.2024
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $1.54 per transfer. Bitcoin Fees Hit 10-Month Low Onchain Bitcoin fees have fallen to levels not seen since October 2023...
Web3 Marketing Strategist Says It’s a ‘Mistake’ to Frame Blockchain and AI as Competing Technologies
14.7.2024
According to Catherine Daly, the marketing head at Space and Time, framing artificial intelligence (AI) and blockchain as competing industries would be a mistake. Instead, Daly believes “there’s a lot of room for each to accelerate the other.” To illustrate this point,...
Internet Computer Protocol promotes blockchain engagement in Africa
14.7.2024
ICP’s DecaHack event highlighted the transformative potential of blockchain and the importance of nurturing talent in the sector
Nigerian university promotes blockchain engagement for future growth
14.7.2024
The event highlighted the transformative potential of DApps and the importance of nurturing talent in this area
Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round
14.7.2024
Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency repos, and just-in-time multi-bank payments. Partior...
JP Morgan-backed blockchain firm ‘Partior’ closes $60M series B
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding
13.7.2024
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek
NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue
13.7.2024
Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previous week’s revenue. Weekly Digital Collectibles Sales Slide Following...
Pixelverse Raises $2 Million, Totals $7.5 Million in Private Funding
13.7.2024
Pixelverse, a Web3 gaming ecosystem, has secured an additional $2 million in funding, bringing its total private round to $7.5 million. This funding was provided by several Web3 venture capital firms and prominent angel investors. Web3 Gaming Platform Pixelverse Secures $2M in Latest Funding Round...
Square-Enix backs blockchain-based football MMO ‘Soccerverse’
12.7.2024
The game uses the Polygon blockchain and currently runs in most browsers