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Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
3.8.2022
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root...
Despite Crypto Downturn, Developers Continue Contributing to Web3 Communities
3.8.2022
Blockchain developers have maintained their contributions to Web3 communities despite the latest market downturn, with Ethereum (ETH) leading the way as the strongest and largest community, according to a recent report by VC investment firm Telstra Ventures.
Per the report, blockchains developers’...
DFK Chain Now Supports ETH, Plans to Add ETH Pairs Soon
3.8.2022
DeFi Kingdoms published a blog post to announce its support for ETH on the network in partnership with Synapse. DFK Chain is now planning to add a few ETH pairs along with the JEWEL-USDC pair on the network. The JEWEL-USDC pair will enable the users to access more accurate pricing of JEWEL on...
South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry
3.8.2022
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading...
SOL Drops as Thousands of Wallets Attacked on Solana
3.8.2022
SOL, the native token of the Solana network, dropped following reports that thousands of wallets have been drained in apparently still ongoing attack.
Per blockchain auditor OtterSec, over 5,000 Solana wallets have been drained in the past few hours....
Read More: SOL Drops as Thousands of Wallets...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
2.8.2022
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro coin into the firm’s platform and the luxury retailer and designer...
Polkadot 'cup and handle' setup sees DOT price 50% higher by September
2.8.2022
DOT could witness an increase in demand after Polkadot's launch of an intercommunication blockchain tool
Blockchain.com wins registration next to parent firm on the Cayman Islands
2.8.2022
Blockchain.com is working to seek registrations in countries like Italy, France, Spain, The Netherlands and cities like Dubai
Stellar Development Foundation (SDF) Releases Soroban Preview
2.8.2022
The Stellar Development Foundation recently released the preview for its upcoming smart contracts platform, Soroban. The platform will help developers to experiment with what the venture has developed. The SDF engineers were almost ready to share the preview back in June. However, they were unable...
Nomad DeFi Bridge Drained of At Least USD 150M in 'Chaotic' 'Decentralized Robbery'
2.8.2022
Cross-chain messaging protocol Nomad, which allows users to send and receive tokens between different blockchains, was drained of at least USD 150m after experiencing a security exploit that allowed bad actors to spoof messages. ...
Read More: Nomad DeFi Bridge Drained of At Least USD 150M...
‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism
2.8.2022
Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will open us to another market and win more customers,”...
Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs
1.8.2022
The luxury jewelry and specialty retailer Tiffany & Co. announced the firm is planning to sell 250 non-fungible token passes called “Nftiff.” Essentially, Cryptopunk holders will be able to acquire one of the 250 Nftiffs for 30 ether or roughly $50K using today’s ethereum...
CBOE's operating expenses spiked 312% due to underperformance of acquired crypto firm
1.8.2022
A goodwill impairment from ErisX significantly hurt the company's GAAP earnings, but otherwise, business results improved from last year
Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC
1.8.2022
The firm, whose data centers are located in the United States, generated $40 million in sales last year
How blockchain technology can revolutionize international trade
1.8.2022
Blockchain technology has proven to be transparent and could make international trade transparent and even more secure
Blockify: Using Blockchain to Reimagine Social Media
1.8.2022
Traditional industries are currently facing an ultimatum—either embracing new technology or succumbing to old methods. Since 2008, blockchain technology has been central to this conversation. The lesson from the Facebook era may be that social networking is too central to modern life to...
SWFT Integrates Crypto Payment Ramp of Alchemy Pay
1.8.2022
SWFT Blockchain has announced the integration of the crypto on/off ramps mechanism by Alchemy Pay. It will allow users to purchase cryptocurrency directly through fiat currency, and additionally, users can exchange fiat currencies for digital currency through the remittance of their bank accounts....
HNT’s Price Largely Unmoved By Helium’s 'Users' Controversy
1.8.2022
The price of helium (HNT), the native token of Helium, a developer of a "decentralized wireless infrastructure," seems to be moving together with the market despite the recent reports suggesting that the project promoted fake partnerships with two major tech companies who say they are...
Honduras attracts crypto investor tourists with Bitcoin Valley
1.8.2022
Several businesses in the tourist town of Santa Lucia are now accepting Bitcoin payments in the hopes it can spur tourism spending
GameFi and Metaverse least affected by Terra debacle: Report
1.8.2022
Blockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respectively in Q2