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Report: $540 Million Crypto Gaming Hack Made Possible By Elaborate Phishing Scheme
6.7.2022
NFT Pokémon clone Axie Infinity went from being famous for players profiting off its “play-to-earn” gaming scam to infamous for getting hacked out of $540 million in cryptocurrency. Now according to a new report by The Block we know what made the security breach possible: a sophisticated phishing...
DeFi is ‘Designed to Avoid This Bullshit,’ Compound Founder Says About Crypto Bailouts
6.7.2022
Decentralized finance (DeFi) protocols “don’t need to get bailed out,” and were “designed specifically to avoid this bullshit,” the founder of DeFi protocol Compound (COMP), Robert Leshner, has said.
Discussing the troubles currently faced by centralized crypto lenders like Celsius (CEL), Voyager...
Hardware crypto wallet sales increase as centralized exchanges scramble
6.7.2022
Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges
Liquid markets are healthy markets, says Kairon Labs co-founder
5.7.2022
Market making is a profession that has been around since the early 1980s, many crypto market makers come from backgrounds of traditional finance
Does the Metaverse need blockchain to ensure widespread adoption?
4.7.2022
While not absolutely necessary, omitting it would be misguided. “The Metaverse without blockchains would likely just advance the ball for Big Tech.”
Hodlers and whales: Who owns the most Bitcoin in 2022?
4.7.2022
While the Bitcoin blockchain is public, knowing who owns the most Bitcoin in 2022 isn’t as simple as it should be. Here’s what we know
Hilarious 'Web 3 Console' Will Never, Ever Happen
4.7.2022
The Polium One is the answer to a question no one has ever, nor will ever, ask. It is a “next-gen console for web3 gaming.” Which is to say, a render on a website for a fictional machine that I believe will absolutely will never get made. I dare them to prove me wrong.Read more
DeFi Suffers from Too Much Centralization, What Can Be Done?
3.7.2022
"If any part of their business model incorporates centralization then it is centralized no matter what other decentralized features it deploys."
"It is vital that people understand how the assets they are pledging to a centralized entity are being used."
'"If users demand more decentralization...
Crema Finance shuts liquidity protocol on Solana amid hack investigation
3.7.2022
While awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet and better understand the problem
DeSci: Tech trees to fund ambitious science and tech
2.7.2022
To aid coordination, technology trees help decentralize science and provide an overview of the field, existing work and open challenges
Layer-1 blockchains: How crypto winter could slow the challenge to Ethereum
1.7.2022
A Chainalysis report analyzes the layer-1 blockchain ecosystem, questioning if alternative L1s will continue to challenge Ethereum this crypto winter
Self-custody is key during extreme market conditions: Here's what experts say
1.7.2022
Self-custody is what crypto was built for, while bear markets are nothing new to Bitcoin and other cryptocurrencies, industry executives say
Ethereum Is Business-ready, Says Foundation-linked Body, but ‘Caveats’ Remain
29.6.2022
The authors of a new report claim that Ethereum (ETH) is “ready” for use in the world of business – albeit with “some caveats.”
The report was compiled by the Ethereum Enterprise Alliance (EEA) – a business-focused affiliate of the Ethereum Foundation. Its authors claimed that while the “pieces...
NFT Pokémon Clone Recovers From $600 Million Hack, Ready To Chew Players Up Again
29.6.2022
Axie Infinity, the play-to-earn, decidedly exploitative, crypto Neopets, has reopened its proprietary Ronin blockchain bridge after unintentionally exposing its users to a $600 million hack in March.Read more
Polkadot's founder announces steps toward full decentralization with new governance model
29.6.2022
Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy
Polkadot Unveils Governance V2 to Become More Decentralized and Censorship-Resistant
29.6.2022
Blockchain protocol Polkadot (DOT) has announced changes to its governance mechanism in a bid to become more decentralized and censorship-resistant.
Dubbed Gov2, the new governance system aims to migrate the responsibilities of the Council, an elected body of on-chain accounts that are intended...
It’s time to refocus on crypto infrastructure, CoinShares CSO says
29.6.2022
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market
Less than 1% of all holders have 90% of the voting power in DAOs: report
27.6.2022
A user must hold between 0.1% and 1% of the outstanding token supply to create a proposal and hold between 1% and 4% to pass it
Axie Infinity to compensate Ronin exploit victims and relaunch bridge
24.6.2022
Once the bridge reopens on June 28, users will be able to withdraw one ETH for each one they possessed before the attack
Despite Historic Crashes, Video Games Aren’t Over NFTs Just Yet
24.6.2022
We were so close. As the NFT market suffered one meteoric crash after another, and as some crypto-based games lost money by the hundreds of millions, it seemed for a second there that the gaming industry might come to its senses. But no. This week alone saw two major parties unveiling a commitment...