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Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds
19.4.2024
Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...
First AI-Generated Romance Film Looks Like Crap
12.4.2024
TV maker TCL announced its first original short film—Next Stop Paris—and excitedly confirmed that it was made using AI-generation tools. They didn’t need to tell us that, however, because the shitty, awful trailer makes it very clear that most of the imagery in the film is the hallucination of...
TITAN: The first AI game with NIM Network’s economic framework for AI agents
3.4.2024
NIM Network, a gaming and deep-tech cryptography service of Dymension Network, announced the introduction of the first-of-its-kind AI gaming experience named TITANS on March 2nd. With the launch of TITANS, NIM aims to create a more immersive and engaging gaming experience in the Web3 space....
BridgeM partners with Dmail Network’s SubHub: New dimension of cross-chain connectivity between Manta and Bitcoin
1.4.2024
Dmail Network has entered into a partnership with BridgeM, the very best cross chain bridge to connect the Bitcoin and Inscription ecosystems with Manta. It offers direct communication links between projects and subscribers through secure wallets and DIDs linked to the Dmail app. BridgeM joins...
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
1.4.2024
Polygon Labs CEO Marc Boiron has lashed out at layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.
The post Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading...
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
20.3.2024
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks...
Soroban is positioned live on Stellar network’s mainnet
20.3.2024
Soroban, a smart contracts platform on Stellar, has been positioned live on the Stellar network’s mainnet, making it possible to build, position, and interact with Stellar-oriented decentralized applications. This was divulged by the Stellar Development Foundation (SDF), a non-profit organization...
Upgrade of Ethereum Will Lower Costs for Layer 2 Networks
13.3.2024
The upgrade of the Ethereum network will take place on the 13th of March and will help lower costs for the Layer 2 networks. Chains like Arbitrum, Polygon, and Coinbase Global attribute the connection to Ethereum. A transaction that would have cost $1 will now be 1C. Developers have named...
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
9.3.2024
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur...
Optimism Foundation Executes $89 Million OP Private Token Transaction
8.3.2024
The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...
Red Vs Blue Creator Rooster Teeth Shut Down By WB Discovery
6.3.2024
Rooster Teeth, a Warner Bros. Discovery Global Streaming & Interactive Entertainment subsidiary, is ending operations after 20+ years. The news was announced on March 6 in a company memo and blog post on the digital content creator’s site. Read more
CoinGecko API Expands On-Chain Data DEX Coverage to 2.2M Tokens Across 2.5M Liquidity Pools
28.2.2024
CoinGecko's new API provides real-time on-chain data for 2.2 million digital tokens across 2.5 million DeFi liquidity pools. The API covers 900 DEX platforms spread across 120 blockchain networks, including Uniswap, Curve Finance, Sushiswap, and Orca. Explore market data, crypto prices, and more...
Akash Network’s AKT rises 10% as Coinbase adds it to its roadmap
28.2.2024
Coinbase has announced that it is adding Akash Network to its roadmap. That signals the potential listing of AKT on the platform, enabling customers to trade the token in the market. It caused a surge of nearly 10% in the valuation. While AKT has retraced to a lower value, the community is ready...
Disney Movie Club Is Closing In Another Blow To Physical Media
20.2.2024
Securing physical copies of a number of Disney classics is about to get a lot harder. Disney has announced today that after 23 years of service, it will be shuttering the Disney Movie Club later this year. Disney Movie Club is a subscription service for diehard fans that, since 2001, has provided...
51% Attacks on Bitcoin and Ethereum Networks Are Not Possible Due to Impractical Costs: Coin Metrics
16.2.2024
It is no longer viable for nation-states to destroy the Bitcoin (BTC) and Ethereum (ETH) networks through 51% attacks. According to the latest research from crypto intelligence firm Coin Metrics, the astronomical costs required to carry out such attacks make them impractical and unprofitable. A...
Telefónica Partners with Chainlink to Enhance Web3 Security Through GSMA Open Gateway
15.2.2024
Spanish Telco company Telefonica has announced a partnership with Chainlink to provide secure connections for web3 smart contracts. In a recent press release, the company highlighted plans focused on GSMA Open Gateway API security with blockchain technology at the forefront. According to...
Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing
15.2.2024
Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...
‘Millions Affected’- Bitcoin Ransomware Attackers Leak Venezuelan Mobile Carrier Data
14.2.2024
Bitcoin ransomware attackers reportedly leaked “sensitive data” belonging to “millions” of Venezuelan mobile carrier Digitel customers onto the internet on February 12. Per the X channel VE sin Filtro, the attackers hail from the MedusaBlog hacking group. Bitcoin Ransomware Attackers ‘Demanded...
Ethereum Validator Queue Reaches Highest Level Since October Amid Renewed Interest in Staking
12.2.2024
The Ethereum network is experiencing a surge in the number of validators seeking to stake their Ethereum (ETH). According to data source ValidatorQueue, the validator entry queue currently stands at 7,045, representing over 225,000 Ether (equivalent to $562 million), its highest level since October...
Promising new NFTs: DogeBirds, Moonbirds on Dogecoin
7.2.2024
Dogebirds: Going to fly to the moon? Dogebirds is a new collection of Moonbirds registered on the Dogecoin blockchain. It’s a winning combo. Its launch is eagerly awaited, and is scheduled for early February on the reference site drc-20.org: https://drc-20.org/launchpad You can find their...